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Tag Archives: for sale

Price of Housing Down in August

Second-hand housing prices fell slightly in August

According to the latest monthly sales price report from pisos.com, the average price of second-hand housing in Spain was 1,528 euros per square metre in August 2017. This figure represents an increase of 0.2% compared to the previous month. On a year-on-year basis the variation is -1.99%. The price of housing has recently been fluctuating Continue Reading

Top 10 – Spain’s Most Expensive Streets

Cinema rooms are common in La Zagaleta

The urbanisation La Zagaleta, located in Benahavís, Malaga, holds the record for being the most expensive residential area in the whole of Spain. Homes in this exclusive development exceed 5.6 million euros on average. Despite being private homes, not hotels, most properties in La Zagaleta have more than 8,000m² plots, elevators, a cinema room and/or Continue Reading

Average Price of Used Property Up in July

Used property prices increased in July

The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading

Only 30% of Homes Have Air-Conditioning

Summer temperatures can be brutal!

Despite being one of the hottest summers, Spain’s housing stock shows that not everybody has the benefit of air-conditioning. In fact, only 30.1% of homes currently for sale or rent in Spain are equipped with any form of cooling, according to a study by idealista. For the study, the property portal analysed 900,000 homes currently Continue Reading

Housing Sales Up in First Quarter

Average house prices rose 4.6% in Q1

There was an increase in housing sales in most of Spain’s autonomous communities in the first quarter of 2017. This is according to the latest figures released by the National Council of Notaries. In the first quarter, the sale of housing saw average national growth of 19.2% year-on-year. All the autonomous communities saw growth except Continue Reading

Record Sales to Foreigners in 2017

Foreigners bought 13.2% of property sold in 2016

In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading

Spanish Property Sales Increased in May

New mortgages fell 1.4% in May

The number of property sales in Spain stood at 47,145 transactions in May, according to data released by the General Council of Notaries. This represents a year-on-year increase of 17.5% when compared to May in the previous year. By type of housing, the sale of used property showed an annual increase of 20.4% while sales Continue Reading

Average Property Prices Up in Second Quarter

Q2 saw average prices increase by 2.7% nationally

The recovery of the Spanish housing market continues to progress but at different speeds according to where you are. Varying changes to average property prices are being seen across the country. The national average price of finished housing (new and used) increased by 2.7% year-on-year in the second quarter of the year. The average cost Continue Reading

Rental Costs Increased in May

Renting costs 10.5% more than last year

Average rental costs in Spain increased by 1.3% in May, when compared to the previous month. The average price now stands at 8.14€ /m² per month, according to the latest data from fotocasa. This is only the second month since 2011 to see an average price over 8€ /m² per month. As with April, we Continue Reading

Purchase and Sale of Housing Fell in April

House purchases fell by 2% in April

The total amount of housing purchase and sale transactions in April 2017 was 40,005, representing a year-on-year decline of 2%. Transactions involving resale property increased by 1.2%, while the sale of new property fell by 10.7%, year-on-year. The sale of single-family properties showed an annual variation of -3.8%, while sales of flats fell by 1.5%. Continue Reading