Here you will find news, views, events and information relating to real-estate in Spain.
In the second half of 2019, the sale of housing to foreign buyers increased by 0.5% year-on-year, according to figures released by the General Council of Notaries. Sales to foreign buyers recovered from the 3.2% decline which we saw in the first half of the year. Non-resident foreign buyers accounted for 42% of operations, a Continue Reading
Figures released by the INE this week reflect the predicted decline of property sales in March with an 18.6% fall. This followed the return to positive monthly variations in February after six consecutive months of falls. Of course, the fall in March is a direct result of the declaration of a state of alarm by Continue Reading
In February 2020 there were 89,710 property sales registered in the public records. This represents a fall of 1.1% when compared to February 2019. When compared to the previous month the variation is -0.5%, according to figures released by the INE. In terms of home sales, there was 44,104 registered sales recorded in the registers. Continue Reading
Over three weeks of being confined to your home can make you wonder if it really is your home. According to a study carried out by Idealista, since the state of alarm was declared in Spain, the number of property buyers searching for a home within the provincial capitals has dropped from 44.1% to 38.8%. Continue Reading
According to a quarterly report from pisos.com, the average price of second-hand housing in Spain in March was 1,690 euros per square metre. This represents a decrease of 1.25% when compared to December 2019. Year-on-year, the fall is slightly smaller at -0.61%. When comparing March to February, the contraction is -0.89%. “The trend towards a Continue Reading
January saw a 6.1% increase in the number of new home mortgages. The average amount, however, fell by 5% to 114,691 euros, according to data released by the INE. On all property types, the average amount also fell, with an average of 129,387 euros, 12.2% lower than the same month in 2019. The total amount Continue Reading
In January, there was 184,699 property transfers registered in the property registers. This is 7.7% lower than in the same month of the previous year. As for sales of homes, there was a 2.6% drop compared to January 2019. 86.6% of property sales registered in January correspond to urban properties and 13.4% to rustic properties. Continue Reading
With new developments seeing a resurgence since dropping following the crisis, it is no wonder that in 2019, 37% of buyers chose a new property. This is significantly higher than the previous two years. In 2018 new property was the choice for 29% of buyers, and only 20% in 2017. Buyers are of course still Continue Reading
The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading
In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading
