Here you will find news, views, events and information relating to real-estate in Spain.
The average price of second-hand housing in Spain in February was 1,574 euros per square metre. This represents a fall of -0.06% compared to January, when the price per unit area was 1,575 euros. When compared to February 2017 the variation was +2.21%. According to Ferran Font, director of studies at pisos.com, “recovery is a Continue Reading
The number of properties transferred in the national property registers in December was 125,263, 1.9% more than the previous December. Of those transfers, the total number of sales/purchases was 64,135, representing an annual increase of 4.1%. 85% of those properties were urban, while the remaining 15% were rural properties. In the case of urban properties, Continue Reading
Despite the winter weather, Spain still managed to attract over four million international tourists in December, 0.2% less than in the same month in 2016. As usual, the UK was the main emitting country, with over 800,000 Brits choosing Spain for their winter vacation. Brits made up 20.4% of the total, 7.6% less when compared Continue Reading
The average amount of new mortgages approved in November was 145,769 euros. This is 15.1% higher than in the same month in 2016. This is according to the latest data released by the INE. The number of new mortgages on homes was 24,882. This represents a 3.7% fall compared to the previous year. The average Continue Reading
There were 153,390 property transfers recorded in the property registers in November 2017. This represents a 4.9% increase when compared to the same month in 2016 , according to the latest figures from the National Institute of Statistics (INE). 85.4% of the purchases correspond to urban property, with the remaining 14.6% being for rural properties. Continue Reading
The number of new home mortgage approvals in October was just short of twenty-five thousand (24,706). This is 8.2% more than in the same month in 2016. The average amount of the new mortgages was 120,628 euros, an annual increase of 9.2%. The value of mortgages for urban property reached a massive 4,824.9 million euros. Continue Reading
Andalusia, Valencia and Catalonia accounted for more than half of housing foreclosures during the summer of 2017. The number of foreclosures on “personas fisicas” (property owned by an individual) continues to fall with the third quarter seeing only about 1,600 cases. This is almost half as many as were seen in the previous quarter. On Continue Reading
The number of property transfers registered in the property registers in the month of September was 135,170. This is 1.8% more than in the same month in 2016, according to the latest data from the INE. Of those, the total number of property sales/purchases was a little over 74,000, an annual increase of 7.6%. 86.6% Continue Reading
There were 142,976 property transfers (sales/purchases, inheritance, exchange, donation) registered in the property records in August. This is 5.9% more than in the same month last year. This is yet another increase and adds further confirmation that the Spanish property market is recovering well from years of slowdown following the 2007 crisis. In terms of Continue Reading
Total tourist spending in Spain by international visitors in August reached a staggering 11,342 million euros. This represents an increase of 10.3% when compared to the same month last year. The average spend per tourist also increased with visitors spending 1,088 euros each during their trip, up 6.1% from last year. The average daily spend Continue Reading
