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Murcia Property News

Prices Are Stabilising

Prices finally stabilising

According to information from the School of Property Registrars, residential property prices increased by 2.55% on a year upon year basis in 2014.
In the last quarter of 2014 property prices had risen by 0.91%.
Spain has seen house prices fall by betweem 30% and 60% (in some areas) since their highest point in 2007.
The National Average price per sq metre is calculated at 1,251€ m2.

Corvera Airport Eyewitness Report

“Last week, Whilst viewing a lovely individual villa with its own private pool in Lo Santiago, 20 minutes from the Mar Menor, I was able to clearly see the aeroplane carrying out the Calibration Tests at the new airport at Corvera. from the roof top sun terrace you could see the islands in the Mar Menor and the aeroplane passing the control tower. Lets hope 2015 will be the year when the new airport in Murcia opens for business.” Hugh James

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