Cost of Renting in Spain Fell in Q3

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Cost of Renting in Spain Fell in Q3

The price of rental property in Spain showed a decrease at the end of the third quarter, registering a -5.3% change. When compared to the same period of the previous year, prices increased by 7.4%. These changes bring the average cost of renting a home in Spain to 11.98 euros per square metre, per month. Continue Reading

Sales and Prices Continue to Rise in 2024

The number of homes sales in Spain increased by 19.4% in July, when compared to the same month in 2023. The total number of transferred properties in the property registers was 12.2% more than the previous year, at 191,192. Of these, 108,003 were sales, according to figures from the INE. 87.8% of the registered property Continue Reading

Rental Costs Fell Slightly in July

In Spain, the cost of renting a home fell by 0.5% in July, bringing the average cost per square metre, per month, to €12.59. When compared to the same month in the previous year, the variation is +8.6%. This annual increase is the second highest recorded in the last 12 months. Spain has gone from Continue Reading

Used Property Prices Up 8.5% on Last Year

The price of second-hand housing in Spain fell by -0.7% in August. Compared to the same month in 2023, the price increased by 8.5%. This brings the average cost per square metre to 2,327 euros. This last year-on-year value (8.5%) is the second highest increase in the last 12 months. Spain has gone from a Continue Reading

How to Finance Your Property Purchase in Marbella

Marbella, with its stunning coastline, luxurious lifestyle, and warm climate, has long been a magnet for property buyers from around the globe. Whether you’re looking for a holiday home, a retirement paradise, or an investment opportunity, understanding how to finance your property purchase in Marbella is crucial. Here’s a comprehensive guide to help you navigate Continue Reading

Rental Costs Continue to Rise Across Spain

In the first six months of 2024, Spain has seen continuous growth in the costs of rental housing. The second quarter closed with an increase of 2.3%, and a year-on-year increase of 9%. This brings the average price per square metre, per month, to 12.65 euros. “Rental prices continue to rise sharply and at a Continue Reading

Home Sales Increased Significantly in April

In April 2024, the total number of transferred properties registered in the property registries reached 191,286, which was 20.8% more than in the same month of 2023. In the case of purchases and sales of registered properties, the number of transfers was 103,950, representing an annual increase of 21.1%. 86.7% of the sales registered in Continue Reading

House Prices Continued to Rise in May

The price of second-hand housing in Spain increased by 1.1% in May, when compared to April, while the annual increase was 7.7%. This brings the average cost per square metre to €2,294 p/m². Although prices continue to rise significantly, the annual increase is 2.5% points lower than the annual increase of 10.2% seen in May. Continue Reading

Sale and Rental Prices Increase in April

Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading