Here you will find news, views, events and information relating to real-estate in Spain.
The cumulative price of second-hand homes in Spain has increased by 15% over the last five years (since June 2015), according to data from property portal Fotocasa. “The price of second-hand housing at the end of 2019 suffered the first decrease in year-on-year prices following almost four years of uninterrupted increases. Since then, prices have Continue Reading
As the country starts trying to get back to some sense or normality following lockdown, the property market recovered slightly. In June, there were 112,383 property transfers registered. Although this represents a 37.1% increase when compared to May, it is still 33% lower than in June 2019. When looking only at the sale of homes, Continue Reading
The price of rental housing in Spain experienced a quarterly decrease of -0.2% in June, the first drop in rental prices after six years of increases. However, the year-on-year price has risen by 9.1% to put the average cost per square metre per month at €10.82. “The price of rental housing in the second quarter Continue Reading
The price of housing in Spain didn’t go down as expected in the second quarter despite the corona virus lockdown. In fact, prices increased by 1.6% when compared to the previous quarter. Year-on-year the average price went down by 1.9%, but this was nothing like the change that some experts were predicting during the national Continue Reading
During the first quarter of 2020, the cost of renting a home in Spain has increased by 6.5%, a trend that is expected to continue despite the situation with corona virus. The increase is the largest recorded in a first quarter in over 14 years of data, according to the fotocasa real estate index. The Continue Reading
Over three weeks of being confined to your home can make you wonder if it really is your home. According to a study carried out by Idealista, since the state of alarm was declared in Spain, the number of property buyers searching for a home within the provincial capitals has dropped from 44.1% to 38.8%. Continue Reading
According to a quarterly report from pisos.com, the average price of second-hand housing in Spain in March was 1,690 euros per square metre. This represents a decrease of 1.25% when compared to December 2019. Year-on-year, the fall is slightly smaller at -0.61%. When comparing March to February, the contraction is -0.89%. “The trend towards a Continue Reading
January saw a 6.1% increase in the number of new home mortgages. The average amount, however, fell by 5% to 114,691 euros, according to data released by the INE. On all property types, the average amount also fell, with an average of 129,387 euros, 12.2% lower than the same month in 2019. The total amount Continue Reading
In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying Continue Reading
The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading
