Average Spanish property prices have fallen by 3.9% over 12 months to the end of July, according to the latest Spanish property price index published by Tinsa, one of Spain’s largest appraisal companies
The big news in the second quarter was the collapse of one of Spain’s largest residential property developers, Martinsa-Fadesa, after declining sales and massive debts forced the company to seek protection from its creditors
The first thing that makes you raise your eyebrows in surprise when you first arrive in Spain is the never-fading smiles on the faces of people walking around