The total number of properties sold in May increased by 9.6% when compared to the same month in the previous year, to reach 150,827 transactions. When looking at only residential property the increase over the previous year is much higher at 23.6%, reaching 36,425 transactions, according to data released by the National Statistics Institute (INE). This Continue Reading
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Tag Archives: increase
7.1 Million Tourists Visited Spain in May
May was another great month for Spanish tourism with 7.1 million international tourists visiting, a 7.4% increase over the same month in 2015. As expected, the UK accounted for the most travellers with over 1.7 million Brits choosing Spain for their spring vacation. This represents 25.1% of the total and is an increase of 9.1% Continue Reading
Hoteliers See Continued Growth
Spain’s hotels accommodated 30.8 million overnight stays in May, a 9.9% increase over the same month in the previous year. Stays by travellers who are resident in Spain increased by 6.1%, while overnight stays by non-resident travellers increased by 11.6%. The average length of stay was 3.2 nights per traveller, an increase of 4.7% over Continue Reading
Cost of Urban Land Increased 5.3% in Q1
The average price of urban land showed an annual increase of 5.3% in the first quarter of 2016, to stand at 157.7 euros per m², according to data released by the Ministry of Public Works. When compared to the previous quarter, the increase is 3.9%. When looking at the cost in municipalities of over 50,000 Continue Reading
Coastal Areas See Increased Rental Costs
How many people working in real-estate have heard the question “How far is it from the beach?”. It would appear that proximity to the playa is an important part of the decision when choosing a rental property and the consequence of this demand is that provinces that sit on the coast are recording the largest Continue Reading
Property Sales Best Q1 Since 2010
According to data released by the Ministry of Public Works, there were 103,288 house sale transactions made before a notary in Spain in the first quarter of 2016. You would need to go back to 2010 to find the first quarter with as many sales. The figure represents an increase of 20.7% when compared to Continue Reading
Home Sales Increased 29% in April
April 2016 registered an increase in the number of house sales of 29%, when compared to the same month in the previous year, according to data released by the National Institute of Statistics (INE). In total, there were 153,060 property transfers in April, which represents a 15.4% increase in total property transfers over April 2015. Continue Reading
Real-Estate in Spain “is stabilising”
According to the latest House Price Index from Tinsa, the price of housing in Spain increased by 1.3% in May, when compared to the same month in the previous year. From January to May the increase is 1.5%, slightly below the 1.9% registered for January to April, further confirming a stabilisation in the real-estate market. Continue Reading
Cost of Rental Property Increased in April
The cost of renting a property in Spain increased in April by 0.8% to end the month on an average cost per square metre of €7.29, according to data released by property portal, fotocasa. The annual increase, when compared to April 2015, is actually 4.5%, one of the sharpest rises of recent months. Beatriz Toribio, Continue Reading
Spain Received 6.1 Million Tourists in April
Spain continues to attract record numbers of tourists as the country begins to see signs of summer. Spain received over 6 million tourists in April, representing an increase of 11.3% over the same month in 2015, according to the latest data released by the National Institute of Statistics. As usual, UK travellers accounted for the Continue Reading
