Released on: October 3, 2007, 2:23 am

Press Release Author: Your Key To Spain

Industry: Real Estate

Press Release Summary: It has been revealed that house prices in Spain have risen
faster than it has done anywhere else in Europe. Price rise of Spanish property even
surpasses the UK market.

Press Release Body: London (yourkeytospain) 25th Sep, 2007: House prices in Spain
have risen faster than it has done anywhere else in Europe. It is mortgage lender
Halifax that has revealed this fact about Spanish property. It has also indicated
that the slowdown in the market is a positive thing, after five years of exceptional
price rise.

According to the figures revealed by Halifax, Spanish property prices doubled
between 2001 and the end of 2006, and increased by nearly 60 per cent in the past
two years alone. This is 20 per cent more the average 40 per cent rise across the
eurozone as a whole.

According to a recent poll by the Taxpayers Alliance, two in every five people in
the UK are seriously considering moving abroad; and a large number of the buyers
boosting the market in Spain are British.

However, the amazing fact is that despite the massive prices over the past five
years, Spain remains one of the cheaper eurozone countries. Facts reveal that the
average price of Spanish property is £150,200, while the average in the UK is
£187,100.



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