Further to other data I have posted recently, the number of foreclosures has seen a significant fall in the first quarter of the year, adding to speculation that the property market recovery continues. The number of foreclosures on homes in Spain fell in Q1 by 31.2%, to stand at 6,118 actions, according to the latest Continue Reading
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Tag Archives: 2016
Resale Property Prices Fell 0.2% in May
The price of resale property in Spain fell by 0.2% during May, to stand at €1,537 p/m², according to the latest house price index from property portal Idealista. This figure represents the fourth consecutive month of falls, according to Idealistas figures, which, since February, has accumulated a decline close to 4%. For example, if the Continue Reading
Cost of Rental Property Increased in April
The cost of renting a property in Spain increased in April by 0.8% to end the month on an average cost per square metre of €7.29, according to data released by property portal, fotocasa. The annual increase, when compared to April 2015, is actually 4.5%, one of the sharpest rises of recent months. Beatriz Toribio, Continue Reading
Spain Received 6.1 Million Tourists in April
Spain continues to attract record numbers of tourists as the country begins to see signs of summer. Spain received over 6 million tourists in April, representing an increase of 11.3% over the same month in 2015, according to the latest data released by the National Institute of Statistics. As usual, UK travellers accounted for the Continue Reading
Overnight Hotel Stays Increased in April
April saw 23.3 million overnight stays registered in Spain’s hotels, representing a 1.3% increase over the same period in 2015. Cumulatively, for the first quarter of 2016 the number of overnight stays has increased by 9.3%, when compared to Q1 2015. Spanish residents seemed to favour staying home, or in other types of accommodation, as Continue Reading
Resale Property Prices Fell Slightly in April
The average price of resale property in Spain fell by 0.2% in April, when compared to the previous month. The average price per square metre now stands at 1,624 Euros, according to data released by property portal fotocasa. This is slightly different to the figures released by Tinsa last week but the gap between the Continue Reading
Costa del Sol Expecting a Record Summer
The Costa del Sol is expecting to increase its summer trade by 12% this year, roughly the same percentage increase seen during the winter of 2015/16. Tourism Costa del Sol president, Elias Bendodo, said in a press conference that he expects “a historically high season following the magnificent results of last winter.” Malaga-Costa del Sol Continue Reading
Spain’s Airports Received 18 million Passengers in April
Spain’s airports recorded an increase in traffic of 7.1% in April, when compared to the same month in the previous year, reaching a total of 18 million passengers, according to data released by Aena. Flights to Spain continue to be popular as the cost of fuel remains low, and the instability of other tourist destinations Continue Reading
House Prices Increase 0.1% in April
The price of residential property in Spain has remained stable through April and registered an increase of 0.1% year-on-year, according to House Price Index Data released today by Tinsa. In February the annual increase was recorded at 2.7% and in March prices grew 0.8%, yet still the market remains positive with the average value increase Continue Reading
