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

Monthly Archives: November, 2017

Costa del Sol and Malaga Tourism Breaking Records

Autumn on the coast is signified by a few clouds

During the month of October more than 30 million overnight stays were recorded in hotel establishments across Spain. This represents an increase of 1.1% when compared to the same month of 2016. Overnight stays of travellers’ resident in Spain decreased by 2.2%, while those of non-residents increased 2.6%. The average stay decreased by 0.9% compared Continue Reading

Sales to Foreign Buyers Increasing

Spanish property attracts foreign buyers

In the first half of this year, the purchase of free housing by foreign buyers increased by 13.4% year-on-year. The number of British buyers fell slightly as expected in the wake of the Brexit referendum and an uncertain future. However, the number of Chinese and continental Europeans buying in Spain increased, according to a report Continue Reading

Q3 Marks 10 Quarterly Price Increases

Evolution of house prices q3 2017

The average price of housing continues to rise in Spain but at a moderate pace. According to data from the Ministry of Development, the average price stood at 1,540 euros/m² at the end of September. This follows price increases of 0.7% quarter-on-quarter and 2.7% year-on-year. The third quarter of this year is therefore the tenth Continue Reading

Mortgage Clause Claims Exceed Expectations

The courts are overwhelmed by the number of claims

The provincial courts that were created at the beginning of summer to handle the barrage of lawsuits against banks for abusive mortgage clauses are receiving around 1,000 cases per day. According to the data handled by the General Council of the Judiciary (CGPJ), between January 1st and November 5th, the 54 courts have registered a Continue Reading

Passenger Numbers Up 7.1% in October

Almost 2 million passengers in October

Málaga Costa del Sol Airport closed October having handled a 7.1% increase in passenger numbers and 7.5% more flight operations than in the same month in 2016. The month saw 1,833,589 travellers and 13,007 flight operations, both impressive numbers for the month of October. This is according to the latest figures from airport network operator Continue Reading

Home Sales Increased 11% in September

18.3% of sales in September were for new property

The number of property transfers registered in the property registers in the month of September was 135,170. This is 1.8% more than in the same month in 2016, according to the latest data from the INE. Of those, the total number of property sales/purchases was a little over 74,000, an annual increase of 7.6%. 86.6% Continue Reading

Tourists Still Flooding to Spain in September

Close to 9 million tourists arrived in September

As one of the busiest summers ever drew to a close Spain was still attracting the tourists with over 8.8 million visitors arriving in September. This is an increase of 11.4%, when compared to the same month last year, according to the latest data from the INE. As usual, the UK was the main emitting Continue Reading

Property Prices Fell Slightly in October

Prices are up 3.2% compared to last year

Used property prices fell in Spain showing a decrease of 1.8% during October, to stand at an average of 1,562 euros per square metre. Only seven provinces saw prices increase with Madrid leading with a small increase of just under 1%. The national year-on-year variation was +3.2%, according to data from idealista. Autonomous Communities Second-hand Continue Reading