Buying a New Property or a Resale Property

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

Category Archives: Málaga

Buying a New Property or a Resale Property

The Costa del Sol offers a wide range of properties to suit all tastes

Planning to buy a property on the Costa del Sol? Choosing between a resale property and a new one is a crucial decision. Below, we’ll explore the pros and cons of each option to help you make an informed choice that suits your preferences and needs. Resale Properties Pros: Established Locations: Resale properties on the Continue Reading

Rental Prices Breaking Records

In Spain, the price of rental housing in April once again broke historical records, standing at €11.55/m² per month. This situation, which has been repeating itself since May 2022, has led the price not only to break records, but also to exceed the price recorded during the 2007 real estate bubble, by 14.1%, according to Continue Reading

Property Prices in Málaga Exceed 2007 Records

The city of Málaga has once again seen records broken in both the prices of property sales and rental markets. Málaga capital closed February with an average cost per square metre of €2,932, while in January, the average rental price reached €13.52 p/m². Both of those average prices exceed the highest prices seen in 2007 Continue Reading

Malaga Ranked as Top Getaway Destination

Malaga has been named as the best city for an urban getaway by Forbes magazine. This is a list that excludes capital cities. The magazine said “Visit for yourself and you’ll soon see why the world’s eyes are turning to this stunning corner of Andalucia.” The list included over 400 cities from 89 countries with Continue Reading

Second Hand House Prices up 5.6% in 2022

Average property prices reached €1,984 in December

The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading

Rental Cost Down, Sale Prices Up, in Q3

The average price of second-hand housing in Spain in the month of September 2022 was 1,962 euros per square meter. This figure represented a rise of 1.84% compared to June 2022. Year-on-year, the rise reached 6.02%. The rebound compared to August 2022 was 0.57%, since the average price last month was 1,951 euros per square Continue Reading

Increase in Cost of Sale and Rental Housing

The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading

Spain Tops List of Countries For Expat Retirees

46% of over 50s considering Spain for retirement

Spain has once again been named as the best destination to retire for Brits over 50, the 10th consecutive year. A new survey by Canada Life shows that despite Brexit and the pandemic almost half of those polled said they were considering moving to sunny Spain for their retirement. For the first time, Portugal has Continue Reading

Cost of Renting Reaches Historical Highs

Renting is more expensive than ever

The price of rental housing in Spain increased by 0.9% in July, when compared to the previous month. When compared to the same month in the previous year, rental prices have increased 7.4%. This brings the average cost per square metre to €11.21. The average cost exceeded €10 per square metre some 33 months ago, Continue Reading

Modelo 720 Fines Declared Null and Void

Modelo 720 Fines Declared Null and Void

The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading