Spanish property ‘engine of economic growth’ in 2015


REAL estate and construction will be the ‘engines of economic growth’ in Spain for 2015, according to a new study.

The report, released by independent financial advisors Arcano, goes on to insist that this growth could well be above the 2% predicted by the government.

A resurgence in the residential building sector is further predicted, as well as in the price of housing, due to an improvement in financing, the granting of mortgages, the return of foreign investors and a recovery in domestic demand.