Here you will find news, views, events and information relating to real-estate in Spain.
Somehow, we are already into the second quarter of 2017 and resale property prices in Spain marked the end of Q1 with a decline of 2.2%. This leaves the average price of a square metre of property at 1,513 Euros. The annual variation is -2.5%, according to the latest data from idealista. Fernando Encinar, head Continue Reading
Marbella’s new luxury hotel has taken a step closer. The mayor, José Bernal, and Minister for Tourism, Javier Porcuna, attended the signing of the agreement between Platinum Estates and the hotel group Marriott International Inc. for the development of W Hotels Marbella. Platinum Estates already own several successful hotels around the world which are managed Continue Reading
Malaga-Costa del Sol Airport recorded 15.1% more passengers in February, and 16.4% more flight operations than in the same month of 2016, according to airport network AENA. February saw 914,921 passengers travel on 7,364 flights, exceeding last February despite there being only 28 days in the month this year. The bulk of passengers travelled on Continue Reading
Resale property prices in Spain registered a slight fall in February. The average price stands at 1,497 euros per square metre, a fall of 0.7% when compared to January. When compared to February 2016, the interannual variation is -5.4%, according to data released by idealista. Autonomous Communities February saw the price of resale property increase Continue Reading
The purchase of housing in Spain by foreigners continues to gain weight, according to data from property registrars. However, the results of the Brexit referendum appear to have reduced the number of sales to British buyers. In 2016, foreigners acquired more than 53,000 homes, representing the highest figure in the historical series (starting in 2006), Continue Reading
Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading
After a good year in 2016, this year has started slowly for the real-estate market with the price of used housing registering a slight decline in January. The price of a square metre fell by 2.6%, to stand at 1,508 euros, according to figures released by idealista. Compared to January 2016, the annual decline is Continue Reading
Málaga-Costa del Sol Airport exceeded 16 million passengers in 2016, thanks to growth in both the foreign and domestic markets. The total number of passengers to pass through the airport was 16,672,776, according to data from AENA. This represents an increase of 15.7% when compared to the previous year. The bulk of those passengers (16,621,669) Continue Reading
Return on investment for property bought to rent increased in 2016 across all property types. The average profitability offered by investment in rental housing has increased to 6.3%, from 5.5% in the previous year, due to the higher growth rate of rental prices compared to sales prices. According to a study by idealista, which looks Continue Reading
During 2016 resale house prices normalised, even recording a slight annual decline. Prices fell by 0.7% during the year to stand at an average of 1,533 euros p/m², despite a slight increase during the last quarter. Fernando Encinar, head of idealista research, said “2016 has been a turning point after the real-estate bubble burst in Continue Reading
