Spain » Outlook

International Property Brokers forecasts that with a GDP growth rate of 2.4% ,Spain’s Economy will not be as vigorously growing as it was a couple of years back, but it will keep on moving steadily. During the first term of Prime Minister Jose Luis Rodriguez Zapatero in 2004, the economic growth was robust and fast but he entered his second term with a slower growth rate. However, overall Spain is an economically stable economy with its Tourism industry serving as a catalyst for its economic growth, thus indirectly giving a boost to Real Estate Sector.