Here you will find news, views, events and information relating to real-estate in Spain.
The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading
13% of house purchases in Spain are for second homes, according to the report “Profile of the second home buyer in Spain”, by fotocasa. Second homes are the second most popular reason for buying a property. The most popular reason is of course for a primary residence with 75% of sales being for that reason. Continue Reading
The urbanisation La Zagaleta, located in Benahavís, Malaga, holds the record for being the most expensive residential area in the whole of Spain. Homes in this exclusive development exceed 5.6 million euros on average. Despite being private homes, not hotels, most properties in La Zagaleta have more than 8,000m² plots, elevators, a cinema room and/or Continue Reading
The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading
Malaga Airport closed July having seen record numbers of passengers pass through in its busiest summer yet, according to airport operator AENA. The number of passengers grew by 11.2% to a massive 2,180,749. This is the first time in its history that the airport has seen more than two million in a single month. Of Continue Reading
The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading
There were 88,034 property sales/purchases in June, an annual increase of 18.6%. Compared to the previous month the number fell by 1.3%, according to data released by the National Institute of Statistics. 86.8% of the properties sold were urban properties, compared to 13.2% rustic property. In the case of urban properties, 57.8% were for home Continue Reading
Despite being one of the hottest summers, Spain’s housing stock shows that not everybody has the benefit of air-conditioning. In fact, only 30.1% of homes currently for sale or rent in Spain are equipped with any form of cooling, according to a study by idealista. For the study, the property portal analysed 900,000 homes currently Continue Reading
Four out of ten homeowners who put their property on the holiday rental market managed to rent the property within the first two weeks. In fact, 7% managed to get a tenant within the first week. 16% rented the property within one week, while 19% needed two weeks to rent it. “The speed and ease Continue Reading
Marbella had a record June in terms of the number of tourists visiting the area. Numbers increased by 30.5% when compared to June last year. The mayor of Marbella, José Bernal, described the figures, which were released by the National Institute of Statistics (INE), as “historical and an example that the policies of the local Continue Reading
