Here you will find news, views, events and information relating to real-estate in Spain.
In July, there was 144,522 property transfers registered in the property registers, 21.5% less than in the same month of 2019. However, compared to June 2020, the number of transfers increased by 28.6% showing that the lifting of some of the Covid restrictions is bringing life back to the property market. The total number of Continue Reading
The cumulative price of second-hand homes in Spain has increased by 15% over the last five years (since June 2015), according to data from property portal Fotocasa. “The price of second-hand housing at the end of 2019 suffered the first decrease in year-on-year prices following almost four years of uninterrupted increases. Since then, prices have Continue Reading
The price of second-hand housing in Spain fell by -0.7% year-on-year in July. This places the average cost per square metre at 1,888 euros. The national average is a massive 38% lower than the average in Madrid! Thirteen autonomous communities presented positive monthly data in July. The community with the highest increase in second-hand house Continue Reading
Despite the state of alarm and the lockdown measures in Spain, the price of a second-hand home increased by 1.3% in May, when compared to April. The year-on-year variation is -1.1%. The change puts the average price per square metre at 1,878 euros, according to figures from the fotocasa real estate index. Prices by Autonomous Continue Reading
Over three weeks of being confined to your home can make you wonder if it really is your home. According to a study carried out by Idealista, since the state of alarm was declared in Spain, the number of property buyers searching for a home within the provincial capitals has dropped from 44.1% to 38.8%. Continue Reading
January saw a 6.1% increase in the number of new home mortgages. The average amount, however, fell by 5% to 114,691 euros, according to data released by the INE. On all property types, the average amount also fell, with an average of 129,387 euros, 12.2% lower than the same month in 2019. The total amount Continue Reading
With new developments seeing a resurgence since dropping following the crisis, it is no wonder that in 2019, 37% of buyers chose a new property. This is significantly higher than the previous two years. In 2018 new property was the choice for 29% of buyers, and only 20% in 2017. Buyers are of course still Continue Reading
In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading
Second hand housing in Spain saw a small price drop in January with prices shrinking by 0.3%, when compared to December. The annual variation was -1.9%, bringing the average price per square metre to 1,841 euros, according to the fotocasa real estate index. The national average is a massive 40% lower than the average in Continue Reading
