Here you will find news, views, events and information relating to real-estate in Spain.
The number of properties transferred in the properties register in September was 147,377. This is a 7.7% increase when compared to the same month of 2017, according to data from the INE. In the case of property sales, the number of operations was 83,583, which is an annual increase of 11.6%. 88.1% of the properties Continue Reading
The luxury housing market is currently in good condition. There are more luxury properties on the market today than over the previous three years. 2.36% of second-hand homes currently on the market have an advertised sales price of over one million euros. This percentage exceeds that recorded in 2017 (2.22%), 2016 (1.92%) and in 2015 Continue Reading
Second hand property prices in Spain registered a slight increase in August, rising 0.4% to reach an average of 1,697 euros per square metre. Looking at the costs last August, the year-on-year increase is +9.2%, according to data from idealista. Property prices appear to have stablilised following years of significant increases. We are still seeing Continue Reading
There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading
The price of luxury housing in Spain continues to go up. In particular, the Andalusian coast is one of the destinations that most seduce both international and local investors. This has led to luxury housing soaring in price, with the average luxury home in the coastal haven now above 2 million euros. The luxury sector Continue Reading
The price of second-hand housing in Spain registered an increase of 1.1% during June, bringing the average per square metre to 1,664 euros. When compared to the same month in 2017 (1,554 euros), the year-on-year increase is 7.1%, according to the latest data from idealista. Autonomous Communities Prices fell in eight communities in June. The Continue Reading
Spain received 8.1 million international tourists in May, 1% more than in the same month of 2017, according to figures from the INE. The UK was the main country of residence for almost 2 million of those visitors, representing 24.6% of the total, but falling by 3.9%, when compared to May last year. Germany and Continue Reading
Second-hand house prices in Spain increased 2.7% during the second quarter of 2018. This rise puts the average cost of a square metre at 1,644 euros, according to the latest figures from idealista. Looking at the annual variation, the increase is 7%. Madrid, Barcelona and the Islands lead the ranking. “The recovery of the economy Continue Reading
The average price of renting a home in Spain decreased by 1.1% in May to stand at €8.44 p/m² per month, according to data from fotocasa. On a monthly basis, rental costs increased in eight communities and decreased in nine. The highest monthly increase was recorded in Murcia (+2.6%), followed by the Canary Islands (+1.1%) Continue Reading
Following a slight dip in March, property transfers across Spain rebounded in April, registering a year-on-year increase of 20.8%, according to figures from the INE. The total number of properties transferred in the property registers in April reached 161,444. However, as Holy Week was in March this year and in April last year, it makes Continue Reading
