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Here you will find news, views, events and information relating to real-estate in Spain.

Category Archives: Costa del Sol

Sales of New Homes Increased in January

Sales of New Homes Increased in January

The total number of property sales/purchases in the property registers in January was 198,298, 10.6% more than in the same month of 2018, according to data from the INE. 85.7% of purchases registered in January correspond to urban property, and 14.3% rural. In the case of urban properties, 56.5% were home sales. The number of Continue Reading

Spanish Property Maintains Foreign Interest

Brits made up 14.75% of foreign sales

International buyers continue to see Spain as a safe place for their investments. According to an analysis of the data of the latest Yearbook of the College of Registrars of Spain conducted by Sonneil, 2018 saw record sales of homes to foreign buyers with a total of 65,295 operations. This is 11% more than in Continue Reading

Tenants Struggle to Meet Rental Costs

Tenants Struggle to Meet Rental Costs

The gap between tenant budgets and rental prices is growing, according to a report from property portal pisos.com. The gap between supply and demand grew to 147 euros in 2018, a massive 68% increase when compared to 2017. This means tenants are looking at paying 1,764 euros per year more than they can afford. This Continue Reading

Málaga Airport Had Busiest Year Ever in 2018

Málaga Airport handled over 19m passengers in 2018

In terms of passenger numbers, 2018 was the busiest year in the history of Málaga Costa del Sol Airport. This is according to figures released by airport operator, AENA. Beating 2017’s record, which fell slightly short of 19 million passengers, growth in both the domestic and international sectors brought 19,021,704 passengers through the airport. This Continue Reading

Luxury Property Prices up 2% in 2018

Luxury Property Prices up 2% in 2018

Luxury housing (over 500,000 euros) has continued to rise in price throughout 2018 but has slowed down registering only a 2% year-on-year increase. The average price of luxury property now stands at 6,800 euros/m², up from 6,600 euros/m² registered at the end of 2017. The largest increases occurred in the cities of Madrid, San Sebastian Continue Reading

Passenger Growth in November at Málaga Airport

Passenger Growth in November at Málaga Airport

Málaga-Costa del Sol Airport handled just over one million passengers in November, an increase of 8% when compared to the same month last year. The number of flights also increased, by 8.9%, to reach a little over nine thousand operations. The bulk of November’s passengers moved on commercial flights, the vast majority (933,679) flying internationally. Continue Reading

Cost of Renting in Spain Fell in November

Cost of Renting in Spain Fell in November

The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading

Second-Hand Housing Prices Up in November

House prices up in November

The average price of second-hand housing in Spain increased by 0.7% in November, when compared to the previous month. This brings the average price per square metre to €1,861, according to data from fotocasa. Other than from April to May, all monthly increases throughout 2018 have been between 0.3 and 0.9%. Looking at the year-on-year Continue Reading

Brexit willl have “no affect” on Brits living in Spain

Borrell said "Brexit will not affect" Brits in Spain

With the Brexit negotiations continuing into their third year it is no surprise that expats in Spain are concerned about what any final deal will mean for their rights here in Spain. But despite little attention from the British Government, a ray of light seems to have been thrown on the subject from a rather Continue Reading

Almost 9m Tourists Visited in September

15 million Brits have visited Spain this year

Spain received almost 9 million international tourists in September, a slight increase of 0.9% when compared to the same month in 2017. The UK was once again the main emitting country, with more than 2.1 million Brits heading this way. This represents 23.6% of the total, while being 3.1% fewer than visited in September 2017. Continue Reading