Here you will find news, views, events and information relating to real-estate in Spain.
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
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
At the close of the first quarter, rental prices had increased by 3.72%, when compared to the close of the previous quarter. This brought the average price to 780 euros. When compared to February, the increase is 1.3%. Compared to the same period in 2017, the increase is 15.56%, according to the latest data from Continue Reading
There were 39,945 housing sales in February, representing an annual increase of 2.7%, according to the latest report from the Council of Notaries. By type of property, the sale of apartments increased by 6.2%, while sales of single-family homes showed a notable fall of 11.6%, year-on-year. The increase in sales of apartments was due to 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
The number of urban land sales in Spain, the total area and the total value of sales increased in the last quarter of 2017. However, the average price of a square metre of urban land decreased in the fourth quarter of 2017 to stand at 153 euros. This represents a fall of 10.9% year-on-year. When Continue Reading
