Forecasts for Spain for 2015

Forecasts for Spain for 2015

Spain's second largest bank BBVA reports: in 2013 investment in property in Spain fell by 8.4%, in 2014 it will fall by another 3.4%, but in 2015 it will increase by 5%, writes ee24.com citing spanishpropertyinsight.com.

Experts believe that growth in 2015 will be possible if the authorities can deal with unemployment, if mortgage rates remain low, and the demand from foreign buyers continues to increase. Last year it grew by 35%.

Recall that according to BNP Paribas, in 2013 foreign investment in property in Spain grew in 2 times (i.e. by 100%), while according to Irea, interest in Spain increased 12 times.