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

Monthly Archives: January, 2017

Málaga Airport Traffic Increased in 2016

Málaga Airport handled 7,647 flights in December

Málaga-Costa del Sol Airport exceeded 16 million passengers in 2016, thanks to growth in both the foreign and domestic markets. The total number of passengers to pass through the airport was 16,672,776, according to data from AENA. This represents an increase of 15.7% when compared to the previous year. The bulk of those passengers (16,621,669) Continue Reading

Profitability of Housing as an Investment Grows

Rental investment returns on housing increased in 2016

Return on investment for property bought to rent increased in 2016 across all property types. The average profitability offered by investment in rental housing has increased to 6.3%, from 5.5% in the previous year, due to the higher growth rate of rental prices compared to sales prices. According to a study by idealista, which looks Continue Reading

Improvements Planned for San Pedro de Alcántara

The money continues to rain down on San Pedro de Alcántara as yet more redevelopment work is announced. In recent years, the town has been transformed. First there was the addition of a tunnel beneath the town to alleviate heavy traffic passing through. Then came the new boulevard which has become a popular meeting point Continue Reading

New Housing in Malaga Exceeds Madrid

The Costa del Sol has the largest amount of new housing available in all the Mediterranean coastal areas, with 2,482 new properties. The Costa Blanca comes next with 2,110, according to data provided by ST-Valuation Society (ST) at the end of 2016. The amount of new property around the coast of Malaga surpasses that of Continue Reading

Rental Costs Increased in 2016

Rental costs experienced a rebound in Spain in 2016 and ended the year with a 15.9% increase. This leaves a square metre of rental property with an average price per month of 8.2 euros. Fernando Encinar, head of idealista studies, says that “This huge increase in demand is still not accompanied by a similar increase Continue Reading

Property Sales Increased in November

The total number of property sales in Spain increased by 6,8% in November. The number of home purchases increased by 17.3%, when compared to November 2015, according to the latest data from the INE. 84.6% of purchases correspond to urban properties, with 15.4% being rustic. In the case of urban sales, 56.3% were for the Continue Reading

Resale House Prices Fell Slightly During 2016

During 2016 resale house prices normalised, even recording a slight annual decline. Prices fell by 0.7% during the year to stand at an average of 1,533 euros p/m², despite a slight increase during the last quarter. Fernando Encinar, head of idealista research, said “2016 has been a turning point after the real-estate bubble burst in Continue Reading