Here you will find news, views, events and information relating to real-estate in Spain.
The price of rental housing in Spain registered a slight drop of 0.7% in January, when compared to January of the previous year. This is only the second decline in rental prices since March 2015. In fact, except for two slight falls, we have seen 47 consecutive months of increases in rental prices. “After almost Continue Reading
The gap between tenant budgets and rental prices is growing, according to a report from property portal pisos.com. The gap between supply and demand grew to 147 euros in 2018, a massive 68% increase when compared to 2017. This means tenants are looking at paying 1,764 euros per year more than they can afford. This Continue Reading
According to the latest figures from the INE, there were 69,524 property sales in December, an annual increase of 7.2%. 85.2% of the properties purchased in December were urban properties, while 14.8% were rural. In the case of urban properties, 57.1% were home purchases. The number of rural property sales increased by 6.4% in December, Continue Reading
Second-hand housing in Spain finished January with an average price of 1,703 euros per square metre. This is 1.84% higher than the price in December. Looking at the year-on-year price, January saw an increase of 8.11% when compared to January 2018, when the price stood at 1,575 euros per square metre. Prices have once again Continue Reading
Despite some commentators suggesting Spain was suffering from a drop in tourist numbers, 2018 ended up beating the previous year. Throughout the year, 82.8 million tourists came to Spain for their holidays, according to data from the INE. This is a 1.1% increase over 2017 and shows that Spain is still a number one tourist Continue Reading
The average price of rental housing in Spain closed 2018 with an annual increase of 1.8%, according to a report from fotocasa. This leaves the average cost per month at €8.30 p/m². This is the smallest increase registered in the last four years. It is the fourth consecutive year to see rental prices increase. In Continue Reading
According to the latest figures from the INE, there was 85,348 property sales in November, 4% more than in the same month of 2017. Of those, 42,150 related to the sale/purchase of housing. 86.5% of those sales were for urban properties, with 13.5% being rustic. In the case of urban properties, 57.1% were for housing Continue Reading
The number of purchases/sales of homes in Spain reached 47,254 in November, according to the General Council of Notaries. This represents an annual decrease of 3.6%. The sale of flats showed a significant annual fall dropping 6.5% year-on-year. This was due to falls in sales of both new property (-7.1%) and also second-hand properties (-5.5%). Continue Reading
Luxury housing (over 500,000 euros) has continued to rise in price throughout 2018 but has slowed down registering only a 2% year-on-year increase. The average price of luxury property now stands at 6,800 euros/m², up from 6,600 euros/m² registered at the end of 2017. The largest increases occurred in the cities of Madrid, San Sebastian Continue Reading
The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading
