Here you will find news, views, events and information relating to real-estate in Spain.
In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading
The number of property sales in Spain stood at 47,145 transactions in May, according to data released by the General Council of Notaries. This represents a year-on-year increase of 17.5% when compared to May in the previous year. By type of housing, the sale of used property showed an annual increase of 20.4% while sales Continue Reading
The recovery of the Spanish housing market continues to progress but at different speeds according to where you are. Varying changes to average property prices are being seen across the country. The national average price of finished housing (new and used) increased by 2.7% year-on-year in the second quarter of the year. The average cost Continue Reading
The total amount of housing purchase and sale transactions in April 2017 was 40,005, representing a year-on-year decline of 2%. Transactions involving resale property increased by 1.2%, while the sale of new property fell by 10.7%, year-on-year. The sale of single-family properties showed an annual variation of -3.8%, while sales of flats fell by 1.5%. Continue Reading
Coastal property is seeing a surge in prices of both property for rent and for sale. According to data released by pisos.com, rental costs increased by 13.57%, while property for sale increased by 19.84%, when compared to 2016. Although there are certain enclaves showing a greater recovery than others, generally all coastal areas are showing Continue Reading
The average price of second-hand housing in Spain stood at 1,680€ p/m² at the end of May, a monthly increase of 0.3%, according to data released by property portal fotocasa. The increase shows once again that the price of second-hand housing has stabilised and we are leaving behind the dramatic price drops seen in recent Continue Reading
The total number of property transfers registered in March 2017 was just short of 170,000. This represents a 17.7% increase when compared to March 2016. When comparing to the previous month (Feb 2017), the increase is 13.4%. The purchase and sale of residential properties increased by 26.9% when compared to March last year. The monthly Continue Reading
According to figures released by pisos.com, resale property prices in Spain in April 2017 stood at 1,526 euros per square metre. This represents a fall of -0.41%, when compared to the previous month. When compared to April in the previous year, the fall is -1.67%. However, Miguel Angel Alemany, general director of pisos.com, says “the Continue Reading
February saw a total of 38,176 property sales/purchases, representing a year-on-year increase of 9.9%. By type of housing, the sale of flats showed an annual increase of 12.9%. The increase was lead mainly by the increase in sales of resale properties (+14.5%). In contrast, the number of new properties sold decreased by 1.7%, year-on-year. Single Continue Reading
Somehow, we are already into the second quarter of 2017 and resale property prices in Spain marked the end of Q1 with a decline of 2.2%. This leaves the average price of a square metre of property at 1,513 Euros. The annual variation is -2.5%, according to the latest data from idealista. Fernando Encinar, head Continue Reading
