Housing prices are falling for more than 7 years, and although the latest reports indicate that the overall value of still falling slightly, increase along the Mediterranean coast has already begun – in this area, prices are 2 percent higher than last year.
Many spectators will be waiting for a more sustainable recovery, and the mortgage market already offers an earlier indication of the development of the market. The number of mortgage loans in Spain is increasing for twelve consecutive months and the average loan increased in value by more than 3 percent.
With the recovery of market stability, the Spanish property investors are starting to feel the rise of income, especially in comparison with other long-term investment opportunities. Commercial premises offer the greatest return on investment, according to reports, between 4.6 and very healthy 9.2 percent, depending on the area.
