Here you will find news, views, events and information relating to real-estate in Spain.
The outbreak of the pandemic in March 2020 led to social changes at all levels: from consumer habits to work routines, through to the way we relate to others. The housing market was not immune to the effects of this dynamic and over the last 18 months the real estate market has registered important changes. Continue Reading
The number of transferred properties registered in the property registers in the month of August is 175,824, which is 28.1% more than in the same month of 2020. In the case of registered property sales, the number of sales is 97,224, representing an annual increase of 41.8%, according to data from the INE. 87.7% of Continue Reading
At the end of the third quarter of the year, the price of second-hand housing in Spain stands at 1,892 euros/m². This represents a quarterly increase of 0.4% and a year-on-year rise of 2.5%. The quarterly increase (0.4%) is the first rise in this period after two years of declines which were caused primarily by Continue Reading
Second-hand house prices in Spain increased 0.7% year-on-year in August 2021. Compared to July, the price fell slightly with a -0.2% variation. This brings the price per square metre to 1,890 euros, according to data from fotocasa. This last value is the tenth (0.7%) year-on-year rise in house prices after 11 months of year-on-year drops Continue Reading
The price of rental housing in Spain was €10.44 per square metre in July. This is a variation of -2.7% when compared to July in 2020, according to data from property portal fotocasa. This is the sixth consecutive fall. “For several months the trend in rental prices in Spain has changed and large price increases Continue Reading
In Spain, the price of second-hand housing underwent a quarterly decrease of -0.7% in the second quarter of 2021 and a year-on-year increase of 0.5%. This places the average price at 1,883 euros p/m², according to data from Fotocasa. The quarterly decline (-0.7%) in property for sale is the first drop in this period after Continue Reading
In Spain, the price of rental housing increased by 0.2% on the monthly variation but fell by -4.5% when compared to the same month in 2020. This places the average price at €10.42 p/m² per month in May, according to data from the Fotocasa Real Estate Index. This last value (-4.5%) is the fourth decrease Continue Reading
Some good news for property buyers recently announced is that the Andalusian government has approved a decree that includes a reduction in the Property Transfer Tax on the purchase and sale of second-hand homes. Previously, there were three rates set at 8%, 9% and 10% (depending on the property value) but these will now be Continue Reading
The average price of second-hand housing in Spain in May 2021 was 1,834 euros per square metre. This figure represented a rise of 0.88% compared to April, when the price per square metre was 1,818 euros. The rebound compared to May 2020 was 1.75%, since the average price a year ago stood at 1,802 euros Continue Reading
The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020. In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%. 85.2% of the sales registered in March Continue Reading
