SPANISH PROPERTY IS UNDERVALUED by 26 %

Spanish Property is Undervalued by 26% 
 
20151217_100716According to the Organisation for Economic Development (OECD), property prices in Spain are undervalued by 26%, whilst prices in the United Kingdom are 7% overvalued.

The research by the OECD has been running for the last decade and examines property prices against wages in each country.  It then compares this against the long term average for each country.

According to the methodology used by the OECD, a value of 100 shows that property prices are fair value and in line with long term averages.  A reading of 90 means property is 10% undervalued compared to its long term average.  A value of 110 would show a 10% over valuation compared to the long term average.

Spain scores a value of 74 in the latest research, giving an under valuation of 26%.

Category : Uncategorized

Leave a Reply

 

About Us

Villas Valencia offers properties in Valencia at Spanish prices. What`s more, we don`t charge the buyer (as most other agencies do). We are an English locally run estate agent company dealing with properties in a picturesque area around the city of Valencia.

Testimonials

You are the only agent we dealt with your knowledge of the area and the buying process left us at ease that everything would be taken care of. - Mr & Mrs P, in Naquera

Your advice was clear and brilliant. You completely understood our requirements and objectives, facilitating our new purchase. Thank You! - Mr L, Now living in Lliria

You offered a great service from start to finish, clearly explaining all our options and helping speed everything through. You translated everything we needed quickly.

- Mr T, Second home in Montroy

Villas Valencia was fantastic and exceeded my expectations. I will and have recommended you to others. Thank you for all your referrals for building work. We love our new pool! - Sean, house in Rocafort

Thank you for all the help buying our property in Valencia. With so much to think about, you explained everything well and made it all very easy. Cant wait to move out there fully and enjoy a G & T on our balcony with you.

- Ben, house in Naquera

Send to Friend

Email Agent