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Category Archives: Costa del Sol

Cost of Renting in Spain Fell in November

Cost of Renting in Spain Fell in November

The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading

Second-Hand Housing Prices Up in November

House prices up in November

The average price of second-hand housing in Spain increased by 0.7% in November, when compared to the previous month. This brings the average price per square metre to €1,861, according to data from fotocasa. Other than from April to May, all monthly increases throughout 2018 have been between 0.3 and 0.9%. Looking at the year-on-year 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

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

Luxury Property Stock Increasing

Luxury property is gaining ground in Spain

The luxury housing market is currently in good condition. There are more luxury properties on the market today than over the previous three years. 2.36% of second-hand homes currently on the market have an advertised sales price of over one million euros. This percentage exceeds that recorded in 2017 (2.22%), 2016 (1.92%) and in 2015 Continue Reading

Home Sales Increased in August

Home sales up in August

The total number of properties transferred in the property registers in August was 156,893. This represents 7.8% more than in the same month last year. 88.7% of purchases in August related to urban property and 11.3% were rural. In the case of urban properties, 58.5% were home purchases, amounting to 44,637 properties. On the monthly Continue Reading

Penthouse Apartments Most in Demand

Penthouse Apartments Most in Demand

The penthouse appears to be the most in-demand property on the housing market in Spain. Although ground floor flats have also rebounded, the penthouse is the most sought after. The average penthouse in Spain has a price of 275,735 euros, and a size of 118m². The same property in 2017 had an average size of Continue Reading

July Saw Busiest Day Ever at Malaga Airport

July 28th was the airports busiest day ever

Malaga-Costa del Sol Airport has handled 2.1% more passengers and 2.8% more flights between January and July this year than it did in the same period last year. Specifically, in the first seven months of the year, the airport has seen over 10.8 million passengers distributed across more than 80,000 flights. The bulk of the Continue Reading

Marbella Luxury Property Prices Rising

The price of luxury housing in Spain continues to go up. In particular, the Andalusian coast is one of the destinations that most seduce both international and local investors. This has led to luxury housing soaring in price, with the average luxury home in the coastal haven now above 2 million euros. The luxury sector Continue Reading

Used House Prices Up 2.7% in Second Quarter

Compared to Q2 2017, the increase is 7%

Second-hand house prices in Spain increased 2.7% during the second quarter of 2018. This rise puts the average cost of a square metre at 1,644 euros, according to the latest figures from idealista. Looking at the annual variation, the increase is 7%. Madrid, Barcelona and the Islands lead the ranking. “The recovery of the economy Continue Reading