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Real Estate Briefing - Categorized | Europe, Investment, Market Moves more

Spain ripe for property investors

Posted on 06 January 2012

Spain’s property market is unlikely to grow at all in the near future, the Fitch ratings agency has announced, suggesting a wealth of opportunity for those engaged in overseas property investment.
The firm said that because the Spanish economy is battered, any growth in property values “is unlikely in the short term”. Being one of the major vulnerable eurozone nations, Spain will be battling to avoid recession this year. Its predicted GDP growth rate for 2012 is 0%………………………………………..Full Article: Source

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