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

Monthly Archives: November, 2019

10% of Property Purchases Made For Investment

70% of investment buyers offer long-term rental

Over the last 12 months, purchases of housing as an investment represented 10% of the total sales transactions made in Spain. Sales of property for investment now make up the same amount as those transactions to purchase a second home, which also number 10% of the total. For comparison, the purchase of property for the Continue Reading

Cost of Renting Up in October

Moving to a new rental costs 2.4% more

In October, the price of rental housing in Spain increased 2.4% when compared to September. On a year-on-year basis the increase was 3.6%, bringing the average price per square metre per month to €9.81. Across the autonomous communities the most expensive rental property is found in Madrid and Catalonia, with average prices of €14.82 p/m² Continue Reading

October Another Busy Month For Malaga

October Another Busy Month For Malaga

Malaga-Costa del Sol airport saw 1.8 million travellers pass through in October, an increase of 0.6% when compared to the same month last year. The passengers moved on 13,152 flights, a slight drop (-1.6%). The majority of passengers moved on commercial flights (1,870,398). Of these, 1.6 million were on international flights, 0.6% more than in Continue Reading

British Still Most Numerous Foreign Buyers

Brits still dominate sales to foreign buyers

The sale of property to foreign buyers fell by 3.2% in the first half of 2019. Non-resident foreign buyers accounted for 41% of those transactions, a fall of 9.7%. Resident foreign buyers accounted for 59%, representing an increase of 1.9%, according to data from the General Council of Notaries. Purchases by foreign buyers varied greatly Continue Reading

Property Market Stable in September

Property Market Stable in September

There was 42,538 property sales/purchases in September, according to data from the General Council of Notaries. On the annual rate this figure is unchanged from the previous year. When compared to August the monthly variation is a fall of 4.8%. By type of housing, the sale of apartments showed a slight decrease of 1.2%. This Continue Reading

House Prices Continue to Rise in October

House prices continue to grow across Spain

The price of second-hand property in Spain increased by 0.1% in October, when compared to September. On a year-on-year basis the increase was 2.4%. This change brings the average cost per square metre to 1,892 euros, according to the fotocasa real estate index. This is the fifth consecutive October to show an annual increase. The Continue Reading