Spanish Home Sales Down 10% in July

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Spanish Home Sales Down 10% in July

The total number of transferred properties registered in the property registries in July was 170,109 This shows a fall of 4.7%, when compared to the same month of 2022. In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the Continue Reading

New-Build Property Sales on the Increase

The total number of properties transferred in June reached 191,749, a 2.5% fall when compared to the same month in the previous year. In terms of property sales, the total number of transactions was 106,051, an annual fall of 1.6%, according to data from the INE. Of the total sales seen in June, 87.9% were Continue Reading

Price of Housing Up 9.7% in July

The price of second-hand housing in Spain increased by 0.2% in July, when compared to the previous month. When compared to the same month in 2022, the increase is 9.7%. This brings the average cost per square metre to €2,150 p/m². Notably, this increase is the seventh consecutive increase of more than 9% so far Continue Reading

Buying a New Property or a Resale Property

The Costa del Sol offers a wide range of properties to suit all tastes

Planning to buy a property on the Costa del Sol? Choosing between a resale property and a new one is a crucial decision. Below, we’ll explore the pros and cons of each option to help you make an informed choice that suits your preferences and needs. Resale Properties Pros: Established Locations: Resale properties on the Continue Reading

Property Prices in Málaga Exceed 2007 Records

The city of Málaga has once again seen records broken in both the prices of property sales and rental markets. Málaga capital closed February with an average cost per square metre of €2,932, while in January, the average rental price reached €13.52 p/m². Both of those average prices exceed the highest prices seen in 2007 Continue Reading

2022 Was a Record Year For Property Sales

Data released by the INE shows that 2022 was a record year for property sales, reaching almost 650,000 sales closed. The figures for the end of the year showed a 14.7% increase over the previous year. The sharp increase comes despite five rate hikes and a change in monetary policy from the ECB, showing there Continue Reading

Second Hand House Prices up 5.6% in 2022

Average property prices reached €1,984 in December

The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading

Home Sales Up 7% in September

Used property saw a 10% increase in sales

The number of transferred properties registered in the property registers in the month of September reached 175,374, representing a fall of 2.1% compared to the same month of 2021. Looking only at the number of property sales, the number reached 102,987, an annual increase of 0.1%. Of the sales registered in September, 88.7% related to Continue Reading

Average Cost of Rental Housing Up in October

Rental housing in Spain had an average price per square meter of 10.25 euros in October 2022. This figure showed a monthly rise of 0.49%. In the year-on-year comparison, it grew by 3.85%. Ferran Font, director of studies at piso.com said, “The cost of renting a home in Spain continues to show significant increases, given Continue Reading

Rental Cost Down, Sale Prices Up, in Q3

The average price of second-hand housing in Spain in the month of September 2022 was 1,962 euros per square meter. This figure represented a rise of 1.84% compared to June 2022. Year-on-year, the rise reached 6.02%. The rebound compared to August 2022 was 0.57%, since the average price last month was 1,951 euros per square Continue Reading