Spanish property sales in Costa del Sol On The Increase

20 Feb 2011

Spanish property sales and those especially in the luxury market are very much on the increase with at least €20 Million Euros worth of sales taking place in the last 3 weeks on Marbella Villas alone according to Nick Stuart of Spanish Hot Properties.

“Quite simply we have seen at least 10 Villas being sold at around €2 Million each and we know of quite a few penthouses over €400,000 that have been sold as people realise that it’s now or ever to strike that deal, well in the luxury property side for sure” said Nick.

So why the sudden increase in sales of luxury property in Spain sales? “Again that has probably has everything to do with timing and the reality that property prices are never going to get any cheaper especially in Mallorca and Marbella” Nick said further.

In some regions of Spain such as Mallorca property prices are already on the increase so it should be interesting to see how things pan out and if Villas for sale in Spain continue to sell at the current levels.

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