Here you will find news, views, events and information relating to real-estate in Spain.
Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading
Málaga-Costa del Sol Airport closed the first quarter of 2017 with an increase in both passenger numbers and flight operations. When compared to the same period in 2016 there was an increase of 13.7% in passenger numbers, while the airport handled 12.9% more flights. Between January and March 2017, the airport handled 2,982,158 travellers and Continue Reading
The average price of urban land increased by 13% year-on-year in the fourth quarter of 2016, to close the year at an average of 171.7 euros per square metre. The highest average price was recorded in Madrid where a square metre of urban land will set you back 470.1 euros/m². Barcelona and the Balearic Islands Continue Reading
Malaga-Costa del Sol Airport closed October with another month of growth, with over 1.5 million international passengers. A total of 1,711,802 passengers passed through Malaga Airport, with 1,520,033 being on international flights, an annual increase of 20.9%. This is according to data released by airport network AENA. Passengers were carried on over twelve thousand flights, Continue Reading
Buying a property in Spain and putting it out to rent seems to increase in profitability year on year. This is according to analysis by property portal fotocasa. Their data shows that the annual profitability that can be obtained from renting out a property is currently 5.3%. In 2015 it was 5.2%, in 2014 it Continue Reading
Spain saw a 10.2% increase in tourist numbers in September with 7.9 million international visitors, according to figures from the INE. The UK was the country of origin for the majority sending 2 million tourists to our fine shores. This represents 25.4% of the total and an increase of 12.8% when compared to September 2015. Continue Reading
There were over 20,000 new mortgages taken out on property in Spain during August. This represents a 6.4% increase over the same month in 2015. When comparing to July the variation is +10.2%. This is the first time in five years that August has shown an increase over July. The average amount borrowed was 110,121 Continue Reading
The number of overnight stays in Spain increased by 3.8% in August, when compared to the same month of 2015, to reach 46.4 million overnight stays. Overnight stays by Spanish residents fell by 0.3%, while overnight stays by foreign residents increased by 6.3%, according to the latest data from the National Statistics Institute. For the Continue Reading
With an average hotel occupancy of 80%, July has closed having exceeded tourism expectations, yet again. This month is now expected to be the best August seen in recent history. There are more tourists making longer stays and spending more money. Tourism professionals and hoteliers are all saying their August calendars are already filling up. Continue Reading
Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading
