Here you will find news, views, events and information relating to real-estate in Spain.
During the month of October more than 30 million overnight stays were recorded in hotel establishments across Spain. This represents an increase of 1.1% when compared to the same month of 2016. Overnight stays of travellers’ resident in Spain decreased by 2.2%, while those of non-residents increased 2.6%. The average stay decreased by 0.9% compared Continue Reading
In the first half of this year, the purchase of free housing by foreign buyers increased by 13.4% year-on-year. The number of British buyers fell slightly as expected in the wake of the Brexit referendum and an uncertain future. However, the number of Chinese and continental Europeans buying in Spain increased, according to a report Continue Reading
The average price of housing continues to rise in Spain but at a moderate pace. According to data from the Ministry of Development, the average price stood at 1,540 euros/m² at the end of September. This follows price increases of 0.7% quarter-on-quarter and 2.7% year-on-year. The third quarter of this year is therefore the tenth Continue Reading
Málaga Costa del Sol Airport closed October having handled a 7.1% increase in passenger numbers and 7.5% more flight operations than in the same month in 2016. The month saw 1,833,589 travellers and 13,007 flight operations, both impressive numbers for the month of October. This is according to the latest figures from airport network operator Continue Reading
The number of property transfers registered in the property registers in the month of September was 135,170. This is 1.8% more than in the same month in 2016, according to the latest data from the INE. Of those, the total number of property sales/purchases was a little over 74,000, an annual increase of 7.6%. 86.6% Continue Reading
As one of the busiest summers ever drew to a close Spain was still attracting the tourists with over 8.8 million visitors arriving in September. This is an increase of 11.4%, when compared to the same month last year, according to the latest data from the INE. As usual, the UK was the main emitting Continue Reading
Used property prices fell in Spain showing a decrease of 1.8% during October, to stand at an average of 1,562 euros per square metre. Only seven provinces saw prices increase with Madrid leading with a small increase of just under 1%. The national year-on-year variation was +3.2%, according to data from idealista. Autonomous Communities Second-hand Continue Reading
The demand for luxury residential property in Spain shows no signs of slowing down. There is more luxury property available and at higher prices than last year. Property portal pisos.com has analysed the luxury market and the results show that there has been a marked increase in volume of luxury property. 2.22% of second-hand properties Continue Reading
The total volume of real estate investment in Spain (residential, office, retail, hotels) closed the third quarter of the year at around 8,947.4 million euros. This represents an increase of 40% over the same period in 2016. Additionally, this figure represents 94% of the total investment for the whole of 2016, which amounted to 9,564 Continue Reading
The Costa del Sol had its best summer ever this year with over 7 million visitors and 7,000 million euros of expenditure to beat both previous records. These results summarise the general trend of summer tourism which has been steadily increasing over recent years. Costa del Sol Tourism President Elías Bendodo, said the “professionalism and Continue Reading
