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

Monthly Archives: October, 2017

Spain’s Luxury Property Market is Thriving

Property over 1€ million is in demand

The demand for luxury residential property in Spain shows no signs of slowing down. There is more luxury property available and at higher prices than last year. Property portal pisos.com has analysed the luxury market and the results show that there has been a marked increase in volume of luxury property. 2.22% of second-hand properties Continue Reading

2017 Real Estate Investment Tops 8,950 million

Investment in residential property reached 1,180 million euros

The total volume of real estate investment in Spain (residential, office, retail, hotels) closed the third quarter of the year at around 8,947.4 million euros. This represents an increase of 40% over the same period in 2016. Additionally, this figure represents 94% of the total investment for the whole of 2016, which amounted to 9,564 Continue Reading

Costa del Sol Has Best Summer Ever!

Costa del Sol had its best summer in 2017

The Costa del Sol had its best summer ever this year with over 7 million visitors and 7,000 million euros of expenditure to beat both previous records. These results summarise the general trend of summer tourism which has been steadily increasing over recent years. Costa del Sol Tourism President Elías Bendodo, said the “professionalism and Continue Reading

Benahavís is Richest Town in Málaga Province

Benahavís becomes richest town in Málaga

Rincon de La Victoria is no longer the richest town in the province of Málaga. The title has been snatched by Benahavís, a small hillside town just outside Marbella, which includes the exclusive developments of La Zagaleta and El Madroñal. Benahavís has increased its average gross revenue by 10% in just one year, to reach Continue Reading

Third Quarter Sees Rental Costs Rise

The price of housing for rent in Spain increased by 0.5% during the third quarter of 2017. This leaves the average price per square metre at 9.4 euros per month. The annual variation is +24%, according to the latest report from Idealista. Fernando Encinar, head of idealista studies, says “The end of summer brings with Continue Reading

Construction Worth Millions Approved in Marbella

Numerous properties will be built in Nueva Andalucía

The number of building permits issued by the Marbella council has increased over recent months. At a meeting earlier this week, the council approved licences for the construction of various real estate projects in the town which amount to 17 million euros. 90% of that capital will be invested in Nueva Andalucía in the construction Continue Reading

Property Sales Increased in August

Sales of Spanish property increased in August

There were 142,976 property transfers (sales/purchases, inheritance, exchange, donation) registered in the property records in August. This is 5.9% more than in the same month last year. This is yet another increase and adds further confirmation that the Spanish property market is recovering well from years of slowdown following the 2007 crisis. In terms of Continue Reading

Tourist Spending Increased in August

Tourists spend 10% more than last August

Total tourist spending in Spain by international visitors in August reached a staggering 11,342 million euros. This represents an increase of 10.3% when compared to the same month last year. The average spend per tourist also increased with visitors spending 1,088 euros each during their trip, up 6.1% from last year. The average daily spend Continue Reading

Spanish Property Prices Increased in Third Quarter

Spanish Property Prices Up in Q3

The price of housing in Spain increased by 2.3% during the third quarter of 2017. This leads to the average for a square metre rising to 1,590 euros, according to the latest price index from idealista. The annual variation is +3.7%. Fernando Encinar, head of idealist studies, says “The real estate market, both for sale Continue Reading