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Tag Archives: property

Rental Costs Up Slightly in April

Rental Costs Up Slightly in April

The price of rental housing in Spain registered a slight increase of 0.8% in April. This puts the average cost per square metre at €8.54 p/month. This figure returns us to similar levels seen in December 2009, when the average price was 8.55 euros p/month. Looking at the year-on-year variation, we see an even smaller Continue Reading

Home Sales Slowed in March

Home Sales Slowed in March

Property sales in Spain stood at 50,659 transactions in March, a year-on-year fall of 2.9%, according to data from the General Council of Notaries. By type of property, the sale of flats showed a strong year-on-year drop of 5.4%. The fall can be attributed to a drop in sales of both new apartments (-9.3%) and Continue Reading

Average Used Property Prices Up in April

Average Used Property Prices Up in April

According to pisos.com, the average price of second-hand housing in Spain was 1,715 euros per square metre in April. This represents an increase of 0.86% compared to March. With respect to April 2018, the annual variation is 9.08%. Last April the average price was 1,572 euros p/m². “House prices continue to move at a reasonable Continue Reading

Impressive 56% Increase in Property Sales in Huelva

huelva-56-percent-increase-in-property-sales

Many regions throughout Andalucía have seen a drop in property sales however this drop has not been universal. In actual fact one region in Spain is crushing its competitors and saw an increase in house sales from the previous year of 56% in February. The autonomous region which has seen this success is Huelva in Continue Reading

Pace Slowing but Spanish Property is Still Selling

Pace Slowing Still Property Sales

Statistics recently released indicate that in Spain the number of properties sold in January compared to last year only rose by a small amount. Indications from the Spanish Land Registrar show 42,850 properties were sold in the January this year, which is only marginally more than the 42,745 sold in January 2018. The smaller property Continue Reading

Foreign Demand For Spanish Homes Maintains Growth

Foreign Demand For Spanish Homes Maintains Growth

The total number of home sales registered in 2018 reached the highest level seen in the last 10 years, with 516,680 operations. This is according to a report from the College of Registrars. The figures represent an annual increase of 11.3%. The data also shows a stable distribution in relation to recent years, between used Continue Reading

Second-Hand Housing Prices Up in Q1

House prices continue to rise

As the first quarter of 2019 has flown by in the blink of an eye, the price of housing has risen by 1.68%, when compared to the previous quarter. In March, the average price of second-hand housing stood at 1,700 euros per square metre. When compared to Q1 in 2018, the increase is more significant Continue Reading

Sales of New Homes Increased in January

Sales of New Homes Increased in January

The total number of property sales/purchases in the property registers in January was 198,298, 10.6% more than in the same month of 2018, according to data from the INE. 85.7% of purchases registered in January correspond to urban property, and 14.3% rural. In the case of urban properties, 56.5% were home sales. The number of Continue Reading

Property Prices Up 2.6% in January

The average home loan in January was €135,616

Purchases and sales of homes reached 40,388 transactions in January, a slight year-on-year increase of 0.3%, according to the General Council of Notaries. By type of housing, the sale of apartments showed a year-on-year fall of 1.3%. Meanwhile, transactions for second-hand homes fell by 1.5%, while sales of new property increased by 0.1%. The sale Continue Reading

2018 Home Sales Figures Highest in 11 Years

Home sales increased 9.3% in 2018

The number of home sales seen in 2018 was the highest number since 2007. According to Fomento, 581,793 homes were sold, a 9.3% increase compared to 2017. However, despite the most positive data in 11 years, the increase was the lowest since the end of the crisis confirming a slowdown in the residential market. The Continue Reading