Rental costs experienced a rebound in Spain in 2016 and ended the year with a 15.9% increase. This leaves a square metre of rental property with an average price per month of 8.2 euros. Fernando Encinar, head of idealista studies, says that “This huge increase in demand is still not accompanied by a similar increase Continue Reading
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Tag Archives: prices
Resale House Prices Fell Slightly During 2016
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
House Price Index Up 4% in Q3
The House Price Index for the third quarter of 2016, published this week by the National Institute of Statistics (INE), shows an annual increase of 4%. This highlights the “dynamism of the real estate market in much of the country”, according to Beatriz Toribio, head of research at fotocasa. This represents the tenth consecutive quarter Continue Reading
Property Prices Fell Slightly in November
The price of used housing in Spain registered a decline of 1.1% during November. The average price per square metre now stands at 1,497€, according to the latest figures from idealista. If we look at the data in November 2015 (1,564 euros p/m²), the year-on-year fall is 4.3%. Autonomous Communities The price of resale housing Continue Reading
Spanish Property Owners Not Worried About Brexit
Despite the concerns of the British regarding the Brexit, only three in 10 Spanish property owners believe that the UK’s departure from the EU will affect the Spanish real estate market. However, when you ask those who own properties in areas that are more popular with Britons (Catalonia, Valencia, Murcia, Andalusia, the Balearic and Canary Continue Reading
Spanish Housing Market Unchanged in October
The Spanish housing market (new and used property) remained stable in October. The IMIE House Price Index, from Tinsa, was unchanged since October 2015 standing at 1,379 points. Over the first ten months of the year the average price in Spain has increased only 2.2% Of the groups Tinsa evaluates only “Capitals and Major Cities” Continue Reading
Property Prices Fell in October
Resale property prices in Spain fell by 1.3% in October to stand at an average of 1,513 euros p/m². When compared to October 2015 the variation is higher at -4.2%, according to the latest price index from idealista. Autonomous Communities The average price of used housing increased in only 2 of the 17 autonomous communities. Continue Reading
Average Rental Costs Fell in Q3
The average price of rental housing in Spain fell by 2% in the third quarter. This places the average price per square metre at 7.26€ p/month according to the latest data from fotocasa. These figures from fotocasa are similar to those provided by idealista earlier this month. This quarterly fall is the sharpest decline since Continue Reading
Spanish Pay Most For Rent
The OECD (the Organisation for Economic Co-operation and Development) says Spanish families who rent their home spend a larger proportion of their income to pay the rent than any other country. According to the institution, 36% of Spanish families who rent have to spend two euros in five (40%) of their total household income to Continue Reading
Rental Property Prices Fell in Q3
The price of rental property in Spain has fallen by 3% during the third quarter, when compared to the previous quarter. When compared to the same period in 2015 the price has increased by 10.7%, according to data from idealista. Fernando Encinar from idealista Research said that the latest data highlights the direction taken by Continue Reading
