Here you will find news, views, events and information relating to real-estate in Spain.
The number of new home mortgage approvals in October was just short of twenty-five thousand (24,706). This is 8.2% more than in the same month in 2016. The average amount of the new mortgages was 120,628 euros, an annual increase of 9.2%. The value of mortgages for urban property reached a massive 4,824.9 million euros. Continue Reading
THANK YOU! Marbella For Sale have had a great 2017 thanks to the efforst of our great team and of course, our clients without whom we would not be here! We thank all who passed by us this year. To all who trusted us to help them buy or sell a property on the Costa Continue Reading
New property has typically been sparse as available plots of land become scarce and although new construction has returned to many areas, Spain is still suffering from a lack of “new” stock. According to a survey carried out by idealista, 3 out of 4 buyers have ruled out searching for new homes as the prices Continue Reading
The average price of renting a house in Spain increased by 1.6% in November to stand at 8.13 euros/m² per month, according to data released by fotocasa. The figures are similar to the beginning of the year when increases were between 1.5 and 2%. On the monthly basis, rental prices increased in six communities and Continue Reading
Following on from the best third quarter since 2008 (in terms of property sales), in October, there were 143,249 property transfers in the property registers. This represents 12.3% more than in the same month in 2016, according to the latest data from the INE. When looking at only property sales/purchases there were 74,286 in October, Continue Reading
Andalusia, Valencia and Catalonia accounted for more than half of housing foreclosures during the summer of 2017. The number of foreclosures on “personas fisicas” (property owned by an individual) continues to fall with the third quarter seeing only about 1,600 cases. This is almost half as many as were seen in the previous quarter. On Continue Reading
According to a report “Experience of Purchase/Sale of Housing in Spain in 2017” carried out by fotocasa, the average budget set by a home buyer was 173,000€. The budget varies by autonomous community: in Madrid the average is 212,000€. In Catalonia it is 206,000€. The average budget in the Basque Country is 191,000€. In Valencia Continue Reading
Average second-hand property prices in Spain stood at 1,733 euros/m² in November, a monthly increase of 0.4%, according to data from property portal fotocasa. The slight increase shows that the price of second-hand housing is stabilising and that we are leaving behind the large price drops witnessed in recent years. On the annual variation, the Continue Reading
During the month of October more than 30 million overnight stays were recorded in hotel establishments across Spain. This represents an increase of 1.1% when compared to the same month of 2016. Overnight stays of travellers’ resident in Spain decreased by 2.2%, while those of non-residents increased 2.6%. The average stay decreased by 0.9% compared Continue Reading
In the first half of this year, the purchase of free housing by foreign buyers increased by 13.4% year-on-year. The number of British buyers fell slightly as expected in the wake of the Brexit referendum and an uncertain future. However, the number of Chinese and continental Europeans buying in Spain increased, according to a report Continue Reading
