New bubble of fear caused by real estate fever
Article in french : https://www.lemonde.fr/economie/article/2019/03/26/en-espagne-la-fievre-immobiliere-fait-craindre-une-nouvelle-bulle_5441380_3234.html
(Article in french about Spain )
Source of article: www.lemonde.fr
Date of publication: 26/03/19
Author: Sandrine Morel
Summary in english:
Spain is enduring a real estate fever. That means that more and more people are buying proprieties like houses and apartements. In 2018, 580 000 transactions were made, which is a record since 2007. The sale number increased of 14,8 percent in 2017 and of 8 percent in 2018. This created an increase of the prices by 30 percent in two years and also more appartements are being built.
A man, that lives in a chic suburbain in Madrid, told that sailsmen came 3 times at his house to ask him if he would like to sell a propriety or if he knew neightbors who would .
In places like Valencia or Sevilla the price is of about 3 000 € per m2 and in chic neightborhoods it can go up to 15 000 € per m2.
(Article in french about Spain )
Source of article: www.lemonde.fr
Date of publication: 26/03/19
Author: Sandrine Morel
Summary in english:
Spain is enduring a real estate fever. That means that more and more people are buying proprieties like houses and apartements. In 2018, 580 000 transactions were made, which is a record since 2007. The sale number increased of 14,8 percent in 2017 and of 8 percent in 2018. This created an increase of the prices by 30 percent in two years and also more appartements are being built.
A man, that lives in a chic suburbain in Madrid, told that sailsmen came 3 times at his house to ask him if he would like to sell a propriety or if he knew neightbors who would .
In places like Valencia or Sevilla the price is of about 3 000 € per m2 and in chic neightborhoods it can go up to 15 000 € per m2.
Comments
Post a Comment