The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this Continue Reading
Average Rent Increased 5.11% in 2022
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Tag Archives: andalucia
Second Hand House Prices up 5.6% in 2022
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
Cost of Renting Reaches Historical Highs
The price of rental housing in Spain increased by 0.9% in July, when compared to the previous month. When compared to the same month in the previous year, rental prices have increased 7.4%. This brings the average cost per square metre to €11.21. The average cost exceeded €10 per square metre some 33 months ago, Continue Reading
Spanish Property Sales Continue to Accelerate
The number of Spanish property transfers recorded in the public register in June reached 196,206, 0.9% more than in the same month last year. In the case of property sales, the number was 108,085, an annual increase of 7.1%. 87.6% of the purchases registered in June correspond to urban property and 12.4% were rustic. In Continue Reading
House Prices Up in Second Quarter
The price of second-hand homes for sale in Spain increased by 1.2% in the second quarter of 2022. This is a year-on-year increase of 2.8%, bringing the average price per square metre to 1,936 euros. This increase is also the first quarterly increase since the fall seen in Q2 of 2021. “The trend in house Continue Reading
House Prices Up Almost 5% in May
The average price of second-hand housing in Spain in the month of May 2022 was 1,923 euros per square meter. This figure represented a rise of 0.91% compared to April, when the price was 1,906 euros per square meter. The rise compared to May 2021 was 4.86%, since the average price of homes for sale Continue Reading
2021 Saw 33% Increase in Property Sales
The total number of properties transferred in the property registers in Spain in December 2021 reached 178,243, which is 17.6% more than in the same month of 2020. In the case of property sales, the number is 96,466, representing an annual increase of 26%, according to data from the INE. 86.4% of the purchases registered Continue Reading
Cost of Renting a Home Up in January
In January 2022, the cost of renting a property in Spain reached an average of €10.07 per square metre. This is a rise of 0.9% when compared to the previous month. Year-on-year, the variation is +2.57%. According to the Director of studies at pisos.com, Ferran Font, “the rental market is recovering in a positive trend, Continue Reading
