A studio apartment in the suburbs for less than 30 thousand euros. A villa in the city centre, of almost 200 square metres, for one and a half million euros. A 75m100 apartment for just over XNUMX euros. I dream or am awake: I am awake. Property prices in Spain are nothing short of rock bottom. The country's banks - as noted by an article by Paola Dezza on the Sole24Ore website - are taking the place of real estate agencies: they have put almost 80 houses up for sale (if we refer to all properties, offices and shops included, the number reaches to 160 thousand) and advertise them on ad hoc portals.
Homes have also suffered declines of the order of 80%. THESpain has been the epicenter of the southern European property quake and homes are suffering as the brick bubble bursts. And, according to experts, that's not all: between 2013 and 2018, prices could drop by a further 30%.
