Used Property Prices Up 8.5% on Last Year

Here you will find news, views, events and information relating to real-estate in Spain.

Tag Archives: Marbella

Used Property Prices Up 8.5% on Last Year

The price of second-hand housing in Spain fell by -0.7% in August. Compared to the same month in 2023, the price increased by 8.5%. This brings the average cost per square metre to 2,327 euros. This last year-on-year value (8.5%) is the second highest increase in the last 12 months. Spain has gone from a Continue Reading

Top Reasons to Invest in Marbella Real Estate

Marbella, a gem on Spain’s Costa del Sol, has long been a magnet for property investors and holidaymakers alike. Its allure stems from a combination of stunning landscapes, a vibrant lifestyle, and a promising investment climate. As of 2024, investing in Marbella real estate remains a highly attractive proposition. Here are the top reasons why: Continue Reading

How to Finance Your Property Purchase in Marbella

Marbella, with its stunning coastline, luxurious lifestyle, and warm climate, has long been a magnet for property buyers from around the globe. Whether you’re looking for a holiday home, a retirement paradise, or an investment opportunity, understanding how to finance your property purchase in Marbella is crucial. Here’s a comprehensive guide to help you navigate Continue Reading

House Prices Continued to Rise in May

The price of second-hand housing in Spain increased by 1.1% in May, when compared to April, while the annual increase was 7.7%. This brings the average cost per square metre to €2,294 p/m². Although prices continue to rise significantly, the annual increase is 2.5% points lower than the annual increase of 10.2% seen in May. Continue Reading

Sale and Rental Prices Increase in April

Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading

Increase in New Build Property Sales in January

The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading

Spanish Property 2023 Roundup

2023 was a game of two halves in terms of home sales in Spain. The first half of the year saw the cost of housing rise considerably. It even set a record year-on-year price increase in June at 10.8%, the largest increase over the last 17 years. This kind of increase was similar to the Continue Reading

Property Sales Slow Again in September

The total number of properties transferred in the property registers in Spain during the month of September was 153,247. This is 13.2% less than in the same month of 2022, according to data from the INE. In the case of property sales, the number was 82,778. This represents a decrease of 20.1% when compared to Continue Reading

Rental Costs Fall in Third Quarter

The cost of rental housing in Spain, closed third quarter with a year-on-year increase of 7.6%. However, compared to the previous quarter, the cost is down 4%. These changes bring the average monthly cost of rental housing at €11.15 p/m². “Although at a quarterly level the price fell slightly, it must be put into context Continue Reading