Here you will find news, views, events and information relating to real-estate in Spain.
July has given with one hand and taken with the other, as far as the property market is concerned. According to the General College of Notaries, the number of property sales and the number of new mortgages increased, while the average price decreased. In July, over 52,000 home purchases were recorded (52,014). This represents a Continue Reading
Second hand property prices in Spain registered a slight increase in August, rising 0.4% to reach an average of 1,697 euros per square metre. Looking at the costs last August, the year-on-year increase is +9.2%, according to data from idealista. Property prices appear to have stablilised following years of significant increases. We are still seeing Continue Reading
The number of unsold new housing stood at 476,938 units, at the end of 2017. This figure is not far from those seen before the bubble burst. In 2007, unsold stock amounted to 413,642. In 2016, the stock fell by 3%, and from the highs of 2009 (649,780 units), the stock has fallen by 26.6%, Continue Reading
Second-hand housing for sale in Spain has an average age of 45 years, according to a study carried out by idealista. Rental properties currently on offer are slightly younger at an average of 44 years old. However, the differences in property ages in different provincial capitals are notable. This can be said of both sale Continue Reading
Malaga-Costa del Sol Airport has handled 2.1% more passengers and 2.8% more flights between January and July this year than it did in the same period last year. Specifically, in the first seven months of the year, the airport has seen over 10.8 million passengers distributed across more than 80,000 flights. The bulk of the Continue Reading
The average price of renting a house in Spain fell by 1% in July, to stand at an average cost per square metre of 8.37 euros per month. On a monthly basis, the variation showed a small increase in only Madrid (+1.4%) and Murcia (+0.9%), according to data from fotocasa. The current average price returns Continue Reading
The price of used property in Spain registered an increase of 1.6% in July, to stand at an average of 1,690 euros/m², according to the latest figures from idealista. If we look at the data from last year the interannual increase is 9.3%. Autonomous Communities Of all the communities, only Galicia saw a fall in Continue Reading
The price of luxury housing in Spain continues to go up. In particular, the Andalusian coast is one of the destinations that most seduce both international and local investors. This has led to luxury housing soaring in price, with the average luxury home in the coastal haven now above 2 million euros. The luxury sector Continue Reading
Over the last 12 months, 4% of Spaniards bought a home in Spain, and of these, 29% opted for a new build property, compared to 71% who bought a resale property. This is according to the report “Profile of a New Property Buyer 2017-2018”, published by fotocasa. The aim of the report was to gain Continue Reading
The price of rental housing in Spain increased by 2.4% during the second quarter of 2018. This brings the average price per square metre to 10.8 euros per month, according to the latest data from idealista. When comparing to the same period in 2017, the increase reaches 15.6%. “It is true that we are experiencing Continue Reading
