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URBAN LAND PRICE RISE BY 2.7% IN FOURTH QUARTER

The average price per square metre of urban land in the fourth quarter of 2012 stood at 187.40 euros. During the period 3,843 operations were carried out (down 13.1% on the fourth quarter of 2011) representing 5.1 million square metres (down 14.6% on t…

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The highest prices were recorded in

The average price per square metre of urban land in the fourth quarter of 2012 stood at 187.40 euros. During the period 3,843 operations were carried out (down 13.1% on the fourth quarter of 2011) representing 5.1 million square metres (down 14.6% on the fourth quarter of 2011). The previous quarter had seen prices increase by 11.3%.

In those municipalities with more than 50,000 inhabitants, the average price per square metre fell by 2.6% year-on-year to 366.10 euros.

The highest prices were recorded in those municipalities with more than 50,000 inhabitants in the provinces of Madrid (642.90 €/m2), Ciudad Real (583.20 €/m2), Cordoba (489.50 €/m2) and Zaragoza (403 €/m2). The lowest average prices, within those municipalities with more than 50,000 inhabitants, were recorded in the provinces of Valencia (88.50 €/m2), Cadiz (120.10 €/m2) and Albacete (128.90 €/m2).

Filed under: http://www.theleader.info/article/38270/

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