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Tag Archives: costa del sol

Property Sales Slow Again in September

The total number of properties transferred in the property registers in Spain during the month of September was 153,247. This is 13.2% less than in the same month of 2022, according to data from the INE. In the case of property sales, the number was 82,778. This represents a decrease of 20.1% when compared to Continue Reading

Rental Costs Fall in Third Quarter

The cost of rental housing in Spain, closed third quarter with a year-on-year increase of 7.6%. However, compared to the previous quarter, the cost is down 4%. These changes bring the average monthly cost of rental housing at €11.15 p/m². “Although at a quarterly level the price fell slightly, it must be put into context Continue Reading

Rental Costs Down in August

In Spain, the price of renting a home fell by 2.2% in August, when compared to July. When compared to the same month in the previous year, prices have increased by 4.7%. The current average price of second-hand housing to rent in Spain is €11.34 p/m². This price drop is the fourth consecutive monthly fall. Continue Reading

Spanish Home Sales Down 10% in July

The total number of transferred properties registered in the property registries in July was 170,109 This shows a fall of 4.7%, when compared to the same month of 2022. In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the Continue Reading

Sale and Rental Prices Fell in August

In August, the price of second-hand housing in Spain fell by 0.2%. The annual variation was more significant falling 7.9% since August 2022. This brings the average cost per square metre to €2,145. The monthly fall seen in August is the first fall in the last two years. “Historically, the month of August usually shows Continue Reading

New-Build Property Sales on the Increase

The total number of properties transferred in June reached 191,749, a 2.5% fall when compared to the same month in the previous year. In terms of property sales, the total number of transactions was 106,051, an annual fall of 1.6%, according to data from the INE. Of the total sales seen in June, 87.9% were Continue Reading

Sales of Homes in Spain Slowed in May

May saw a total of 200,906 property transfers registered, a fall of 5.4% than in the same month in 2022. Of those transfers, 109,714 related to property sales, an annual decrease of 7%, according to data from the INE. 86.8% of the sales registered in May correspond to urban properties and 13.2% to rustic ones. Continue Reading

Second-Hand Property Prices Rise in Q2

During the first six months of 2023, second-hand property for sale in Spain has seen a year-on-year increase in price, closing the second quarter with a 10.8% change. The quarterly increase was 2.1%. This brings the average cost per square metre to 2,146 euros. “The increase in the price of second-hand housing at the year-on-year Continue Reading

Home Sales Slow While Prices Increase

The latest data from the INE shows that property sales in Spain fell by 8.1% in April, when compared to the previous year. 86.5% of those property sales correspond to urban properties, of which, 57.9% were sales of homes. The sales of all urban properties fell 8.2% while sales of rustic property also fell, dropping Continue Reading

Rental Prices in Spain Increase in April

The price of rental housing in Spain increased by 1.2% in April, when compared to the previous month. When compared to the same month in 2022, the increase was 7.3%. The average cost per square meter, per month, now stands at €11.69. “Although increases are no longer in double digits, the price of rental housing Continue Reading