Here you will find news, views, events and information relating to real-estate in Spain.
The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading
In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading
The average cost of renting a home in Spain increased by 1.4% in April, to stand at 8.04€ p/m² p/month, according to the latest data from fotocasa. This is the first time since 2011 that the average cost has exceeded 8€. Even more significant is the annual variation. Compared to April 2016 the price has Continue Reading
The price of rental property in Spain increased by 8.8% during the first quarter of 2017. The average price of rental property now stands at 8.9€ per square metre, per month. According to research from idealista, the increase in rental costs is being driven by increased demand. The demand is being led by two distinct Continue Reading
Rental costs in Spain have dropped by an average of €188 since the maximum was recorded in May 2007, according to the latest analysis by real-estate portal fotocasa. Back in 2007 the average cost to rent a home in Spain was €810 (€10.12 / m²) for a property of 80m², while in February this year Continue Reading
Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading
Return on investment for property bought to rent increased in 2016 across all property types. The average profitability offered by investment in rental housing has increased to 6.3%, from 5.5% in the previous year, due to the higher growth rate of rental prices compared to sales prices. According to a study by idealista, which looks Continue Reading
Rental costs experienced a rebound in Spain in 2016 and ended the year with a 15.9% increase. This leaves a square metre of rental property with an average price per month of 8.2 euros. Fernando Encinar, head of idealista studies, says that “This huge increase in demand is still not accompanied by a similar increase Continue Reading
As 2016 draws to a close we can all look back and reflect on the lessons learned, the choices made and the rewards earned from a turbulent year. As well as the usual ups and downs associated with the real-estate market there have been a few surprises to contend with this year. We had to Continue Reading
Buying a property in Spain and putting it out to rent seems to increase in profitability year on year. This is according to analysis by property portal fotocasa. Their data shows that the annual profitability that can be obtained from renting out a property is currently 5.3%. In 2015 it was 5.2%, in 2014 it Continue Reading
