Spain property sector

Housing market

Spain’s Property Sector Is Recovering: 400,000 Operations Could Be Reached In 2017

Spain’s National Statistics Institute said yesterday the number of purchase-sale transactions in the property market grew 17.3% in November to 33,806 from a year ago (and compared with a rise of 6.5% in October). That makes ten consecutive months of year-on-year rises. The data confirms the property market is recovering its role as a key economic driver.

Socimis' boom

Will the Socimis recover? Everyone thinks they will

Most analysts believe the recovery in the stock prices of Spain’s  four big Socimis will continue over the coming months. Between 70% and 80% of all brokerage houses have a buy recommendation. The fact these property investment vehicles have quite high returns and there is very little competition are amongst the positive factors.