Here you will find news, views, events and information relating to real-estate in Spain.
According to figures released by pisos.com, resale property prices in Spain in April 2017 stood at 1,526 euros per square metre. This represents a fall of -0.41%, when compared to the previous month. When compared to April in the previous year, the fall is -1.67%. However, Miguel Angel Alemany, general director of pisos.com, says “the Continue Reading
Foreign demand for housing in Spain has maintained good performance in recent years, reaching a new high in 2016 when 13.5% of homes sold were bought by foreigners. This is similar to the results seen in recent years (13.2% in 2015, 13% in 2014), and almost 10 points clear of the historical low seen in Continue Reading
The price of rental property in Spain increased by 8.8% during the first quarter of 2017. The average price of rental property now stands at 8.9€ per square metre, per month. According to research from idealista, the increase in rental costs is being driven by increased demand. The demand is being led by two distinct Continue Reading
Marbella’s Mayor, José Bernal, and the Minister of Development, Felipe López, visited the Puerto de la Bajadilla, in Marbella, over the weekend and made assurances that there will be “full cooperation” between the two administrations to ensure that the port expansion project becomes a reality. The visit follows the failed project involving Sheikh Al-Thani which Continue Reading
Somehow, we are already into the second quarter of 2017 and resale property prices in Spain marked the end of Q1 with a decline of 2.2%. This leaves the average price of a square metre of property at 1,513 Euros. The annual variation is -2.5%, according to the latest data from idealista. Fernando Encinar, head Continue Reading
Malaga-Costa del Sol Airport recorded 15.1% more passengers in February, and 16.4% more flight operations than in the same month of 2016, according to airport network AENA. February saw 914,921 passengers travel on 7,364 flights, exceeding last February despite there being only 28 days in the month this year. The bulk of passengers travelled on Continue Reading
The last ten years has seen the price of second-hand housing in Spain fall by an average of 103,294 euros, since the peak of April 2007. Back before the global financial crisis, the average price for a property of 80 square metres was 236,174 euros (2,952 euros/m²), but by February 2017 that price has fallen Continue Reading
The purchase of housing in Spain by foreigners continues to gain weight, according to data from property registrars. However, the results of the Brexit referendum appear to have reduced the number of sales to British buyers. In 2016, foreigners acquired more than 53,000 homes, representing the highest figure in the historical series (starting in 2006), Continue Reading
Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading
December 2016 saw a little over 60,000 property sales in Spain, an annual increase of 5.9%. 83.6% of purchases registered in December correspond to urban properties, and 16.4% to rustic. In the case of urban property sales, 57.3% were residential property. The number of sales of rural properties increased by 7.4%, year-on-year, while the number Continue Reading
