Here you will find news, views, events and information relating to real-estate in Spain.
The economic recovery that, according to multiple indicators, is being seen in Marbella is noticeable in the increase of hotel projects in the area. Marbella closed 2017 with a net increase of 924 new companies. In January, more than 28,000 tourists visited the town, an increase of 18.5% over the same month in the previous Continue Reading
There were 39,945 housing sales in February, representing an annual increase of 2.7%, according to the latest report from the Council of Notaries. By type of property, the sale of apartments increased by 6.2%, while sales of single-family homes showed a notable fall of 11.6%, year-on-year. The increase in sales of apartments was due to Continue Reading
The price of used housing in Spain increased by 2.2% in the first quarter of the year. This brings the average price of a square metre to 1,621 euros, according to the latest idealista price index. When compared to the same period in 2017, the variation is +7.1%. Head of idealista studies, Fernando Encinar, says Continue Reading
The number of urban land sales in Spain, the total area and the total value of sales increased in the last quarter of 2017. However, the average price of a square metre of urban land decreased in the fourth quarter of 2017 to stand at 153 euros. This represents a fall of 10.9% year-on-year. When Continue Reading
Málaga Airport handled 5.4% more passengers in February and 4.2% more flights than in the same month last year. Almost a million passengers (963,939) passed through on 7,671 flights, according to airport network AENA. The bulk of the passengers moved on commercial flights. Of these, 785,467 travelled on international flights, representing growth of 2.8%, when Continue Reading
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
The Spanish Government has approved the new Housing Plan 2018-2021, which includes aid for tenants and buyers. The effects will be retroactive from January 1st. According to the Minister of Public Works, Íñigo de la Serna, “it is a plan that tries to satisfy real needs and that is especially focused on young people, the Continue Reading
Residential property sales in 2017 showed the best result since 2008 with a total of 532,367 purchases throughout the year. This represents a 16.3% increase when compared to the previous year. Compared to the peak in 2006 (when sales reached 955,186 houses), we are still 44% below the maximum. However, compared to the 2013 minimums Continue Reading
Seven out of 10 buyers who purchased a home in Spain in 2017 required bank financing and/or family assistance. In six out of 10 cases, only bank financing was required to complete a purchase. In one out of 10 cases, buyers also required family assistance on top of bank finance to buy their home. These Continue Reading
The cost of renting housing in Spain increased by 3.5% in January to stand at €8.44 p/m² per month. This is the largest monthly increase since March 2007 when the monthly variation was 6.3%. On a monthly basis, the cost of renting increased in 15 communities and decreased in two. The highest increase was recorded Continue Reading
