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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

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Mallorrca’s tourism appeal, coupled with the fact a series of new flights to the Spanish island are being launched, is likely to have a positive effect on the region’s real estate, people hoping to find property in Balearic Islands may be interested to hear.

Both Jet.com and Thomas Cook are announcing new flight routes to Mallorca and both the rental market and second home market are likely to benefit from the increase in tourism.
Taylor Wimpey de Espana, said: “Mallorca offers year round sunshine, Blue Flag beaches and marinas, the relaxed Spanish way of life and a lower cost of living, just some of the reasons that people decide to buy a home on this stunning island.”

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