Here you will find news, views, events and information relating to real-estate in Spain.
The number of purchases/sales of homes in Spain reached 47,254 in November, according to the General Council of Notaries. This represents an annual decrease of 3.6%. The sale of flats showed a significant annual fall dropping 6.5% year-on-year. This was due to falls in sales of both new property (-7.1%) and also second-hand properties (-5.5%). Continue Reading
Luxury housing (over 500,000 euros) has continued to rise in price throughout 2018 but has slowed down registering only a 2% year-on-year increase. The average price of luxury property now stands at 6,800 euros/m², up from 6,600 euros/m² registered at the end of 2017. The largest increases occurred in the cities of Madrid, San Sebastian Continue Reading
The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading
The number of homes sold in October was 49,515, according to the General Council of Notaries. This represents an increase of 8.4% when compared to the same month last year. By type of property, the sales of flats showed an increase of 6.2%, while sales of single-family homes showed an increase of 16.5%, year-on-year. The Continue Reading
The number of new mortgage loans taken for homes in September was 32,457, representing a 9.5% annual increase. The average amount of the loans was 148,959 euros, 6.6% higher than in September 2017. The total value of the loans taken for urban property reached 6,365.2 million euros. This represents an increase of 16.7% when compared Continue Reading
The average price of second-hand housing in Spain increased by 0.7% in November, when compared to the previous month. This brings the average price per square metre to €1,861, according to data from fotocasa. Other than from April to May, all monthly increases throughout 2018 have been between 0.3 and 0.9%. Looking at the year-on-year Continue Reading
The number of sales of property to foreign buyers continued to grow in the first half of 2018, although the trend of double-digit growth has ended. Sales of Spanish properties to foreign buyers amounted to 53,359 transactions in the first six months of the year, representing an annual increase of 5.6%. These sales accounted for Continue Reading
The number of properties transferred in the properties register in September was 147,377. This is a 7.7% increase when compared to the same month of 2017, according to data from the INE. In the case of property sales, the number of operations was 83,583, which is an annual increase of 11.6%. 88.1% of the properties Continue Reading
The number of urban property sales in September reached 41,519, according to the General Council of Notaries. This represents a slight year-on-year increase of 0.2%. By type of housing, the sale of apartments showed an annual variation of -1.1%. This fall was attributed to a fall in the sale of new properties, given that the Continue Reading
Average property prices of second-hand housing in Spain in October 2018 reached 1,656 euros per square metre. This represents a small monthly increase of 0.21%, when compared to September. Looking at the annual variation, the increase is 6.03% over the price seen in October 2017 (1,562 euros/m²). “Everything points to prices maintaining their upward trend,” Continue Reading
