TINSA, the Spanish property valuation company released their latest monthly buletin to show property prices continue to rise during the month of November 2021, up by 1.2% compared to the month of october and up by 9.5% compared to November 2020.
The numbers also show how year-on-year, the average prices have increased on the mediterranean coastline by 13.4%, yet we are still 35.8% below the maximum levels seen in 2007/08.
Event with signs of inflation, the relation between mortgages, the loan to value rate offered and the relatively high rate of saving in Spain, we can see little risk of over valuing in the market at the moment.
Continue to check our webpage and social media feeds more new property listings.
The full press release from TINSA can be seen here
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