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Tag Archives: INE

Spain Topped 10 Million Visitors in August

Spain Topped 10 Million Visitors in August

Spain received 10.2 million international tourists in August, 1.9% less than in the same month of 2017. While they were here, August’s visitors spent 11,539 million euros, representing an increase of 1.8% over the same month last year. The UK was the main emitting country, with more than 2.2 million heading here for their summer Continue Reading

New Home Mortgages Increased in July

New Home Mortgages Increased in July

The total number of new mortgages approved in July was 137,766 euros. This represents a 0.6% fall when compared to the same month in 2017. Of those, 29,287 were mortgages for a home purchase, 14.6% more than July in the previous year. The total borrowed capital reached 5,407.3 million euros, 15.2% more than in the Continue Reading

Home Sales Increased in July

The total number of properties transferred in the property registers in Spain in July was 169,683. This represents an increase of 14.5% when compared to the same month in the previous year, according to the latest data released by the INE. 87.8% of the purchases in July relate to urban property, while the remaining 12.2% Continue Reading

8.5m Tourists Visited Spain in June

2.2 million Brits visited Spain in June

Despite the late start to the warm weather, Spain still managed to attract 8.5 million international tourists in June. This represents an increase of 1.2% when compared to the same month of 2017, according to data from the INE. The UK was once again the main country of residence for the visitors, with almost 2.2 Continue Reading

Mortgage Approvals Increased in May

3,647.8 million euros borrowd in May

There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading

Home Sales Increase 4.7% in May

Sales of new homes increased by 9.2%

The number of transferred properties written in the property registers (from public deeds) in the month of May is 183,748, which represents a 9.8% increase over the same month of 2017. Of the total transfers, 93,366 were property sales, representing an annual increase of 4.1%, according to the latest figures from the INE. Nicolas de Continue Reading

Eight Million Tourists Chose Spain in May

May saw a 1% annual increase in international visitors

Spain received 8.1 million international tourists in May, 1% more than in the same month of 2017, according to figures from the INE. The UK was the main country of residence for almost 2 million of those visitors, representing 24.6% of the total, but falling by 3.9%, when compared to May last year. Germany and Continue Reading

Property Sales Rebound in April

Home sales increased 58.3% in April

Following a slight dip in March, property transfers across Spain rebounded in April, registering a year-on-year increase of 20.8%, according to figures from the INE. The total number of properties transferred in the property registers in April reached 161,444. However, as Holy Week was in March this year and in April last year, it makes Continue Reading

Mortgage Approvals Fell in March

March 2018 mortgage loans avarage

The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading

Property Sales Strong Start to 2018

Best January figures for 10 years

The Spanish real estate market started 2018 with force with the best January property sales figures for 10 years. In January there were 176,911 property transfers in the registers, 13.2% more than in the previous January. When looking only at residential, there were 94,060 property sales, a 23.1% increase when compared to last January. 85.4% Continue Reading