March was another good month in terms of tourist numbers, and another good month for the country’s hoteliers. Overnight stays increased in March by 17.6%, when compared to the same month last year. Over 21 million overnight stays were registered across the country, making March the third consecutive month to see increases. When looking at Continue Reading
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Tag Archives: spain
Fotocasa Data Shows Rental Cost Increase in Q1
Property portal Fotocasa have released data showing that the average price of rental property in Spain increased by 3.1% in the first quarter. Compare this to the data released last week by Idealista which also suggested an increase, but slightly higher at 4.3%. Renting one square metre now costs an average of 7.24€ per month. Continue Reading
Property Sales Increased in February
According to the latest statistics released by the General Council of Notaries, the Spanish housing market continues to recover with a year-on-year increase of 22.9% in the number of housing transactions, bringing it to 34,268. Furthermore, the figures suggest that house prices showed a small increase of 0.6%, bringing the price of one square metre Continue Reading
Rental Prices Increased in Q1
According to data released by property portal, Idealista, the cost of rental property increased by 4.3% across Spain during the first quarter ending March at 7.4 Euros per square metre, per month. Comparing on the annual rate the increase is 5.2%. The rental market appears to be recovering more strongly than the sales market. Head Continue Reading
More Mortgages Written in January
Despite the number of property sales falling slightly at the start of the year, when compared to last year, the number of new mortgages written in Spain increased in January by over 10% with 23,275 new mortgages recorded. Also on the increase is the average amount of the mortgages written which increased by 14.2% compared Continue Reading
