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

Monthly Archives: June, 2016

Rental Costs Increased 1% in May

The average price of rental housing in Spain increased by 1% in May, to stand at 7.36 Euros per square metre per month, according to the latest data released by online property portal, fotocasa. This monthly increase continues the trend seen in 2015, during which time rental costs began to increase month after month following Continue Reading

Quarter of Household Income Spent on Housing

On average, Spanish households spend 23.58% of their annual income on paying a mortgage or rent. The report, compiled by online property portal, is based on the latest Household Budget Survey carried out by the National Statistics Institute (INE). According to the report, those who rent a property require a larger percentage of their Continue Reading

Hoteliers See Continued Growth

Spain’s hotels accommodated 30.8 million overnight stays in May, a 9.9% increase over the same month in the previous year. Stays by travellers who are resident in Spain increased by 6.1%, while overnight stays by non-resident travellers increased by 11.6%. The average length of stay was 3.2 nights per traveller, an increase of 4.7% over Continue Reading

70% of Spaniards Prefer Ownership to Rental

A new report, released by property portal fotocasa, titled “The Spanish and Their Relation to Housing, 2015” shares interesting insight about the thoughts and knowledge of Spaniards in relation to the housing market in Spain. The report was prepared in order to analyse how the economic conditions of recent years have affected the attitude of Continue Reading

Cost of Urban Land Increased 5.3% in Q1

The average price of urban land showed an annual increase of 5.3% in the first quarter of 2016, to stand at 157.7 euros per m², according to data released by the Ministry of Public Works. When compared to the previous quarter, the increase is 3.9%. When looking at the cost in municipalities of over 50,000 Continue Reading

Foreclosures Fell by 11.6% in Q1

The number of evictions carried out between January and March this year represented an annual decrease of 11.6%, with 16,688 evictions performed across the country. The number represents the biggest fall since the first quarter of 2014 when the historical data series began. Location The number of foreclosures fell in 14 of the country’s 17 Continue Reading

Andalusia and Valencia Have Most New Property

As the recovery continues and Spain begins to see the return of construction, it appears that the majority of new build free housing is concentrated in a few regions. Free housing refers to properties that are not subject to any public protection system and can be transferred between parties without any restriction. Together, Andalusia and Continue Reading

Coastal Areas See Increased Rental Costs

How many people working in real-estate have heard the question “How far is it from the beach?”. It would appear that proximity to the playa is an important part of the decision when choosing a rental property and the consequence of this demand is that provinces that sit on the coast are recording the largest Continue Reading

Property Sales Best Q1 Since 2010

According to data released by the Ministry of Public Works, there were 103,288 house sale transactions made before a notary in Spain in the first quarter of 2016. You would need to go back to 2010 to find the first quarter with as many sales. The figure represents an increase of 20.7% when compared to Continue Reading

This Weeks Hot Properties

Marbella For Sale are pleased to present this weeks Hot Properties! 4 BEDROOM VILLA FOR SALE Nueva Andalucía Price: €875,000 4 Bedrooms – 3 Bathrooms – 205m² Built – 100m² Terrace Read More PLOT FOR SALE The Golden Mile Price: €920,000 2,000² Plot Read More 5 BEDROOM VILLA FOR SALE Nueva Andalucía Price: €1,990,000 5 Continue Reading