During the first six months of 2023, second-hand property for sale in Spain has seen a year-on-year increase in price, closing the second quarter with a 10.8% change. The quarterly increase was 2.1%. This brings the average cost per square metre to 2,146 euros. “The increase in the price of second-hand housing at the year-on-year Continue Reading
Second-Hand Property Prices Rise in Q2
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Category Archives: Statistics/Figures
Home Sales Up 7% in September
The number of transferred properties registered in the property registers in the month of September reached 175,374, representing a fall of 2.1% compared to the same month of 2021. Looking only at the number of property sales, the number reached 102,987, an annual increase of 0.1%. Of the sales registered in September, 88.7% related to Continue Reading
Spanish Property Sales Continue to Accelerate
The number of Spanish property transfers recorded in the public register in June reached 196,206, 0.9% more than in the same month last year. In the case of property sales, the number was 108,085, an annual increase of 7.1%. 87.6% of the purchases registered in June correspond to urban property and 12.4% were rustic. In Continue Reading
Modelo 720 Fines Declared Null and Void
The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading
House Prices Up in Second Quarter
The price of second-hand homes for sale in Spain increased by 1.2% in the second quarter of 2022. This is a year-on-year increase of 2.8%, bringing the average price per square metre to 1,936 euros. This increase is also the first quarterly increase since the fall seen in Q2 of 2021. “The trend in house Continue Reading
Significant Increase in Property Sales in April
In April, there were 173,396 property transfers recorded in the property registers, 1.3% fewer than in the same month of 2021. In the case of property sales, there were 94,876 registered in April, an annual increase of 6.3%, according to data released by the INE. 86.3% of the purchases registered in April correspond to urban Continue Reading
House Prices Up Almost 5% in May
The average price of second-hand housing in Spain in the month of May 2022 was 1,923 euros per square meter. This figure represented a rise of 0.91% compared to April, when the price was 1,906 euros per square meter. The rise compared to May 2021 was 4.86%, since the average price of homes for sale Continue Reading
