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

Monthly Archives: May, 2017

Marbella Approves Planning Licences for 7.4 million

Javier Porcuna

It is clear that construction has made a comeback along the Costa del Sol with many new developments springing up. The once familiar horizon filled with cranes is once again visible up and down the coast; great news for the economy and for consumers. In this regard, Marbella officials say they have experienced a surge Continue Reading

Property Prices to Increase 4.7% Annually to 2019

New property accounts for 10% of sales

Moody’s, a credit rating agency, expects property prices in Spain to rise by 4.7% per year up to 2019. However, the agency point out that the number of units sold is equally as important to the recovery of the housing sector. They point out that it is necessary to “decouple” the sale price from the Continue Reading

Huge Investment for Hotel Don Miguel in Marbella

Hotel Don Miguel New Plans

More good news for Marbella this month with the announcement that the Magna Hotels and Resorts Group plan to invest 70 million euros into the region to reopen the Hotel Don Miguel. The hotel was an emblem of tourism during the seventies and eighties which sadly closed its doors in 2004. The hotel is scheduled Continue Reading

Home Sales Increased 26.9% in March

Rural property sales increased by 24.3%

The total number of property transfers registered in March 2017 was just short of 170,000. This represents a 17.7% increase when compared to March 2016. When comparing to the previous month (Feb 2017), the increase is 13.4%. The purchase and sale of residential properties increased by 26.9% when compared to March last year. The monthly Continue Reading

Prices in Capitals and Large Cities Increase 6%

Coastal property remains popular

Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading

Malaga Airport Passenger Numbers Increase

The airport handled 12.9% more flights in Q1

Málaga-Costa del Sol Airport closed the first quarter of 2017 with an increase in both passenger numbers and flight operations. When compared to the same period in 2016 there was an increase of 13.7% in passenger numbers, while the airport handled 12.9% more flights. Between January and March 2017, the airport handled 2,982,158 travellers and Continue Reading

Resale Property Prices Fell in April

Resale prices fell 1,67% in April

According to figures released by pisos.com, resale property prices in Spain in April 2017 stood at 1,526 euros per square metre. This represents a fall of -0.41%, when compared to the previous month. When compared to April in the previous year, the fall is -1.67%. However, Miguel Angel Alemany, general director of pisos.com, says “the Continue Reading