Here you will find news, views, events and information relating to real-estate in Spain.
The cumulative price of second-hand homes in Spain has increased by 15% over the last five years (since June 2015), according to data from property portal Fotocasa. “The price of second-hand housing at the end of 2019 suffered the first decrease in year-on-year prices following almost four years of uninterrupted increases. Since then, prices have Continue Reading
The price of housing in Spain didn’t go down as expected in the second quarter despite the corona virus lockdown. In fact, prices increased by 1.6% when compared to the previous quarter. Year-on-year the average price went down by 1.9%, but this was nothing like the change that some experts were predicting during the national Continue Reading
Despite the state of alarm and the lockdown measures in Spain, the price of a second-hand home increased by 1.3% in May, when compared to April. The year-on-year variation is -1.1%. The change puts the average price per square metre at 1,878 euros, according to figures from the fotocasa real estate index. Prices by Autonomous Continue Reading
During the first quarter of 2020, the cost of renting a home in Spain has increased by 6.5%, a trend that is expected to continue despite the situation with corona virus. The increase is the largest recorded in a first quarter in over 14 years of data, according to the fotocasa real estate index. The Continue Reading
In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying Continue Reading
The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading
Renting a property finished 2019 5.1% more expensive than at the start of the year. The average price per square metre per month stood at €10.18 in December. This is the highest national average price since 2006, beating the previous high of €10.12 per square metre per month, which was seen in May 2007. Additionally, Continue Reading
Second hand housing in Spain saw a small price drop in January with prices shrinking by 0.3%, when compared to December. The annual variation was -1.9%, bringing the average price per square metre to 1,841 euros, according to the fotocasa real estate index. The national average is a massive 40% lower than the average in Continue Reading
In the third quarter of 2019 the sale of housing decreased across the country, falling 6.3% nationally, continuing the trend of the previous quarter. Only Murcia saw property sales increase with a 3.4% rise in sales, according to a report from the Notaries. Only Aragon and Catalonia managed to keep the fall below 2% (-0.2% Continue Reading
Sales of housing in November reached 47,182 transactions, according to notaries. This represents a year-on-year fall of 5.6%. The average price per square metre of homes sold in November was €1,406, representing a slight fall of 0.4%. Meanwhile, there was a 10.3% increase in new mortgage loans taken for the purchase of a home in Continue Reading
