The price of residential property in Spain has remained stable through April and registered an increase of 0.1% year-on-year, according to House Price Index Data released today by Tinsa. In February the annual increase was recorded at 2.7% and in March prices grew 0.8%, yet still the market remains positive with the average value increase Continue Reading
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Residential Property Sales Increased 16.8% in March
March saw an increase in property sales of 8.5% when compared to the same period in 2015, reaching 66,645 transactions. Of those properties, 83.4% were for urban properties, of which, 57.4% were private homes. The number of rural properties sold decreased by 5.2% on the annual rate, to stand at 11,058, while sales of urban Continue Reading
Tourist Spend Increased 10% in March
The total expenditure of international tourists visiting Spain increased in March when compared to the same period last year. Total tourist spend in March was 4,838 million Euros, representing an increase of 10% over March 2015. Despite the overall increase in total spending, both the average daily spend, and the average expenditure per tourist fell Continue Reading
Resale Property Prices Stable in April
So far this year we have seen price increases in both property sales prices and also in rental costs strongly hinting that the real-estate market in Spain is recovering. However, the price of second-hand housing remained stable throughout April registering only a slight decline of 0.8%. The average price of property in Spain now sits Continue Reading
Rural Tourism Increased Significantly in March
As the Costa del Sol slips into May and the temperatures begin to climb Spain is preparing itself for the annual influx of tourists. However, the mild months of March and April have already brought record numbers of travellers to our fine shores. Holiday stays in apartments, campsites and rural tourism (non-hotel accommodation) have shown Continue Reading
February Saw 34% Increase in Building Licences
The number of building licences approved in February increased by a whopping 34.8% year-on-year, reaching 5,663 licences, according to data released by the Ministry of Public Works. The data further validates the opinion that 2016 has started well for the real-estate and construction industries. The data also offers good prospects for the rest of the Continue Reading
Spain Received 4.8 Million Tourists in March
March was another great month for tourism in Spain with 4.8 million international visitors arriving, representing a 16.1% increase over March 2015. The UK once again provided the majority of those travellers with 1.1 million Brits visiting our sunny shores. With the weather they have been having lately it’s not surprising! Brits made up 23.1% Continue Reading
Marbella Real-Estate Picking Up
Following eight years of negativity since the crisis of 2008, property agents and developers are looking positively at 2016. But it’s not only the real-estate market that is on the up. The whole of Spain seems to be having a great year. Here are just a few of the positive points from the first quarter Continue Reading
New Modern Villas Under Construction in Marbella
Sitting between Marbella and Estepona in the quiet residential area of El Paraiso, you will find a development of 18 modern villas currently under construction. The properties have been designed by renowned architect Pedro Iraburu Elizalde and although each of the villas follow a similar style of contemporary design, they are all unique. Set in Continue Reading
British Couple to be Compensated for Demolished Home
The photo shown here depicts the moment eight years ago when Len and Helen Prior saw their dream home in the sun demolished right before their eyes. Since then they have been living in their garage and fighting hard to get some compensation for their loss. The bulldozers were moved in to demolish their Almeria Continue Reading
