Here you will find news, views, events and information relating to real-estate in Spain.
Data provided by the College of Property Registrars on the home sales and of new mortgages registered during the month of February confirms the downward trend and the impact on the market of the coronavirus pandemic. After the bad start seen in January, with the biggest drop seen in mortgages (-30.4%) and the return to Continue Reading
The average price of rental housing in Spain fell by 1.7% year-on-year in February, the first fall following almost six years of increases. When compared to January, the fall in the cost of rental housing was -0.9%. This brings the average cost per square metre per month to €10.48, according to data from fotocasa. The Continue Reading
The number of property transfers registered in the property registers (from public deeds) in December 2020 was 150,891, which is 9.1% more than in the same month of 2019. In the case of registered property sales, the number of transfers is 76,516, with an annual increase of 7.2%. 84.3% of the sales registered in December Continue Reading
In Spain, the monthly variation in the price of second-hand housing decreased by -0.1% in January. The year-on-year variation increased by 1.8%, bringing the average price to 1,874 euros/m², according to data from the Fotocasa. This last value is the third year-on-year rise in house prices after 11 months of year-on-year falls (from December 2019 Continue Reading
The regular increase in the price of rental housing in Spain appears to be slowing with the smallest increase in six years seen at the end of 2020. The close of the year saw rental prices increase by only 4.6% to put the average cost per square metre at 10.65 euros per month. This increase Continue Reading
According to figures from the National Institute of Statistics, there were 83,221 property sales in November, an annual increase of 4.2%. 84.6% of those property sales were urban properties, with the remaining 15.4% classed as rustic. In the case of the urban properties, 56.3% were for the sale of homes. The number of sales of Continue Reading
November 2020 saw 48,251 home sales in Spain, representing a year-on-year fall of 0.9%. Considering the months of lockdown, this fall is nothing like as bad as was expected. By type of property, the sale of apartments/flats showed a year-on-year fall of 7.6%, according to a report from the Notaries. This reduction in apartment sales Continue Reading
In Spain, there was 156,875 property transfers registered in the property registers in October. This is 8.2% less than in the same month of 2019, according to figures released by the INE. Of those transfers, 77,536 related to property sales/purchases, an annual decrease of 11.6%. Of those sales, 84.2% were in regard to urban properties, Continue Reading
Used house prices in Spain increased by 1% when compared to the previous month to reach an average price of 1,877 euros p/m². The annual variation of +0.7% is the first monthly interannual increase following 11 months of year-on-year drops (since December 2019). “The market for housing for sale has been very dynamic and agile Continue Reading
The sale of housing to foreign buyers suffered greatly during the early stages of lockdown resulting in a negative variation in the first half of 2020. Notaries recorded 37.4% fewer transactions than in the same half of the previous year. For the first six months of 2020, home purchases made by foreign buyers accounted for Continue Reading
