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

Monthly Archives: September, 2016

Fewer Mortgages Approved in July

The number of new mortgages taken for a home purchase in July was 18,706, representing a decrease of 14.9% when compared to the same month in 2015. The average amount of those loans was 115,540 Euros, an annual increase of 10.1%, according to data released by the National Statistics Institute. The value of mortgages taken Continue Reading

Another Great Month for Hoteliers in August

The number of overnight stays in Spain increased by 3.8% in August, when compared to the same month of 2015, to reach 46.4 million overnight stays. Overnight stays by Spanish residents fell by 0.3%, while overnight stays by foreign residents increased by 6.3%, according to the latest data from the National Statistics Institute. For the Continue Reading

Resale Property Prices Fell 0.1% in August

Resale property prices in Spain fell by 0.1% during August, compared to the previous month, to stand at an average of 1,529€ p/m². When compared to August in the previous year the fall is 3.1%, according to the latest house price index from idealista. Autonomous Communities The price of resale-property increased in 11 of the Continue Reading

Mortgage Foreclosures Fell in Second Quarter

The number of foreclosures carried out in the second quarter of 2016 was 20,927. This represents an increase of 8.1% when we compare the figures to the previous quarter. When comparing to the second quarter of 2015 the number actually fell by 27.7%. Amongst the actions, 6,398 were on a primary residence (26.2% less than Continue Reading

A New Record For Airline Traffic in August

August was typically hectic once again with millions of tourists descending on our shores for their summer holidays. Roads were clogged, shops were full, airports were packed with passengers and parking became a heated competition. Now the figures are in and yes, it was a record! The airports within the AENA network handled a massive Continue Reading

Housing Prices Fell 0.5% in August

Housing prices in Spain fell by 0.5% in August, when compared to the previous year, to reach 1,322 points, according to the latest data from Tinsa. The index shows that the market has stabilised with a slight growth of 0.2% across the first eight months of 2016. The only increases were recorded in the “Mediterranean Continue Reading

Q2 HPI at 3.9% – Property Sales Down 3.6%

The annual variation of the Housing Price Index stood at 3.9% at the closing of the second quarter, a decrease of two and a half points. On new housing the annual rate is 8.4%, more than 2 points higher than in the previous quarter, according to the latest figures from the National Statistics Institute. For Continue Reading

Tourist Spending Increased in July

Tourist spending increased in July this year reaching a total expenditure of 10,257 million euros, 7% more than in the same month last year, according to the latest figures released by the National Statistics Institute (INE). The average expenditure per tourist fell slightly to 1,027 euros, a decline of 2.1%. However, the average daily spend Continue Reading

Price of Resale Property Increased in August

The average price of resale property in Spain in August was 1,599 euros per square metre, according to the monthly report from pisos.com. This represents a decrease of 0.18% when compared to the previous month. On the annual variation prices actually increased by 3.66% when compared to August 2015. Price variations across the country have Continue Reading

Price Reduction – 2 Bed Apartment For Sale in Cabopino

This lovely 2 bedroom apartment in Cabopino is now only 199,000€ Full details can be found here: 2 Bed Apartment For Sale in Cabopino