Here you will find news, views, events and information relating to real-estate in Spain.
Málaga Airport handled 5.4% more passengers in February and 4.2% more flights than in the same month last year. Almost a million passengers (963,939) passed through on 7,671 flights, according to airport network AENA. The bulk of the passengers moved on commercial flights. Of these, 785,467 travelled on international flights, representing growth of 2.8%, when Continue Reading
The Spanish real estate market started 2018 with force with the best January property sales figures for 10 years. In January there were 176,911 property transfers in the registers, 13.2% more than in the previous January. When looking only at residential, there were 94,060 property sales, a 23.1% increase when compared to last January. 85.4% Continue Reading
The Spanish Government has approved the new Housing Plan 2018-2021, which includes aid for tenants and buyers. The effects will be retroactive from January 1st. According to the Minister of Public Works, Íñigo de la Serna, “it is a plan that tries to satisfy real needs and that is especially focused on young people, the Continue Reading
Residential property sales in 2017 showed the best result since 2008 with a total of 532,367 purchases throughout the year. This represents a 16.3% increase when compared to the previous year. Compared to the peak in 2006 (when sales reached 955,186 houses), we are still 44% below the maximum. However, compared to the 2013 minimums Continue Reading
Seven out of 10 buyers who purchased a home in Spain in 2017 required bank financing and/or family assistance. In six out of 10 cases, only bank financing was required to complete a purchase. In one out of 10 cases, buyers also required family assistance on top of bank finance to buy their home. These Continue Reading
The cost of renting housing in Spain increased by 3.5% in January to stand at €8.44 p/m² per month. This is the largest monthly increase since March 2007 when the monthly variation was 6.3%. On a monthly basis, the cost of renting increased in 15 communities and decreased in two. The highest increase was recorded Continue Reading
The number of properties transferred in the national property registers in December was 125,263, 1.9% more than the previous December. Of those transfers, the total number of sales/purchases was 64,135, representing an annual increase of 4.1%. 85% of those properties were urban, while the remaining 15% were rural properties. In the case of urban properties, Continue Reading
Málaga-Costa del Sol Airport started 2018 with a 7.8% increase in passenger numbers. There was also a 6.8% increase in flight operations, when compared to January 2017. Specifically, there were 935,155 travellers distributed over 7,785 flights, according to the latest figures from airport operator AENA. The bulk of passengers (929,163) counted in January moved on Continue Reading
Since the financial crisis, many properties were taken back by the banks as owners struggled to keep up with their repayments. Today, a lot of bank stock is on the market, many thousands of properties, at prices well below market-value as the financial institutions that caused the crisis with their irresponsible lending attempt to claw Continue Reading
Despite the winter weather, Spain still managed to attract over four million international tourists in December, 0.2% less than in the same month in 2016. As usual, the UK was the main emitting country, with over 800,000 Brits choosing Spain for their winter vacation. Brits made up 20.4% of the total, 7.6% less when compared Continue Reading
