Property Search
For further information about adding your properties to this site see
Advertisement.
Directory
Spain's only Complete Real Estate Index
Latest statistics from the Spanish government reveal that economic growth is at 3.9 per cent, the highest in six years and 1.2 per cent above the Eurozone average, while the health of the public finances is as good as it has been in 30 years, with a public sector budget surplus of 1.8 per cent of GDP.
Reflecting on the surplus - one of only four in the Eurozone - finance minister Pedro Solbes said: "The rise is a faithful reflection of the excellent state of the Spanish economy and the labour market and the positive results of the fight against fraud." (Assetz)
According to Assetz, a booming economy and government surplus can be of great help to property developers in the buy-to-let sector, with increasing jobs providing opportunities for immigrants.
Furthermore, a budget deficit gives a government the opportunity to spend on public services amenities without having to borrow more or raise taxes. Italian property researchers Scenari Immobiliari told Fly2let this week: "Spain should maintain and consolidate the exceptional growth of recent years". That growth is offering those who invest in property the promise of a land of plenty.
