Several factors have contributed to the growth of the Spanish holiday home market. Pricing and cost factors In addition to the impact of demand factors, the cost of building has increased in response to global factors. The result is that, particularly in areas such Costa Blanca where prices had been considerably lower and development land has become less available, prices have increased considerably recently. The cost premium for new build properties and resales has become quite large. It is difficult to quantify accurately as it depends on location and type of property. However, it can be as much as 50%. … Continue reading Prices for property in Spain are increasing. Should you buy now while you can afford to?