Housing prices in Spain fell by 0.5% in August, when compared to the previous year, to reach 1,322 points, according to the latest data from Tinsa. The index shows that the market has stabilised with a slight growth of 0.2% across the first eight months of 2016. The only increases were recorded in the “Mediterranean Continue Reading
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Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: 2016
Q2 HPI at 3.9% – Property Sales Down 3.6%
The annual variation of the Housing Price Index stood at 3.9% at the closing of the second quarter, a decrease of two and a half points. On new housing the annual rate is 8.4%, more than 2 points higher than in the previous quarter, according to the latest figures from the National Statistics Institute. For Continue Reading
Tourist Spending Increased in July
Tourist spending increased in July this year reaching a total expenditure of 10,257 million euros, 7% more than in the same month last year, according to the latest figures released by the National Statistics Institute (INE). The average expenditure per tourist fell slightly to 1,027 euros, a decline of 2.1%. However, the average daily spend Continue Reading
Price of Resale Property Increased in August
The average price of resale property in Spain in August was 1,599 euros per square metre, according to the monthly report from pisos.com. This represents a decrease of 0.18% when compared to the previous month. On the annual variation prices actually increased by 3.66% when compared to August 2015. Price variations across the country have Continue Reading
Almost 10 Million Tourists Visited in July
July was another great month for tourism with 9.6 million international tourists visiting Spain. This was a massive 9.3% more than in the same month in the previous year. Many people predicted that July would be busy in the wake of recent terror scares in other countries such as Turkey, Cyrpus and Egypt. They were Continue Reading
Cost of Rental Property Fell in July
The average price of rental property in Spain fell by 0.6% in July. The average is 7.36€ p/m² p/month, according to the latest data released by property portal fotocasa. This is the first fall in the cost of rental property following 8 months of increases. The average cost is now similar to that of October Continue Reading
Demand For Luxury Property Increasing
Despite the financial crisis and continuing austerity in many European countries, the demand for luxury homes in Spain continues to grow. Luxury homes (those over one million Euros) have seen a 78.8% increase in viewings since 2013, Spain’s “annus horribilis”. In August 2015 the number of searches for property over one million Euros on property Continue Reading
Spain Saw 42.8 Million Overnight Stays in July
If any of you attempted to drive anywhere in Spain during July you will know what I’m going to say here: July was a super busy month for tourism! Spain’s hotels registered a massive 42.8 million overnight stays in July, representing a 7.4% increase over the same month in the previous year. Overnight stays by Continue Reading
Demand To Rent a Room Doubled in One Year
The demand to rent a room in Spain increased by 48% over the last 12 months. In the first six months of this year there were over 33 million searches for renting a room on one of Spain’s property portals. This is more than 10 million more searches than were conducted in the same period Continue Reading
Málaga Airport Saw 2 Million Passengers in July
Málaga Airport on the Costa del Sol recorded almost 2 million passengers passing through in July, 15.3% more than in the same month last year, according to data released by the airport network AENA. There were over 14,000 flights passing through the airport, 12.3% more than in July 2015. The majority of the passengers were Continue Reading
