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

Monthly Archives: August, 2017

Second Homes Account for 13% of Sales

39% were looking for second-hand housing

13% of house purchases in Spain are for second homes, according to the report “Profile of the second home buyer in Spain”, by fotocasa. Second homes are the second most popular reason for buying a property. The most popular reason is of course for a primary residence with 75% of sales being for that reason. Continue Reading

Top 10 – Spain’s Most Expensive Streets

Cinema rooms are common in La Zagaleta

The urbanisation La Zagaleta, located in Benahavís, Malaga, holds the record for being the most expensive residential area in the whole of Spain. Homes in this exclusive development exceed 5.6 million euros on average. Despite being private homes, not hotels, most properties in La Zagaleta have more than 8,000m² plots, elevators, a cinema room and/or Continue Reading

Price of Rental Housing Fell in July

Average cost of renting fell in July

The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading

Malaga Airport Sees Record Numbers in July

Malaga surpassed 2 million passengers in July

Malaga Airport closed July having seen record numbers of passengers pass through in its busiest summer yet, according to airport operator AENA. The number of passengers grew by 11.2% to a massive 2,180,749. This is the first time in its history that the airport has seen more than two million in a single month. Of Continue Reading

Average Price of Used Property Up in July

Used property prices increased in July

The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading

Home Sales Increased in June

June saw a 19.2% increase in used property sales

There were 88,034 property sales/purchases in June, an annual increase of 18.6%. Compared to the previous month the number fell by 1.3%, according to data released by the National Institute of Statistics. 86.8% of the properties sold were urban properties, compared to 13.2% rustic property. In the case of urban properties, 57.8% were for home Continue Reading

Only 30% of Homes Have Air-Conditioning

Summer temperatures can be brutal!

Despite being one of the hottest summers, Spain’s housing stock shows that not everybody has the benefit of air-conditioning. In fact, only 30.1% of homes currently for sale or rent in Spain are equipped with any form of cooling, according to a study by idealista. For the study, the property portal analysed 900,000 homes currently Continue Reading

Apartments Most Popular for Holiday Rental

Only 10% of holiday rentals are villas

Four out of ten homeowners who put their property on the holiday rental market managed to rent the property within the first two weeks. In fact, 7% managed to get a tenant within the first week. 16% rented the property within one week, while 19% needed two weeks to rent it. “The speed and ease Continue Reading