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10 Steps to Buying Property in Spain

10 Steps to Buying Property in Spain

If you are thinking about buying property in Spain, you need to be sure you know what you are doing in order to avoid potential pitfalls. If you are tempted by the sun or you dream of waking up to a view of the Mediterranean then you are in the right place! The Costa del Continue Reading

Resale Property Prices Fell in January

Property prices fell 2,6% in January

After a good year in 2016, this year has started slowly for the real-estate market with the price of used housing registering a slight decline in January. The price of a square metre fell by 2.6%, to stand at 1,508 euros, according to figures released by idealista. Compared to January 2016, the annual decline is Continue Reading

Estepona Attracting Investment

The Valle Romano Golf Resort, Estepona

Investment fund HIG Capital has signed an agreement with real estate developer Neinor Homes for the purchase of 430 apartments located in the Valle Romano Golf complex in Estepona (Málaga), in a deal worth around 32 million euros. The Valle Romano Golf Resort is located next to a golf course of 60 hectares with eighteen Continue Reading

Improvements Planned for San Pedro de Alcántara

The money continues to rain down on San Pedro de Alcántara as yet more redevelopment work is announced. In recent years, the town has been transformed. First there was the addition of a tunnel beneath the town to alleviate heavy traffic passing through. Then came the new boulevard which has become a popular meeting point Continue Reading

New Housing in Malaga Exceeds Madrid

The Costa del Sol has the largest amount of new housing available in all the Mediterranean coastal areas, with 2,482 new properties. The Costa Blanca comes next with 2,110, according to data provided by ST-Valuation Society (ST) at the end of 2016. The amount of new property around the coast of Malaga surpasses that of Continue Reading

Rental Costs Increased in 2016

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

Property Sales Increased in November

The total number of property sales in Spain increased by 6,8% in November. The number of home purchases increased by 17.3%, when compared to November 2015, according to the latest data from the INE. 84.6% of purchases correspond to urban properties, with 15.4% being rustic. In the case of urban sales, 56.3% were for the Continue Reading

Resale House Prices Fell Slightly During 2016

During 2016 resale house prices normalised, even recording a slight annual decline. Prices fell by 0.7% during the year to stand at an average of 1,533 euros p/m², despite a slight increase during the last quarter. Fernando Encinar, head of idealista research, said “2016 has been a turning point after the real-estate bubble burst in Continue Reading

Goodbye 2016 – It Was Emotional

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

Passenger Numbers Increase at Málaga Airport

November was another busy month for Málaga Airport with almost a million passengers passing through, proving that the allure of the Costa del Sol is more than just sunny weather. Despite being outside of the blistering summer months, and pre-Christmas season, November saw Málaga-Costa del Sol airport handling 965,188 passengers. They were distributed across 7,823 Continue Reading