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Tag Archives: Marbella

Average Rent Increased 6% Since January

Prices are up 12.08% since last year

According to the bi-annual rental price report prepared by piso.com, the average rental property in Spain has an average surface area of 112 m² with an average monthly rate of 705 euros. This figure represents a monthly increase of 0.57%, a quarterly increase of 4.44%, a semi-annual increase of 6.02% and year-on-year growth of 12.08%. Continue Reading

Tourist Spending Increased in May

Tourist spending increased 13.3% in May

Total spending by international tourists visiting Spain in May reached a staggering 7,841 million euros. The figure represents an increase of 13.3% over the same month of 2016, according to data released by the INE. Spain received almost 8 million tourists in May. The average expenditure per tourist was 987 euros, an annual increase of Continue Reading

Transparency International Hails Marbella

Marbella is "an example of positive change"

Transparency International, the global anti-corruption coalition, have increased the rating for Marbella City Council from 58 to 93 percent in the Transparency Index. The report, published every two years, says Marbella is “an example of positive change, good practice and attitude”. The Mayor expressed his satisfaction with the towns progress towards transparency of all local Continue Reading

Rental Costs Increased in May

Renting costs 10.5% more than last year

Average rental costs in Spain increased by 1.3% in May, when compared to the previous month. The average price now stands at 8.14€ /m² per month, according to the latest data from fotocasa. This is only the second month since 2011 to see an average price over 8€ /m² per month. As with April, we Continue Reading

Coastal Property Prices Surge

Spain has thousands of miles of beautiful coast

Coastal property is seeing a surge in prices of both property for rent and for sale. According to data released by pisos.com, rental costs increased by 13.57%, while property for sale increased by 19.84%, when compared to 2016. Although there are certain enclaves showing a greater recovery than others, generally all coastal areas are showing Continue Reading

Marbella Property Market Looking Strong

Frontline Golden Mile is seeing huge demand

Since the recovery of the Marbella property market began to show in 2013 the preference has been for new homes with the latest designs, facilities and features. The market for resale property also recovered but lagged behind the demand for new property. The demand for older properties with “potential” in prime locations is also recovering Continue Reading

Second-Hand Housing Prices Up in May

Second-hand property showed an annual increase of 3.7%

The average price of second-hand housing in Spain stood at 1,680€ p/m² at the end of May, a monthly increase of 0.3%, according to data released by property portal fotocasa. The increase shows once again that the price of second-hand housing has stabilised and we are leaving behind the dramatic price drops seen in recent Continue Reading

Puerto Banus Tonight? Eat, Drink, Dance

The splendor of Puerto Banus

Summer is on the way and with it, the tourists. But where will they all go? What is there to do here? Well, the choice is mind-blowing! I couldn’t possibly tell you about every club, restaurant, boat trip, concert etc. There is simply too much to do here on the Costa del Sol. I will Continue Reading

Tourist Spending Increased 19.7% in April

Brits accounted for 18.4% of the total

Total spending by international tourists visiting Spain in April reached 6.7 billion Euros, an increase of 19.7% when compared to the same month of 2016. It is worth noting that Semana Santa (Easter) fell in April of this year whereas in 2016 it was in March. The average expenditure per tourist was 955 euros, an Continue Reading

Cost of Renting Increased in April

Cost or renting increased in April

The average cost of renting a home in Spain increased by 1.4% in April, to stand at 8.04€ p/m² p/month, according to the latest data from fotocasa. This is the first time since 2011 that the average cost has exceeded 8€. Even more significant is the annual variation. Compared to April 2016 the price has Continue Reading