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Here you will find news, views, events and information relating to real-estate in Spain.

Monthly Archives: May, 2016

Cost of Rental Property Increased in April

The cost of renting a property in Spain increased in April by 0.8% to end the month on an average cost per square metre of €7.29, according to data released by property portal, fotocasa. The annual increase, when compared to April 2015, is actually 4.5%, one of the sharpest rises of recent months. Beatriz Toribio, Continue Reading

Data Points to Continued Housing Recovery

The price of housing in Spain increased in the first quarter of the year by 2.4% year-on-year, to stand at 1,492.4 euros per m², according to data released by the Ministry of Public Works. Despite the increase, in real terms (after inflation) housing in Spain is still 34.4% below the peak prices reached pre-crisis in Continue Reading

Spain Received 6.1 Million Tourists in April

Spain continues to attract record numbers of tourists as the country begins to see signs of summer. Spain received over 6 million tourists in April, representing an increase of 11.3% over the same month in 2015, according to the latest data released by the National Institute of Statistics. As usual, UK travellers accounted for the Continue Reading

New Modern Development in La Cala de Mijas

At the heart of the Costa del Sol, on Mijas Costa, you will find the charming old fishing village of La Cala de Mijas, or simply La Cala as it is known by locals. Perfectly positioned for easy access to many coastal towns, La Cala is only 15 minutes from Marbella, and in the other Continue Reading

Mortgage Approvals Up 14.5% in March

The National Institute of Statistics (INE) have released data detailing new mortgage lending in March 2016 and it shows that there were 14.5% more mortgage approvals than in the same month in 2015. When looking at the total of all mortgages approved, the average amount increased by 1.7% over the same month in 2015, to Continue Reading

Overnight Hotel Stays Increased in April

April saw 23.3 million overnight stays registered in Spain’s hotels, representing a 1.3% increase over the same period in 2015. Cumulatively, for the first quarter of 2016 the number of overnight stays has increased by 9.3%, when compared to Q1 2015. Spanish residents seemed to favour staying home, or in other types of accommodation, as Continue Reading

Marbella Property Remains Popular

The property market on the Mediterranean Coast continues to attract foreign buyers, especially in glitzy Marbella. The town’s location between the sea and the mountains gives it a micro-climate unlike the rest of the country, and along with its numerous golf courses, hotels and beaches, the area remains popular. The reappearance of cranes on the Continue Reading

Resale Property Prices Fell Slightly in April

The average price of resale property in Spain fell by 0.2% in April, when compared to the previous month. The average price per square metre now stands at 1,624 Euros, according to data released by property portal fotocasa. This is slightly different to the figures released by Tinsa last week but the gap between the Continue Reading

Spain Scores Well in Investment Report

Knight Frank’s Global Wealth Report 2016 has been released and it paints a rather pretty picture of Spain’s property market. According to the report, global residential property markets rose on average by 1.8% in 2015, slightly under the previous year’s 2% increase. However, in the latest report the data shows that 66% of the 100 Continue Reading

Mortgage Approvals Increased in March

Following a great start to the year in terms of the number of property sales, mortgage statistics released today further demonstrate the improvements we are seeing in the Spanish property market. Cinco Dias reported that 46.7% of property purchases in March required external financing, an increase of 61% from the low that was seen in Continue Reading