The Spanish property market 2011 – the Spanish property crash is not over yet

The Spanish property market 2011 – the Spanish property crash is not over yet

The Spanish property crash, sadly, continues – as shown by the huge drop in Spanish property valuations over the past year. These valuations (tasaciones) are required if someone needs a mortgage and therefore are the necessary prelude to most property purchases. Needless to say, valuations during the Spanish property boom were notorious for being often wildly over-optimistic and many times [...]