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Tag Archives: costa del sol

Average Home Buyer Budgets 173,000€

Buyers typically budget less than asking prices

According to a report “Experience of Purchase/Sale of Housing in Spain in 2017” carried out by fotocasa, the average budget set by a home buyer was 173,000€. The budget varies by autonomous community: in Madrid the average is 212,000€. In Catalonia it is 206,000€. The average budget in the Basque Country is 191,000€. In Valencia Continue Reading

Marbella For Sale Recognised for Professionalism

Marbella For Sale Recognised for Professionalism

After 10 years of serving our clients to the best of our abilities, it is nice to have our hard work recognised. Marbella For Sale were honoured to be nominated for, and win, an award from the Institute for Professional Excellence for “Recognition of Professional Work and Commitment to Excellence”. Our founder and managing director, Continue Reading

Costa del Sol and Malaga Tourism Breaking Records

Autumn on the coast is signified by a few clouds

During the month of October more than 30 million overnight stays were recorded in hotel establishments across Spain. This represents an increase of 1.1% when compared to the same month of 2016. Overnight stays of travellers’ resident in Spain decreased by 2.2%, while those of non-residents increased 2.6%. The average stay decreased by 0.9% compared Continue Reading

Passenger Numbers Up 7.1% in October

Almost 2 million passengers in October

Málaga Costa del Sol Airport closed October having handled a 7.1% increase in passenger numbers and 7.5% more flight operations than in the same month in 2016. The month saw 1,833,589 travellers and 13,007 flight operations, both impressive numbers for the month of October. This is according to the latest figures from airport network operator Continue Reading

Home Sales Increased 11% in September

18.3% of sales in September were for new property

The number of property transfers registered in the property registers in the month of September was 135,170. This is 1.8% more than in the same month in 2016, according to the latest data from the INE. Of those, the total number of property sales/purchases was a little over 74,000, an annual increase of 7.6%. 86.6% Continue Reading

Tourists Still Flooding to Spain in September

Close to 9 million tourists arrived in September

As one of the busiest summers ever drew to a close Spain was still attracting the tourists with over 8.8 million visitors arriving in September. This is an increase of 11.4%, when compared to the same month last year, according to the latest data from the INE. As usual, the UK was the main emitting Continue Reading

Property Prices Fell Slightly in October

Prices are up 3.2% compared to last year

Used property prices fell in Spain showing a decrease of 1.8% during October, to stand at an average of 1,562 euros per square metre. Only seven provinces saw prices increase with Madrid leading with a small increase of just under 1%. The national year-on-year variation was +3.2%, according to data from idealista. Autonomous Communities Second-hand Continue Reading

2017 Real Estate Investment Tops 8,950 million

Investment in residential property reached 1,180 million euros

The total volume of real estate investment in Spain (residential, office, retail, hotels) closed the third quarter of the year at around 8,947.4 million euros. This represents an increase of 40% over the same period in 2016. Additionally, this figure represents 94% of the total investment for the whole of 2016, which amounted to 9,564 Continue Reading

Costa del Sol Has Best Summer Ever!

Costa del Sol had its best summer in 2017

The Costa del Sol had its best summer ever this year with over 7 million visitors and 7,000 million euros of expenditure to beat both previous records. These results summarise the general trend of summer tourism which has been steadily increasing over recent years. Costa del Sol Tourism President Elías Bendodo, said the “professionalism and Continue Reading

Tourist Spending Increased in August

Tourists spend 10% more than last August

Total tourist spending in Spain by international visitors in August reached a staggering 11,342 million euros. This represents an increase of 10.3% when compared to the same month last year. The average spend per tourist also increased with visitors spending 1,088 euros each during their trip, up 6.1% from last year. The average daily spend Continue Reading