Here you will find news, views, events and information relating to real-estate in Spain.
Coastal property is seeing a surge in prices of both property for rent and for sale. According to data released by pisos.com, rental costs increased by 13.57%, while property for sale increased by 19.84%, when compared to 2016. Although there are certain enclaves showing a greater recovery than others, generally all coastal areas are showing Continue Reading
The average price of second-hand housing in Spain stood at 1,680€ p/m² at the end of May, a monthly increase of 0.3%, according to data released by property portal fotocasa. The increase shows once again that the price of second-hand housing has stabilised and we are leaving behind the dramatic price drops seen in recent Continue Reading
Total spending by international tourists visiting Spain in April reached 6.7 billion Euros, an increase of 19.7% when compared to the same month of 2016. It is worth noting that Semana Santa (Easter) fell in April of this year whereas in 2016 it was in March. The average expenditure per tourist was 955 euros, an 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
More good news for Marbella this month with the announcement that the Magna Hotels and Resorts Group plan to invest 70 million euros into the region to reopen the Hotel Don Miguel. The hotel was an emblem of tourism during the seventies and eighties which sadly closed its doors in 2004. The hotel is scheduled Continue Reading
The total number of property transfers registered in March 2017 was just short of 170,000. This represents a 17.7% increase when compared to March 2016. When comparing to the previous month (Feb 2017), the increase is 13.4%. The purchase and sale of residential properties increased by 26.9% when compared to March last year. The monthly Continue Reading
Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading
According to figures released by pisos.com, resale property prices in Spain in April 2017 stood at 1,526 euros per square metre. This represents a fall of -0.41%, when compared to the previous month. When compared to April in the previous year, the fall is -1.67%. However, Miguel Angel Alemany, general director of pisos.com, says “the Continue Reading
Foreign demand for housing in Spain has maintained good performance in recent years, reaching a new high in 2016 when 13.5% of homes sold were bought by foreigners. This is similar to the results seen in recent years (13.2% in 2015, 13% in 2014), and almost 10 points clear of the historical low seen in 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
