Spanish real estate doing well even with high priced properties

One housing development firm has announced stunning reports of selling high priced properties in Spain. They have shown that high range Spanish real estate is selling out at good pace when the other areas are struggling to find buyers.

Lucas Fox showed magnificent performance in 2011. They were forced to increase their number of employees and increase their branch offices to keep pace with the high end buyers. They bagged third quarter profits of 19.5 million euros. The best selling areas reported were Barcelona, Costa Brava and Mallorca. The foreign buyers showed great interest to pay any huge amount to possess a luxury property in the mentioned places.

Head of Commercial and Investment Property, Aimar Valls was surprised to note the increase in demands for the properties in Spain. He saw huge shift in the quality choice of buyers and the enquiries have reached peak amounts. Both personal and commercial properties gained attention. Barcelona is the place people look for building hotels, apartments for rent and other high budget projects.

2012 will bring more promising notes for the company. The director Alex Vaughan believes that the already showing positive turns will bring more fortune for the company. 2012 have started at good notes with 5000 property bookings already from buyers from US, China, Middle East, Russia, Scandinavia and North and East Europe.

More information and photos can be found at http://www.aplaceinthesun.com/

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Torrevieja Possesses Good Position in Spanish Real Estate

Torrevieja is located in the South Eastern region of Spain. It is gaining popularity in the Spanish real estate.

The National Statistics Institute of Spain has published fascinating reports of huge real estate sales in this region. It has grabbed a position among the famous areas like Barcelona, Madrid, Zaragoza and Seville. Astonishing records of sales shows about 672 sales in this particular region in the first four months of the year. The Bilbao region has slightly higher sales figures like 675 and Zaragoza has records of 737 sales.

Torrevieja region was the best selling market in the Valencia state. Valencia City, Alicante, Castellon and Benidorm showed good range of selling amounts. About 600 properties were sold. These regions are showing high degree of developmental work. People are inclined towards the newly constructed properties.

The property experts are still not impressed with such figures. The figures are not at all close to the huge sales figures of 2400 properties shown in the years of 2004 and 2006. During that time people had lots of money in hand to spend.

Chris Mercer is the founder of a famous Spanish real estate. He is quite happy with the increasing sales in this region.

More information and photos can be found at http://www.aplaceinthesun.com

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Barcelona Leads the Market

Posted on July 16th, 2011 in Accommodation in Spain,Barcelona,Spanish property market NEWS by editor

Potential investors considering a property purchase in Spain will be interested to learn that Barcelona is the city that has experienced most sales in recent times.

A report showing property sales activity for the second half of 2010 indicates that the Barcelona market is independent from the activity in other parts of Spain. What is also different is that the report published by Lucas International Properties shows that most of the purchases were made by Spanish citizens.

Of all of the transactions completed, only 15 percent of purchases were made by foreign buyers. This is completely different from the rest of the Spanish market, especially the popular resorts such as the Costa del Sol.

The report shows that of the foreign buyers in Barcelona, they mostly came from Northern Europe, Russia and the USA. The Barcelona region receives approximately 34 percent of all foreign investment into Spain.

More information and photos can be found at http://www.propertyshowrooms.com

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Get Property Values Barcelona Facts

Posted on January 7th, 2011 in Accommodation in Spain,Barcelona,Spanish property market NEWS by admin

Barcelona is the capital of Catalonia, one of the largest cities in Europe, the most important economic, cultural and sports center in Spain. The city has a major European seaport and airport. The magnificent architecture of the city, its harmonious combination of ancient and modern styles makes it unforgettable for the tourists. High property values Barcelona facts are explained by lots of factors. Barcelona is the ancient city with rich history. The old city amazing Barcelona Cathedral is a vivid manifestation of the Gothic style in architecture. Grand royal palace, the walls of which recall the historic event, National Museum of Catalan Art, where you can see a rich collection of murals and works of the Middle Ages, the majestic monument of Christopher Columbus, beautiful fountains and central park… Barcelona sights list is everlasting. The city architectural modern style is a way of Catalonian character expression. Eshample is decorated with that style buildings created by famous architect Antonio Gaudi. By the way, Barcelona is the city of great people. Outstanding artists artist Pablo Picasso lived and worked in Barcelona where museum is situated. Barcelona is a sport developed region with all the sport equipment provided. In 1992 the city was the capital of the Olympic Games. The football team “Barcelona” is one of the best football clubs in Europe and several European Champions Cup winner. Excitement fans can visit the famous Barcelona arena for the corrida. Ramblas Street has things zipping day and night. It is the street of attractions and shopping. On both sides of the street numerous shops, cafes, hotels and mansions are located. There is also an opera theater “Liceo” and a huge market “Bokeria”, with amazing abundance of fruits, vegetables and seafood there. Speaking about property values Barcelona features rather high real estate prices. As example: New Apartment (3 bedrooms, 2 bathrooms, terraces, parking, good location) – 550.000 euro A house in Barcelona suburb (25 minutes away from Barcelona and 10 minutes away from the airport, garden, swimming pool, barbeque, dinning room combined with living room with fireplace, terrace, kitchen, 4 bathrooms, 5 bedrooms) – 1.200.000 euro