Property prices in Spain will continue to rise
Due to growing demand, property prices in Spain are expected to increase by 5% in 2018. Sabadell bank has predicted an average increase in house prices of 7.3% across the country over the next 3 years. But Bankinter's forecast is slightly different. They expect prices to increase by 5% next year.
Regions with the strongest economies and demand, such as Catalonia and Madrid, will be the most sought after, with Solvia's forecast suggesting property prices will rise by 11% and 14% respectively.
Property in Barcelona, Madrid, Seville, Malaga and Alicante is likely to see the biggest sales, with demand remaining high.
Meanwhile, property in Ibiza is selling so quickly that there are practically no offers left for property in this region.
Research shows that Germans top the group of overseas buyers, followed by traditional British, French, Swiss and Italian shoppers.
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