Here you will find news, views, events and information relating to real-estate in Spain.
In 2017, there were 26,645,100 registered homes in Spain, 0.23% more than in 2016, the largest increase since 2013. Thus, in one year the housing stock has increased by more than 58,000 properties, according to data from the Ministry of Development. Andalusia was the community with the most stock, with a total of 4,422,047 registered Continue Reading
The number of transferred properties written in the property registers (from public deeds) in the month of May is 183,748, which represents a 9.8% increase over the same month of 2017. Of the total transfers, 93,366 were property sales, representing an annual increase of 4.1%, according to the latest figures from the INE. Nicolas de Continue Reading
Second-hand house prices in Spain increased 2.7% during the second quarter of 2018. This rise puts the average cost of a square metre at 1,644 euros, according to the latest figures from idealista. Looking at the annual variation, the increase is 7%. Madrid, Barcelona and the Islands lead the ranking. “The recovery of the economy Continue Reading
There were 27,724 new mortgages for home purchases in April, 34.2% more than in the same month of the previous year. The average amount of the new mortgages was 123,256 euros, according to the latest figures from the INE. The average amount showed an increase of 9.1%. when compared to April 2017. Compared to the Continue Reading
The average Spanish property buyer has a budget of 166,000 euros, a figure that falls short of the average house price in Spain, which is currently 241,145 euros. This means there is a 69% gap making it hard for Spaniards to get on the property ladder. The average Spanish buyer is looking for a property Continue Reading
The average price of renting a home in Spain decreased by 1.1% in May to stand at €8.44 p/m² per month, according to data from fotocasa. On a monthly basis, rental costs increased in eight communities and decreased in nine. The highest monthly increase was recorded in Murcia (+2.6%), followed by the Canary Islands (+1.1%) Continue Reading
Following a slight dip in March, property transfers across Spain rebounded in April, registering a year-on-year increase of 20.8%, according to figures from the INE. The total number of properties transferred in the property registers in April reached 161,444. However, as Holy Week was in March this year and in April last year, it makes Continue Reading
Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading
According to the latest figures from pisos.com, average property prices of used housing in Spain increased in May by 1.08%, when compared to April. The average price now stands at 1,589 euros per square metre. In April the average price was 1,572 euros. With respect to May in the previous year, the increase is 3.05%, Continue Reading
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
