Spanish property market improving
The out-look for the Spanish property market is looking increasingly positive as the Spanish economy slowly moves out of recession.The re-opening of one of the country’s largest property funds. Santander opened its Santander Banif Inmobiliario property fund after a 2-year closure following the global property market crisis.
The €2.5 billion fund met the requirements to allow it to re-open on the 1st of March by raising 10% of the fund’s total assets through the successful sale of many of its properties. This is a very positive step for Spain’s property market which is now showing strong signs of recovery. If you are interested in buying or selling Spanish property visit our property portal with a wide range of properties in Europe