Cost of Spanish Housing Up 9.5% in October

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Cost of Spanish Housing Up 9.5% in October

October saw the price of second-hand housing increase by 0.4% when compared to the previous month. On the annual basis, the average cost increased by 9.5%. These increases bring the average cost per sqaure metre to 2,363 euros. The annual increase of 9.5% is the highest seen in the last 12 months. “The residential market Continue Reading

Sales and Prices Continue to Rise in 2024

The number of homes sales in Spain increased by 19.4% in July, when compared to the same month in 2023. The total number of transferred properties in the property registers was 12.2% more than the previous year, at 191,192. Of these, 108,003 were sales, according to figures from the INE. 87.8% of the registered property Continue Reading

Rental Costs Fell Slightly in July

In Spain, the cost of renting a home fell by 0.5% in July, bringing the average cost per square metre, per month, to €12.59. When compared to the same month in the previous year, the variation is +8.6%. This annual increase is the second highest recorded in the last 12 months. Spain has gone from Continue Reading

Used Property Prices Up 8.5% on Last Year

The price of second-hand housing in Spain fell by -0.7% in August. Compared to the same month in 2023, the price increased by 8.5%. This brings the average cost per square metre to 2,327 euros. This last year-on-year value (8.5%) is the second highest increase in the last 12 months. Spain has gone from a Continue Reading

How to Finance Your Property Purchase in Marbella

Marbella, with its stunning coastline, luxurious lifestyle, and warm climate, has long been a magnet for property buyers from around the globe. Whether you’re looking for a holiday home, a retirement paradise, or an investment opportunity, understanding how to finance your property purchase in Marbella is crucial. Here’s a comprehensive guide to help you navigate Continue Reading

Home Sales Increased Significantly in April

In April 2024, the total number of transferred properties registered in the property registries reached 191,286, which was 20.8% more than in the same month of 2023. In the case of purchases and sales of registered properties, the number of transfers was 103,950, representing an annual increase of 21.1%. 86.7% of the sales registered in Continue Reading

House Prices Continued to Rise in May

The price of second-hand housing in Spain increased by 1.1% in May, when compared to April, while the annual increase was 7.7%. This brings the average cost per square metre to €2,294 p/m². Although prices continue to rise significantly, the annual increase is 2.5% points lower than the annual increase of 10.2% seen in May. Continue Reading

Sale and Rental Prices Increase in April

Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading

Increase in New Build Property Sales in January

The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading

Rental Costs Reach Historical High in January

The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading