Here you will find news, views, events and information relating to real-estate in Spain.
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
International tourists visiting Spain in November spent a staggering 4,638 million euros while there were here. This represents an increase of 10.3% when compared to tourist spending in the same month in the previous year. The average expenditure per tourist was 1,054 euros, an annual increase of 2.7%. Tourists also spent slightly more on a Continue Reading
The price of used housing in Spain registered a small year-on-year increase in 2017. Prices rose 2.4% in the last 12 months to reach an average of 1,586 euros/m². Fernando Encinar, head of idealista studies, said “If 2016 was a turning point in the evolution of the market, in 2017 we would have to talk Continue Reading
As rental costs increase many people are finding it difficult to find a home to rent in much of Spain. Down here on the Costa del Sol, Marbella is also suffering from low levels of long-term rental stock. It is certainly more difficult for those on a lower budget. There are new properties being built 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
So far this year, Málaga Airport has handled more than 17 million passengers, a new record! Additionally, the figure is almost one million more than in the same period of 2016, when the total reached 16,672,776 travellers. The total this year is 17,629,630 travellers spread over a massive 128,796 flight operations. These figures represent increases of Continue Reading
THANK YOU! Marbella For Sale have had a great 2017 thanks to the efforst of our great team and of course, our clients without whom we would not be here! We thank all who passed by us this year. To all who trusted us to help them buy or sell a property on the Costa Continue Reading
New property has typically been sparse as available plots of land become scarce and although new construction has returned to many areas, Spain is still suffering from a lack of “new” stock. According to a survey carried out by idealista, 3 out of 4 buyers have ruled out searching for new homes as the prices Continue Reading
Following on from the best third quarter since 2008 (in terms of property sales), in October, there were 143,249 property transfers in the property registers. This represents 12.3% more than in the same month in 2016, according to the latest data from the INE. When looking at only property sales/purchases there were 74,286 in October, Continue Reading
According to a report “Experience of Purchase/Sale of Housing in Spain in 2017” carried out by fotocasa, the average budget set by a home buyer was 173,000€. The budget varies by autonomous community: in Madrid the average is 212,000€. In Catalonia it is 206,000€. The average budget in the Basque Country is 191,000€. In Valencia Continue Reading
