Here you will find news, views, events and information relating to real-estate in Spain.
In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying Continue Reading
In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading
Renting a property finished 2019 5.1% more expensive than at the start of the year. The average price per square metre per month stood at €10.18 in December. This is the highest national average price since 2006, beating the previous high of €10.12 per square metre per month, which was seen in May 2007. Additionally, Continue Reading
Second hand housing in Spain saw a small price drop in January with prices shrinking by 0.3%, when compared to December. The annual variation was -1.9%, bringing the average price per square metre to 1,841 euros, according to the fotocasa real estate index. The national average is a massive 40% lower than the average in Continue Reading
In the third quarter of 2019 the sale of housing decreased across the country, falling 6.3% nationally, continuing the trend of the previous quarter. Only Murcia saw property sales increase with a 3.4% rise in sales, according to a report from the Notaries. Only Aragon and Catalonia managed to keep the fall below 2% (-0.2% Continue Reading
Spain’s new government are expected to put the entire property market under the microscope, with the current rental problems taking a priority. It is, without a doubt, the biggest challenge in the housing market at the moment and has its origin in the growing imbalance between high demand and low supply. This has, of course, Continue Reading
The average price of second-hand housing in Spain stood at 1,706 euros per square metre in November 2019. The figure represents a monthly variation of -0.27% when compared to October. With respect to November 2018, the variation is +2.75%, according to data from pisos.com. In November last year the average cost per square metre stood Continue Reading
Over the last 12 months, purchases of housing as an investment represented 10% of the total sales transactions made in Spain. Sales of property for investment now make up the same amount as those transactions to purchase a second home, which also number 10% of the total. For comparison, the purchase of property for the Continue Reading
In October, the price of rental housing in Spain increased 2.4% when compared to September. On a year-on-year basis the increase was 3.6%, bringing the average price per square metre per month to €9.81. Across the autonomous communities the most expensive rental property is found in Madrid and Catalonia, with average prices of €14.82 p/m² Continue Reading
In July, there were 46,015 housing sales, an interannual fall of 20.8%, according to a report from the General Council of Notaries. By type of housing, there was a 21.6% year-on-year fall in the sale of apartments, while sales of single-family homes fell by 17.5%. The falls were due to a fall of 33.1% in Continue Reading
