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

Monthly Archives: September, 2019

Cost of Renting a Studio Rising Fastest

Studio prices in Murcia are up 25%

When looking to rent an apartment, tenants usually look at the rental prices, the number of rooms and the m². Over the last year, the prices of rental apartments have varied a great deal according to the number of bedrooms in the main provincial capitals. In the second quarter of this year, there have been Continue Reading

Property Prices Remaining Stable in 2019

Property Prices Remaining Stable in 2019

During the first six months of this year the average price of housing has grown 0.1% to stand at 1,637 euros p/m² in June, according to the Ministry of Development. The year-on-year increase in the second quarter reached 3.1%, led by the communities of Madrid (+5.2%), the Balearic Islands (+5%), and Catalonia (+4.3%). The quarterly Continue Reading

Cost of Renting Drops in August

Cost of Renting Drops in August

The price of rental housing in Spain fell again in August with owners now asking 0.5% less than in July. However, when compared to August 2018, prices have actually risen by 7.7%. This brings the average cost per square metre to €8.50 p/month. Shockingly, this national average is a massive 39% lower than the average Continue Reading

Malaga Airport – Busiest August in 100 Years

Malaga Airport - Busiest August in 100 Years

Malaga-Costa del Sol Airport had a record-breaking August, the busiest since its creation 100 years ago. Over 2.2 million passengers passed through in August, 4.1% more than in the same month in 2018. Both foreign and domestic numbers increased, according to data from airport operator AENA. The bulk of users travelled on commercial flights (excluding Continue Reading

Slowdown in Property Sales in July

New property sales fell 33.1%

In July, there were 46,015 housing sales, an interannual fall of 20.8%, according to a report from the General Council of Notaries. By type of housing, there was a 21.6% year-on-year fall in the sale of apartments, while sales of single-family homes fell by 17.5%. The falls were due to a fall of 33.1% in Continue Reading

Second Hand Property Prices up in August

Second Hand Property Prices up in August

In August, the average price of second hand property in Spain fell by 0.5% when compared to the previous month. Year-on-year the price increased by 3%, bringing the average price to €1,891 p/m², according to data from the fotocasa price index. With this annual increase, this is the third August in a row to see Continue Reading

Nearly 10 Million Tourists Hit Spain in July

Nearly 10 Million Tourists Hit Spain in July

In July, Spain received a massive 9.9 million international tourists. Although that sounds like a lot, it is actually a 1.3% drop compared to July last year. The UK remained as the main source of visitors, with almost 2.2 million Brits heading to Spain for their summer break. Brits represent 21.9% of the total, although Continue Reading

Rental Prices Moderating Across Spain

Rental Prices Moderating Across Spain

The average cost of renting a property in Spain increased by just 0.3% in July to stand at €8.54 p/m² per month. This brings us close to the price seen in December 2009 when the average was €8.55 p/m² per month. On a year-on-year basis, the price of rental housing increased 2.1% and continues to Continue Reading