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

Monthly Archives: September, 2018

Penthouse Apartments Most in Demand

Penthouse Apartments Most in Demand

The penthouse appears to be the most in-demand property on the housing market in Spain. Although ground floor flats have also rebounded, the penthouse is the most sought after. The average penthouse in Spain has a price of 275,735 euros, and a size of 118m². The same property in 2017 had an average size of Continue Reading

Rental Costs Fell in August

Rental Costs Fell in August

The average price of rental housing in Spain decreased by 2.2% in August, to stand at €7.89 per square metre, per month. This year-on-year decrease is the first fall in rental costs recorded since March 2015. Back then, average rental prices began to increase and recorded 41 consecutive months of increases. “This year-on-year fall in Continue Reading

Passenger Numbers Break Records at Málaga Airport

Passenger Numbers Break Records at Málaga Airport

Over the first eight months of this year, Malaga Airport has handled a massive 13 million passengers. This represents an increase of 1.3% when compared to the same period last year. The increase was driven largely by significant growth in domestic traffic which recorded double-digit growth. The number of flights also increased with 2% more Continue Reading

Home Sales Increased in July

The total number of properties transferred in the property registers in Spain in July was 169,683. This represents an increase of 14.5% when compared to the same month in the previous year, according to the latest data released by the INE. 87.8% of the purchases in July relate to urban property, while the remaining 12.2% Continue Reading

Property Sees Ups and Downs in July

Property Sees Ups and Downs in July

July has given with one hand and taken with the other, as far as the property market is concerned. According to the General College of Notaries, the number of property sales and the number of new mortgages increased, while the average price decreased. In July, over 52,000 home purchases were recorded (52,014). This represents a Continue Reading

Property Prices Appear Stable in August

Property Prices Appear Stable in August

Second hand property prices in Spain registered a slight increase in August, rising 0.4% to reach an average of 1,697 euros per square metre. Looking at the costs last August, the year-on-year increase is +9.2%, according to data from idealista. Property prices appear to have stablilised following years of significant increases. We are still seeing Continue Reading

Spain Received 10 Million Tourists in July

Spanish streets were filled in July

Despite a handful of scaremongering articles suggesting Spain’s tourism market is under threat, Spain dealt with 10 million international tourists in July, 4.9% less than in the same month last year, according to data from the INE. This is not a huge drop and is easily explained. For a few years, following terror attacks, Turkey, Continue Reading

Home Mortgage Approvals Up 3.9%

Home Mortgage Approvals Up 3.9%

There were 30,600 new home mortgages approved in June. This represents an increase of 3.9% when compared to June in the previous year. The average amount of the new mortgage loans was 123,896 euros, an increase of 5.1%, according to the latest figures from the INE. The total amount of capital loaned in June reached Continue Reading