San Javier June

The price of new construction sites has not increased in the Region of Murcia in the rest of Spain. According to recent data from the society of appraisal, the average price of housing free of new buildings in our region stood at the end of the last quarter of 2007 at 1.682 euros per square meter, an increase of 4.3% compared to the same period in 2006. This means that the price of the houses of new construction has grown less than in the rest of Spain, where this increase was 5.1%, i.e. 0.8% above the figure registered in the Region of Murcia. The autonomous communities in which more has raised the price per square metre have been Catalonia, Valencia and Aragon, with increases of 8.5%, 7.9% and 7.6%. Instead, the more moderate ascents have been in Navarra and Baleares, with promotions that barely reaches 1.8%. Prices of new buildings in Murcia, in the Region of Murcia, a floor of new building cost in the last quarter of 2007, average of 168.200 euros, 1.5% more than the value recorded in June from the same period, a relatively lower price than that found in capitals such as Barcelona, San Sebastian and Madrid, where to buy a home was a cost average 454.300, 406.100 and 397.100 EUR respectively.

Within the Region, most expensive stocks in the last quarter of 2007 to buy a House of new building, according to the data of the Sociedad de Tasacion were Cartagena, San Javier and San Pedro de el Pinatar, with an average price of 1812, 1,804 and 1,767 euros per square meter, followed by Murcia (1.682 euros/m2) and Lorca (1,552 per m2). By contrast, the cheapest municipalities were Yecla and Jumilla, where the price per square meter stood at 1,430 and 1,182 euros respectively. The Sociedad de Tasacion expected that in 2008 the price of housing, the first residences, both in tourism and second homes, to stabilize, with increases in the CPI environment. In the Region of Murcia, according to the society of appraisal, in new construction housing price will also be maintained.