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

Category Archives: Andalucía

Spain Saw an Increase in Tourism in June

Spain Saw an Increase in Tourism in June

Spain’s economy received a boost in June thanks to a 3.2% increase in international tourists, with 8.8 million visitors. The UK was once again the main source of these visitors with almost 2.1 million Brits choosing to visit Spain. This represents a massive 23.3% of the total tourists received in June, and is 5.3% more Continue Reading

Home Sales Slowed Across Spain in June

Home Sales Slowed Across Spain in June

In June, there were 81,218 property sales recorded in the property registers, 7.7% less than in the same month last year. 86.9% of the sales were for urban properties, with 13.1% being rural. In the case of urban, 58.1% were home sales. The number of rural property sales fell by 10.7% in June on the Continue Reading

Home Mortgage Borrowing Up 16%

Home Mortgage Borrowing Up 16%

In May this year there were 34,883 new mortgages registered for housing purchases in Spain, 11.2% more year-on-year. The total borrowed capital for the new home loans reached a massive 4,330.1 million euros, an annual increase of 16.8%, according to data from the INE. Interest Rates Looking at all new mortgages taken in May, the Continue Reading

High Demand for Housing in Andalusia

Home Mortgage Borrowing Up 16%

Over the last 12 months, demand for housing in Andalusia has increased by 20%, according to a report by fotocasa. In 2019 up to 28% of those over 18 years of age living in Spain have taken action related to the purchase or rental of a property in Spain. This is 22% higher than the Continue Reading

Property Sales Up Slightly in May

Brits made up 14.75% of foreign sales

There were 191,875 property transfers in May, which is 4.4% higher than in the same month last year. This is according to the latest data from the INE. In the case sales of properties in the property registers, there were 96,186, an annual increase of 3.1%. 85.9% of the sales in May correspond to urban Continue Reading

Average Mortgage Value Increased in April

Average Mortgages Value Increased in April

The number of new mortgages taken on homes in April was 29,032, which is 0.1% less than in April 2018. The average amount of the loans was 124,655 euros, an annual increase of 0.7%, according to data from the INE. The total capital loaned on properties in April reached 5,325.6 million euros, a 2.6% fall Continue Reading

High Net Worth Investors Flocking to Malaga

Beautiful Málaga, popular with buyers and tourists

Malaga, the capital of the Costa del Sol, has edged its way into the list of the most desirable places to buy a house. Thanks to its climate, museums, culture and accessibility, the city has become a magnet for investors and homeowners. Home buyers in Malaga are both national and international. British, Scandinavian, Belgian and Continue Reading

6.4 Years Salary to Buy a Home in Spain

The cost of living in Spain grew 1% in 2018

The cost of living in Spain continues to grow as seen in the change in the annual CPI which, in 2018, grew by 1%. And when it comes to housing, the variation followed the same trend. According to a report from Fotocasa and InfoJobs, in December 2018 the average cost of rental housing in Spain Continue Reading

Increase in Passengers and Flights at Malaga

Increase in Passengers and Flights at Malaga

As the mercury rises, so does the number of visitors to the Costa del Sol. Thus, in May, Malaga Airport saw almost 2 million passengers travelling on almost 14,000 flights! Specifically, the airport handled 1,914,220 passengers in May, an increase of 4.2% when compared to the same month in 2018. Travellers moved on 13,988 flights, Continue Reading

Andalucía Most Popular for Holiday Homes

26% of Spain's holiday homes are in Andalucia

81% of owners of a home in Spain say they would not put their homes into the holiday rental market, while only 16% said they would consider it. The other 3% say they already have their property available for short-term rentals, according to a report from fotocasa. These numbers are very similar to 2018, meaning Continue Reading