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

Monthly Archives: July, 2017

Marbella Saw Record Number of Tourists in June

Tourists are flocking to Marbella, as always!

Marbella had a record June in terms of the number of tourists visiting the area. Numbers increased by 30.5% when compared to June last year. The mayor of Marbella, José Bernal, described the figures, which were released by the National Institute of Statistics (INE), as “historical and an example that the policies of the local Continue Reading

Housing Sales Up in First Quarter

Average house prices rose 4.6% in Q1

There was an increase in housing sales in most of Spain’s autonomous communities in the first quarter of 2017. This is according to the latest figures released by the National Council of Notaries. In the first quarter, the sale of housing saw average national growth of 19.2% year-on-year. All the autonomous communities saw growth except Continue Reading

Record Sales to Foreigners in 2017

Foreigners bought 13.2% of property sold in 2016

In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading

Spanish Property Sales Increased in May

New mortgages fell 1.4% in May

The number of property sales in Spain stood at 47,145 transactions in May, according to data released by the General Council of Notaries. This represents a year-on-year increase of 17.5% when compared to May in the previous year. By type of housing, the sale of used property showed an annual increase of 20.4% while sales Continue Reading

Average Rent Increased 6% Since January

Prices are up 12.08% since last year

According to the bi-annual rental price report prepared by piso.com, the average rental property in Spain has an average surface area of 112 m² with an average monthly rate of 705 euros. This figure represents a monthly increase of 0.57%, a quarterly increase of 4.44%, a semi-annual increase of 6.02% and year-on-year growth of 12.08%. Continue Reading

Tourist Spending Increased in May

Tourist spending increased 13.3% in May

Total spending by international tourists visiting Spain in May reached a staggering 7,841 million euros. The figure represents an increase of 13.3% over the same month of 2016, according to data released by the INE. Spain received almost 8 million tourists in May. The average expenditure per tourist was 987 euros, an annual increase of Continue Reading

Transparency International Hails Marbella

Marbella is "an example of positive change"

Transparency International, the global anti-corruption coalition, have increased the rating for Marbella City Council from 58 to 93 percent in the Transparency Index. The report, published every two years, says Marbella is “an example of positive change, good practice and attitude”. The Mayor expressed his satisfaction with the towns progress towards transparency of all local Continue Reading

Average Property Prices Up in Second Quarter

Q2 saw average prices increase by 2.7% nationally

The recovery of the Spanish housing market continues to progress but at different speeds according to where you are. Varying changes to average property prices are being seen across the country. The national average price of finished housing (new and used) increased by 2.7% year-on-year in the second quarter of the year. The average cost Continue Reading

Almost 8 Million Tourists in May

7.9 million tourists visited Spain in May

Spain received a massive 7.9 million international tourists in May, 11.7% more than in the same month last year. As usual, the UK was the main country of origin with over 2 million Brits arriving in Spain in May. This represents 25.7% of the total number of visitors, an increase of 14% when compared to Continue Reading