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

Monthly Archives: November, 2018

Cost of Renting Increased Again in August

Cost of Renting Increased Again in August

The average price of rental housing in Spain increased in October by 1.4% to stand at 8.22 euros per square metre, according to figures from fotocasa. Year-on-year, the increase in the cost of renting a home in Spain increased by 2.7%. This increase continues the upward trend we have seen over the last 44 months, Continue Reading

Sales to foreign buyers continue to grow

Foreign buyers account for 18.7% of property sales

The number of sales of property to foreign buyers continued to grow in the first half of 2018, although the trend of double-digit growth has ended. Sales of Spanish properties to foreign buyers amounted to 53,359 transactions in the first six months of the year, representing an annual increase of 5.6%. These sales accounted for Continue Reading

Property Sales Continue to Increase

Property Sales Continue to Increase

The number of properties transferred in the properties register in September was 147,377. This is a 7.7% increase when compared to the same month of 2017, according to data from the INE. In the case of property sales, the number of operations was 83,583, which is an annual increase of 11.6%. 88.1% of the properties Continue Reading

New Properties are most expensive in Spain

New properties are the most expensive in Spain

The most expensive second-hand properties in Spain are those under five years old, with an average price of €258,024. This is quite interesting given that in 2017, these properties were the cheapest with an average price of €175,625. This is a 47% increase in the price of new properties in only one year. In fact, Continue Reading

Average house prices increased in September

Apartment sales suffered a fall of 1.1%

The number of urban property sales in September reached 41,519, according to the General Council of Notaries. This represents a slight year-on-year increase of 0.2%. By type of housing, the sale of apartments showed an annual variation of -1.1%. This fall was attributed to a fall in the sale of new properties, given that the Continue Reading

Brexit willl have “no affect” on Brits living in Spain

Borrell said "Brexit will not affect" Brits in Spain

With the Brexit negotiations continuing into their third year it is no surprise that expats in Spain are concerned about what any final deal will mean for their rights here in Spain. But despite little attention from the British Government, a ray of light seems to have been thrown on the subject from a rather Continue Reading

Used Property Prices Maintain Growth

Used Property Prices Maintain Growth

Average property prices of second-hand housing in Spain in October 2018 reached 1,656 euros per square metre. This represents a small monthly increase of 0.21%, when compared to September. Looking at the annual variation, the increase is 6.03% over the price seen in October 2017 (1,562 euros/m²). “Everything points to prices maintaining their upward trend,” Continue Reading

Almost 9m Tourists Visited in September

15 million Brits have visited Spain this year

Spain received almost 9 million international tourists in September, a slight increase of 0.9% when compared to the same month in 2017. The UK was once again the main emitting country, with more than 2.1 million Brits heading this way. This represents 23.6% of the total, while being 3.1% fewer than visited in September 2017. Continue Reading