The Spanish property market has closed its poorest year since the 1960s in terms of new houses being built: less than 60,000 in 2011 according to official figures.

In terms of prices,the market is still going down. According to the Minister of Public Works, property prices has dropped by 5.2% in 2011.

The link of this article takes you to a very useful map of home prices with average figures per square metre in each region and each postcode (properties built before 2010).The data corresponds to December 2011.

If you click on a region of the map a window will be open with residential prices per city and postcodes. The source of the data are the Ministry of Housing and Tasamadrid. The figures are updated (August 2011). The link takes you to the daily newspaper El Mundo.

This is the link: Spanish property prices (El Mundo).

It is very simple to use and you do not need to know much Spanish language.. Just move the pointer around the map. Nueva means “new built” whereas Usada means “Second hand” property -and that is it!!!

Daniel Talavera www.thespanishbrick.com