Here you will find news, views, events and information relating to real-estate in Spain.
The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading
Marbella had a record June in terms of the number of tourists visiting the area. Numbers increased by 30.5% when compared to June last year. The mayor of Marbella, José Bernal, described the figures, which were released by the National Institute of Statistics (INE), as “historical and an example that the policies of the local Continue Reading
According to the bi-annual rental price report prepared by piso.com, the average rental property in Spain has an average surface area of 112 m² with an average monthly rate of 705 euros. This figure represents a monthly increase of 0.57%, a quarterly increase of 4.44%, a semi-annual increase of 6.02% and year-on-year growth of 12.08%. Continue Reading
Total spending by international tourists visiting Spain in May reached a staggering 7,841 million euros. The figure represents an increase of 13.3% over the same month of 2016, according to data released by the INE. Spain received almost 8 million tourists in May. The average expenditure per tourist was 987 euros, an annual increase of Continue Reading
Transparency International, the global anti-corruption coalition, have increased the rating for Marbella City Council from 58 to 93 percent in the Transparency Index. The report, published every two years, says Marbella is “an example of positive change, good practice and attitude”. The Mayor expressed his satisfaction with the towns progress towards transparency of all local Continue Reading
Total spending by international tourists visiting Spain in April reached 6.7 billion Euros, an increase of 19.7% when compared to the same month of 2016. It is worth noting that Semana Santa (Easter) fell in April of this year whereas in 2016 it was in March. The average expenditure per tourist was 955 euros, an Continue Reading
The total number of property transfers registered in March 2017 was just short of 170,000. This represents a 17.7% increase when compared to March 2016. When comparing to the previous month (Feb 2017), the increase is 13.4%. The purchase and sale of residential properties increased by 26.9% when compared to March last year. The monthly Continue Reading
February saw a total of 38,176 property sales/purchases, representing a year-on-year increase of 9.9%. By type of housing, the sale of flats showed an annual increase of 12.9%. The increase was lead mainly by the increase in sales of resale properties (+14.5%). In contrast, the number of new properties sold decreased by 1.7%, year-on-year. Single Continue Reading
Malaga-Costa del Sol Airport recorded 15.1% more passengers in February, and 16.4% more flight operations than in the same month of 2016, according to airport network AENA. February saw 914,921 passengers travel on 7,364 flights, exceeding last February despite there being only 28 days in the month this year. The bulk of passengers travelled on Continue Reading
Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading
