NewsBuying a house in Spain: Higher key interest rate...

Buying a house in Spain: Higher key interest rate as a threat to the real estate market?

Created:07/19/2022, 4:28 p.m

Blick aus einer Baustelle auf die Costa Blanca.
The demand for real estate in Spain is high. Will higher interest rates stifle the boom? © Angel García

The real estate market in Spain is booming. However, a higher policy rate could put an end to the upswing. The forecasts of the experts are in this article:

Madrid – Real estate in Spain is currently in high demand. But financing a holiday home abroad could become more difficult as a result of the European Central Bank’s decision to raise interest rates. costanachrichten.com knows how experts assess the further development of the real estate market in Spain.

The real estate market in Spain is currently characterized by a large discrepancy between supply and demand: no sooner is a house or apartment for sale than the property is gone again. Prices are rising despite higher interest rates.

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