Here you will find news, views, events and information relating to real-estate in Spain.
Malaga, the capital of the Costa del Sol, has edged its way into the list of the most desirable places to buy a house. Thanks to its climate, museums, culture and accessibility, the city has become a magnet for investors and homeowners. Home buyers in Malaga are both national and international. British, Scandinavian, Belgian and Continue Reading
The cost of living in Spain continues to grow as seen in the change in the annual CPI which, in 2018, grew by 1%. And when it comes to housing, the variation followed the same trend. According to a report from Fotocasa and InfoJobs, in December 2018 the average cost of rental housing in Spain Continue Reading
As the mercury rises, so does the number of visitors to the Costa del Sol. Thus, in May, Malaga Airport saw almost 2 million passengers travelling on almost 14,000 flights! Specifically, the airport handled 1,914,220 passengers in May, an increase of 4.2% when compared to the same month in 2018. Travellers moved on 13,988 flights, Continue Reading
81% of owners of a home in Spain say they would not put their homes into the holiday rental market, while only 16% said they would consider it. The other 3% say they already have their property available for short-term rentals, according to a report from fotocasa. These numbers are very similar to 2018, meaning Continue Reading
The number of properties transferred in the property registers in April was 170,518. This is 4.8% more than in the same month of 2018. However, looking only at the number of housing sales (41,049) there was a drop of 3.1%. This fall was led by the drop in the number of second-hand homes (33,368) which Continue Reading
In April, there was 50,172 property sales, an annual increase of 1.06%, according to data from the General Council of Notaries. The increase was due exclusively to the considerable increase in the sale of new properties (+18.6% year-on-year), while there was a drop in sales of second-hand properties (-1.6%). The sale of single-family homes increased Continue Reading
The price of used housing in Spain registered a monthly increase of 0.2% during May, according to data from idealista. This brings the average cost per square metre of used housing to 1,712 euros. Compared to May 2018, the annual variation is +5.8%, nationally. The cities of Palma, Granada (both with +1.9%), and Santa Cruz Continue Reading
During the second half of 2018 there were 50,249 property sales to foreign buyers, an interannual increase of 1.4%. Furthermore, the figure represents 18.2% of the total purchases and sales made during those six months, according to the General Council of Notaries. Between July and December transactions carried out by foreign buyers were concentrated in Continue Reading
In February, there were 31,018 new mortgages taken in Spain, 9.2% more than in the same month last year. The average amount of the new loans reached 123,911 euros, an increase of 2.9%, according to data from the INE. The value of all mortgages taken for property reached 6,804.3 million euros which is 31.2% more Continue Reading
Many regions throughout Andalucía have seen a drop in property sales however this drop has not been universal. In actual fact one region in Spain is crushing its competitors and saw an increase in house sales from the previous year of 56% in February. The autonomous region which has seen this success is Huelva in Continue Reading
