Here you will find news, views, events and information relating to real-estate in Spain.
The average price of renting a home in Spain decreased by 1.1% in May to stand at €8.44 p/m² per month, according to data from fotocasa. On a monthly basis, rental costs increased in eight communities and decreased in nine. The highest monthly increase was recorded in Murcia (+2.6%), followed by the Canary Islands (+1.1%) Continue Reading
Spain is still the preferred destination for British people looking to purchase a home abroad, according to idealista. After the uncertainty of Brexit took its initial toll on sales across the country, it seems the fear is abating amongst potential British buyers. Property developer Taylor Wimpey say reservations on the Costa del Sol, up to Continue Reading
Despite a delay in the arrival of spring, Spain is still attracting visitors and the Costa del Sol remains as one of the busiest parts of the country. As such, almost 2 million passengers passed through Málaga-Costa del Sol Airport in May. A massive 1,830,000 passengers moved on almost 13,200 flights. These figures represent an Continue Reading
Following a slight dip in March, property transfers across Spain rebounded in April, registering a year-on-year increase of 20.8%, according to figures from the INE. The total number of properties transferred in the property registers in April reached 161,444. However, as Holy Week was in March this year and in April last year, it makes Continue Reading
Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading
According to the latest figures from pisos.com, average property prices of used housing in Spain increased in May by 1.08%, when compared to April. The average price now stands at 1,589 euros per square metre. In April the average price was 1,572 euros. With respect to May in the previous year, the increase is 3.05%, Continue Reading
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
Over the last twelve months, the demand for rental housing has fallen by 36%. In 2017, 14% of people over 18 years old had rented or sought to rent a home. In 2018 that percentage is 9%. This is the conclusion of the study “X-Ray of the Housing Market 2017-2018” carried out by property portal Continue Reading
There are six provinces in Spain where the number of property sales has increased by more than 100% from the minimums seen following the crisis. The recovery of the real-estate market continues and property sales continue to increase from the lows of 2013, the “annus horribilis” of the sector. Despite the fact that the latest Continue Reading
The number of property transfers registered in the property registers in March was 157,047. This represents a decrease of 7.8% when compared to March in 2017. Of those transfers, 81,303 were property sales, an annual decrease of 5.4%. 84.8% of those property sales were urban properties, with the remaining 15.2% being rural. In the case Continue Reading
