BLOG

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

Category Archives: Property Market

Used Property Prices Up Slightly in May

Used Property Prices Up Slightly in May

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

Mortgage Borrowing Increased in March

Mortgage Borrowing Increased in March

The number of new mortgages approved in March reached 30,716, an annual increase of 15.8%, according to data from the INE. The average amount of those home loans was 125,341 euros, an annual increase of 3.9%. The total capital loaned for the purchase of a home in March reached 3,850 million euros. This represents an Continue Reading

Foreign Buyers Still Flocking to Spain

Foreign Buyers Still Flocking to Spain

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

Home Sales Slowed in March

Home Sales Slowed in March

Property sales in Spain stood at 50,659 transactions in March, a year-on-year fall of 2.9%, according to data from the General Council of Notaries. By type of property, the sale of flats showed a strong year-on-year drop of 5.4%. The fall can be attributed to a drop in sales of both new apartments (-9.3%) and Continue Reading

Average Used Property Prices Up in April

Average Used Property Prices Up in April

According to pisos.com, the average price of second-hand housing in Spain was 1,715 euros per square metre in April. This represents an increase of 0.86% compared to March. With respect to April 2018, the annual variation is 9.08%. Last April the average price was 1,572 euros p/m². “House prices continue to move at a reasonable Continue Reading

February Saw an Increase in Housing Mortgages

February Saw an Increase in Housing Mortgages

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

Impressive 56% Increase in Property Sales in Huelva

huelva-56-percent-increase-in-property-sales

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

Pace Slowing but Spanish Property is Still Selling

Pace Slowing Still Property Sales

Statistics recently released indicate that in Spain the number of properties sold in January compared to last year only rose by a small amount. Indications from the Spanish Land Registrar show 42,850 properties were sold in the January this year, which is only marginally more than the 42,745 sold in January 2018. The smaller property Continue Reading

Foreign Demand For Spanish Homes Maintains Growth

Foreign Demand For Spanish Homes Maintains Growth

The total number of home sales registered in 2018 reached the highest level seen in the last 10 years, with 516,680 operations. This is according to a report from the College of Registrars. The figures represent an annual increase of 11.3%. The data also shows a stable distribution in relation to recent years, between used Continue Reading

Second-Hand Housing Prices Up in Q1

House prices continue to rise

As the first quarter of 2019 has flown by in the blink of an eye, the price of housing has risen by 1.68%, when compared to the previous quarter. In March, the average price of second-hand housing stood at 1,700 euros per square metre. When compared to Q1 in 2018, the increase is more significant Continue Reading