Here you will find news, views, events and information relating to real-estate in Spain.
Spain is still the preferred destination for British people looking to purchase a home abroad, according to idealista. After the uncertainty of Brexit took its initial toll on sales across the country, it seems the fear is abating amongst potential British buyers. Property developer Taylor Wimpey say reservations on the Costa del Sol, up to Continue Reading
Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading
According to the latest figures from pisos.com, average property prices of used housing in Spain increased in May by 1.08%, when compared to April. The average price now stands at 1,589 euros per square metre. In April the average price was 1,572 euros. With respect to May in the previous year, the increase is 3.05%, Continue Reading
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
The final 2017 figures are in and they show that it was a great year for home sales in some areas and not so great for others. This article follows on from one I wrote following the release of the Q1 figures, which you can find here. Firstly, here are the home sales figures for Continue Reading
Over the last twelve months, the demand for rental housing has fallen by 36%. In 2017, 14% of people over 18 years old had rented or sought to rent a home. In 2018 that percentage is 9%. This is the conclusion of the study “X-Ray of the Housing Market 2017-2018” carried out by property portal Continue Reading
The National Police have arrested five people in Marbella – four men and one woman – for allegedly cheating more than half a million euros out of people responding to adverts in a massive fake property scam. The five are alleged to have promoted “new developments” on real estate websites at very attractive prices in Continue Reading
There are six provinces in Spain where the number of property sales has increased by more than 100% from the minimums seen following the crisis. The recovery of the real-estate market continues and property sales continue to increase from the lows of 2013, the “annus horribilis” of the sector. Despite the fact that the latest Continue Reading
The number of property transfers registered in the property registers in March was 157,047. This represents a decrease of 7.8% when compared to March in 2017. Of those transfers, 81,303 were property sales, an annual decrease of 5.4%. 84.8% of those property sales were urban properties, with the remaining 15.2% being rural. In the case Continue Reading
Spain received 5.4 million international tourists in March, 9.6% more than in the same month in 2017, according to figures from the INE. The UK was the main source of travellers in March with 1.2 million Brits visiting. This represents 22% of the total international travellers. It also represents an increase of 5.6% when compared Continue Reading
