The latest data from the INE shows that property sales in Spain fell by 8.1% in April, when compared to the previous year. 86.5% of those property sales correspond to urban properties, of which, 57.9% were sales of homes. The sales of all urban properties fell 8.2% while sales of rustic property also fell, dropping Continue Reading
Home Sales Slow While Prices Increase
Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: Marbella
Rental Prices in Spain Increase in April
The price of rental housing in Spain increased by 1.2% in April, when compared to the previous month. When compared to the same month in 2022, the increase was 7.3%. The average cost per square meter, per month, now stands at €11.69. “Although increases are no longer in double digits, the price of rental housing Continue Reading
Buying a New Property or a Resale Property
Planning to buy a property on the Costa del Sol? Choosing between a resale property and a new one is a crucial decision. Below, we’ll explore the pros and cons of each option to help you make an informed choice that suits your preferences and needs. Resale Properties Pros: Established Locations: Resale properties on the Continue Reading
Rental Prices Breaking Records
In Spain, the price of rental housing in April once again broke historical records, standing at €11.55/m² per month. This situation, which has been repeating itself since May 2022, has led the price not only to break records, but also to exceed the price recorded during the 2007 real estate bubble, by 14.1%, according to Continue Reading
Costa del Sol Real Estate in 2023
As we move further into 2023, the real estate market in the Costa del Sol region of Andalucia, Spain, continues to experience steady growth. With a booming tourism industry and a desirable lifestyle, it’s no surprise that the demand for property in this region remains high. One of the main factors driving the growth of Continue Reading
Malaga Ranked as Top Getaway Destination
Malaga has been named as the best city for an urban getaway by Forbes magazine. This is a list that excludes capital cities. The magazine said “Visit for yourself and you’ll soon see why the world’s eyes are turning to this stunning corner of Andalucia.” The list included over 400 cities from 89 countries with Continue Reading
Average Rent Increased 5.11% in 2022
The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this Continue Reading
Second Hand House Prices up 5.6% in 2022
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
