The price of rental housing in Spain increased by 5.8% during the second quarter of 2016, reaching a price per square metre of 7.8€ per month. On the annual rate, the increase stands at 8.5%, according to the latest data released by property portal Idealista. Fernando Encinar, head of research for Idealista, says “… the Continue Reading
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Tag Archives: prices
Resale Property Prices Fell Slightly in June
The price of resale (used) property in Spain fell by 0.4% in June, when compared to May, to reach an average cost per square metre of 1,531 euros. On the annual rate the decline is 3.1%, according to data released by property portal Idealista. Autonomous Communities June saw price increases in seven of the country’s Continue Reading
Average House Prices Increased 0.8% in Q2
The average price of housing in Spain increased by 0.8% in the second quarter of 2016, when compared to the same period in the previous year. The figure represents the third consecutive quarter of growth despite being below the 1.4% increase recorded in the first quarter of the year. The cumulative average price fall since Continue Reading
Property Prices Fell 1.4% in Second Quarter
As we enter the third quarter of 2016 (already?) Spanish property prices appear to have stabilised and actually show a slight decline. Compared to the previous quarter, prices fell by 1.4% in Q2 leaving a square metre of resale property at a cost of 1,531 euros. On a year-on-year basis the decline is slightly larger Continue Reading
70% of Spaniards Prefer Ownership to Rental
A new report, released by property portal fotocasa, titled “The Spanish and Their Relation to Housing, 2015” shares interesting insight about the thoughts and knowledge of Spaniards in relation to the housing market in Spain. The report was prepared in order to analyse how the economic conditions of recent years have affected the attitude of Continue Reading
Cost of Urban Land Increased 5.3% in Q1
The average price of urban land showed an annual increase of 5.3% in the first quarter of 2016, to stand at 157.7 euros per m², according to data released by the Ministry of Public Works. When compared to the previous quarter, the increase is 3.9%. When looking at the cost in municipalities of over 50,000 Continue Reading
Coastal Areas See Increased Rental Costs
How many people working in real-estate have heard the question “How far is it from the beach?”. It would appear that proximity to the playa is an important part of the decision when choosing a rental property and the consequence of this demand is that provinces that sit on the coast are recording the largest Continue Reading
Madrid, Andalusia and Catalonia Need More Property
Madrid, Andalusia and Catalonia are the autonomous communities of Spain with the highest demand for new property, according to a new report from the IESE. The report suggests that Spain needs to build an average of 100,000 homes per year until 2020 to meet the increased demand for property. From 2020 to 2025 the demand Continue Reading
BBVA Report Indicates Housing Recovery Continues
According to the latest Real Estate Flash Report from BBVA, despite a slow-down in house sales in March, the results from the first quarter of the year remain positive. Year-on-year, the first quarter closed with a 2.4% increase in property prices, a factor which the BBVA highlight as a confirmation of the recovery of the Continue Reading
