Here you will find news, views, events and information relating to real-estate in Spain.
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
Over the last twelve months, the demand for rental housing has fallen by 36%. In 2017, 14% of people over 18 years old had rented or sought to rent a home. In 2018 that percentage is 9%. This is the conclusion of the study “X-Ray of the Housing Market 2017-2018” carried out by property portal Continue Reading
The number of property transfers registered in the property registers in March was 157,047. This represents a decrease of 7.8% when compared to March in 2017. Of those transfers, 81,303 were property sales, an annual decrease of 5.4%. 84.8% of those property sales were urban properties, with the remaining 15.2% being rural. In the case Continue Reading
Spain received 5.4 million international tourists in March, 9.6% more than in the same month in 2017, according to figures from the INE. The UK was the main source of travellers in March with 1.2 million Brits visiting. This represents 22% of the total international travellers. It also represents an increase of 5.6% when compared Continue Reading
Second-hand house prices in Spain stood at an average of €1,765 p/m² in April, an increase of 0.7% when compared to March. This confirms that the price of second-hand housing is stable and is fluctuating only slightly month to month. With respect to the annual variation, the price in April represented an increase of 5.4% Continue Reading
The number of permits for new build property reached 8,305, in February, representing a 26.9% increase year-on-year. This is the third highest figure since the worst of the crisis hit new property in 2013, according to figures from Fomento. In the first two months of this year there have been 14,999 visas granted, 17.4% more Continue Reading
The number of new mortgages registered in 2017 was 310,640, an increase of 10.9% with respect to 2016. The autonomous communities with the highest number of new mortgages were Andalucía (60,026), Comunidad de Madrid (56,866), Cataluña (50,848) and Comunidad Valenciana (32,408). Of all the autonomous communities the number of new mortgages on housing increased with Continue Reading
The economic recovery that, according to multiple indicators, is being seen in Marbella is noticeable in the increase of hotel projects in the area. Marbella closed 2017 with a net increase of 924 new companies. In January, more than 28,000 tourists visited the town, an increase of 18.5% over the same month in the previous Continue Reading
4.2 million international tourists visited Spain in February, 2.6% more than in the same month in 2017. The UK was, as usual, the main source of visitors with 865,316 people heading to Spain from the British Isles. This accounts for 20.5% of the total visitors but also represents 5.9% fewer Brits when compared to February Continue Reading
The price of used housing in Spain increased by 2.2% in the first quarter of the year. This brings the average price of a square metre to 1,621 euros, according to the latest idealista price index. When compared to the same period in 2017, the variation is +7.1%. Head of idealista studies, Fernando Encinar, says Continue Reading
