In April 2024, the total number of transferred properties registered in the property registries reached 191,286, which was 20.8% more than in the same month of 2023. In the case of purchases and sales of registered properties, the number of transfers was 103,950, representing an annual increase of 21.1%. 86.7% of the sales registered in Continue Reading
Home Sales Increased Significantly in April
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Category Archives: Marbella
Sale and Rental Prices Increase in April
Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading
Increase in New Build Property Sales in January
The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading
Rental Costs Reach Historical High in January
The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading
Demand is Pushing Up Housing Prices
The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading
Rental Costs Fall in Third Quarter
The cost of rental housing in Spain, closed third quarter with a year-on-year increase of 7.6%. However, compared to the previous quarter, the cost is down 4%. These changes bring the average monthly cost of rental housing at €11.15 p/m². “Although at a quarterly level the price fell slightly, it must be put into context Continue Reading
