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

Category Archives: Buying

Big Increase in Home Sales in February

Big Increase in Home Sales in February

February 2022 saw a total of 198,895 properties transferred in the property registers. This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE. 86.8% of the purchases registered Continue Reading

Second-Hand Housing Price Increase in Q1

Housing prices up 0.3% in Q1

In the first three months of 2022, Spain has seen positive variations in the price of second-hand housing. The first quarter closed with a quarterly increase of 0.3%, and a year-on-year increase of 0.8%.This brings the average price of a second-hand home to 1,913 euros per square metre, according to data from Fotocasa. “Although the Continue Reading

2021 Saw 33% Increase in Property Sales

Sales of new homes grew 37.7% in 2021

The total number of properties transferred in the property registers in Spain in December 2021 reached 178,243, which is 17.6% more than in the same month of 2020. In the case of property sales, the number is 96,466, representing an annual increase of 26%, according to data from the INE. 86.4% of the purchases registered Continue Reading

Second-Hand House Prices Up 1.7% in 2021

Average property prices up for second year

The price of second-hand housing in Spain closed 2021 with an annual increase of 1.7%, with the average price in December at €1,907 p/m², according to data from Fotocasa. The annual increase in 2021 (1.7%) is the second consecutive increase following the fall seen in 2019 (-1.3%). “The price of second-hand housing remains very stable Continue Reading

Price of Second-Hand Housing Up in Q3

Second hand housing prices grew in Q3

At the end of the third quarter of the year, the price of second-hand housing in Spain stands at 1,892 euros/m². This represents a quarterly increase of 0.4% and a year-on-year rise of 2.5%. The quarterly increase (0.4%) is the first rise in this period after two years of declines which were caused primarily by Continue Reading

Property Market Recovery from Lockdown Continues

Sales continue to increase following pandemic slowdown

In May, there was 184,608 property transfers registered in the property registrars. This is 142.7% more than in the same month of 2020. Of course, in May 2020 the country was in lockdown and real estate transactions ceased. In the case of property sales, May saw 97,744 transactions, an annual increase of 144.9%, according to Continue Reading

Price of Spanish Homes Fell in Second Quarter

Housing showed the first Q2 fall in four years

In Spain, the price of second-hand housing underwent a quarterly decrease of -0.7% in the second quarter of 2021 and a year-on-year increase of 0.5%. This places the average price at 1,883 euros p/m², according to data from Fotocasa. The quarterly decline (-0.7%) in property for sale is the first drop in this period after Continue Reading

Property Transfer Tax Reduced in Andalucia

A new flat rate of 7% will be welcomed

Some good news for property buyers recently announced is that the Andalusian government has approved a decree that includes a reduction in the Property Transfer Tax on the purchase and sale of second-hand homes. Previously, there were three rates set at 8%, 9% and 10% (depending on the property value) but these will now be Continue Reading

Home Sales Up 32% in March

Homes sales in Andalucia increased 32.4%

The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020. In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%. 85.2% of the sales registered in March Continue Reading

Homes Sales Increased in February

Homes sales up 4.3% compared to January

In February, there was 178,240 properties transferred in the property registers, a fall of -8.6% when compared to February 2020. When compared to the previous month the variation is +16%, according to data from the INE. In the case of registered sales, there was 89,395, an annual decrease of just -2.5%. 86.0% of the sales Continue Reading