Spanish Property Prices Breaking Records

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Spanish Property Prices Breaking Records

Property prices ended 2024 up by 8.4%

The price of second-hand housing in Spain closed 2024 with an annual increase of 8.4%, bringing the December price to €2,389 p/m². The annual increase in 2024 (8.4%) is the highest recorded in 19 years of analysis. “The price of housing for sale consolidates an upward trend marked by historical increases, reflecting a context of Continue Reading

November Saw 10% Increase in Property Prices

Sales of New Property jumped in October

In October, the number of properties transfers registered in the property registries reached 231,209. This was 37.7% more than in the same month of 2023, according to figures from the INE. In the case of registered property sales, the number of transfers was 130,575, showing annual growth of 47.9%. 87.7% of the registered property sales Continue Reading

Cost of Spanish Housing Up 9.5% in October

October saw the price of second-hand housing increase by 0.4% when compared to the previous month. On the annual basis, the average cost increased by 9.5%. These increases bring the average cost per sqaure metre to 2,363 euros. The annual increase of 9.5% is the highest seen in the last 12 months. “The residential market Continue Reading

How to Finance Your Property Purchase in Marbella

Marbella, with its stunning coastline, luxurious lifestyle, and warm climate, has long been a magnet for property buyers from around the globe. Whether you’re looking for a holiday home, a retirement paradise, or an investment opportunity, understanding how to finance your property purchase in Marbella is crucial. Here’s a comprehensive guide to help you navigate Continue Reading

Rental Costs Continue to Rise Across Spain

In the first six months of 2024, Spain has seen continuous growth in the costs of rental housing. The second quarter closed with an increase of 2.3%, and a year-on-year increase of 9%. This brings the average price per square metre, per month, to 12.65 euros. “Rental prices continue to rise sharply and at a Continue Reading

Sale and Rental Prices Increase in April

Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading

Rental Costs Reach Historical High in January

The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading

Used House Prices Increase in January

The price of second-hand housing increased 7.5% in January, when compared to the same month in the previous year. This brings the average cost per square metre to 2,215 euros. When compared to December 2023, the monthly increase was just 0.6%. “House prices begin 2024 with robust growth, leaving behind the trend of moderation and Continue Reading

Spanish Property 2023 Roundup

2023 was a game of two halves in terms of home sales in Spain. The first half of the year saw the cost of housing rise considerably. It even set a record year-on-year price increase in June at 10.8%, the largest increase over the last 17 years. This kind of increase was similar to the Continue Reading

Demand is Pushing Up Housing Prices

The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading