The average price of resale property in Spain in August was 1,599 euros per square metre, according to the monthly report from pisos.com. This represents a decrease of 0.18% when compared to the previous month. On the annual variation prices actually increased by 3.66% when compared to August 2015. Price variations across the country have Continue Reading
BLOG
Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: property
Cost of Rental Property Fell in July
The average price of rental property in Spain fell by 0.6% in July. The average is 7.36€ p/m² p/month, according to the latest data released by property portal fotocasa. This is the first fall in the cost of rental property following 8 months of increases. The average cost is now similar to that of October Continue Reading
Demand For Luxury Property Increasing
Despite the financial crisis and continuing austerity in many European countries, the demand for luxury homes in Spain continues to grow. Luxury homes (those over one million Euros) have seen a 78.8% increase in viewings since 2013, Spain’s “annus horribilis”. In August 2015 the number of searches for property over one million Euros on property Continue Reading
Demand To Rent a Room Doubled in One Year
The demand to rent a room in Spain increased by 48% over the last 12 months. In the first six months of this year there were over 33 million searches for renting a room on one of Spain’s property portals. This is more than 10 million more searches than were conducted in the same period Continue Reading
House Prices Increased in July
House prices in Spain increased by 0.3% in July, when compared to July in the previous year. This is according to the latest IMIE Index from tinsa. The figures confirm the stability we have seen in the market over recent months. Since January, the increase is 1.6%, which is slightly lower than the increase up Continue Reading
New Property For Sale in Cancelada
New property is making a dramatic comeback on the Costa del Sol with new developments springing up along the coast. Marbella For Sale are pleased to present two of the best new developments in Marbella: The Residences, and The Villas. The properties are close to the village of Cancelada, () to the west of Marbella, Continue Reading
Property Sales Increased in June
According to the latest data released by the National Institute of Statistics, there were 151,447 properties sold or transferred in June, 3.3% more than in the same month last year. Purchases and sales of housing increased by 19.4% when compared to June in the previous year. Of all the property sales recorded in June, 85.1% Continue Reading
Price of Resale Housing Fell Slightly in July
The price of resale housing in Spain fell slightly in July registering a 0.1% fall, to stand at 1,530€ p/m², according to the latest data from idealista. Compared to July 2015, the price fall was 3.6%. Autonomous Communities Despite the national average showing a decline in prices, seven communities registered an increase. The highest was Continue Reading
Construction Resurgence Continues
Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading
34% Increase in Mortgage Approvals in May
The number of mortgages granted for home purchases in May was 26,579, an increase of 34.1% over the same month in 2015. The average amount mortgaged was 126,394 euros, which is actually 2.6% lower than in the previous year, according to data released by the National Statistics Institute (INE). The total value of mortgages constituted Continue Reading
