BLOG

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

Category Archives: Investment

Spanish Property Market in Good Shape for 2018

Some cities suffer from lack of space for new builds

A report by pisos.com says the good performance of the Spanish property market has been clearly demonstrated by the statistics for 2017 and has continued to move in a positive direction throughout the year. Everything seems to indicate that prices, purchases, mortgages and new construction licences are in a state of stable growth and may Continue Reading

Spain’s Luxury Property Market is Thriving

Property over 1€ million is in demand

The demand for luxury residential property in Spain shows no signs of slowing down. There is more luxury property available and at higher prices than last year. Property portal pisos.com has analysed the luxury market and the results show that there has been a marked increase in volume of luxury property. 2.22% of second-hand properties Continue Reading

2017 Real Estate Investment Tops 8,950 million

Investment in residential property reached 1,180 million euros

The total volume of real estate investment in Spain (residential, office, retail, hotels) closed the third quarter of the year at around 8,947.4 million euros. This represents an increase of 40% over the same period in 2016. Additionally, this figure represents 94% of the total investment for the whole of 2016, which amounted to 9,564 Continue Reading

Construction Worth Millions Approved in Marbella

Numerous properties will be built in Nueva Andalucía

The number of building permits issued by the Marbella council has increased over recent months. At a meeting earlier this week, the council approved licences for the construction of various real estate projects in the town which amount to 17 million euros. 90% of that capital will be invested in Nueva Andalucía in the construction Continue Reading

Second Homes Account for 13% of Sales

39% were looking for second-hand housing

13% of house purchases in Spain are for second homes, according to the report “Profile of the second home buyer in Spain”, by fotocasa. Second homes are the second most popular reason for buying a property. The most popular reason is of course for a primary residence with 75% of sales being for that reason. Continue Reading

Record Sales to Foreigners in 2017

Foreigners bought 13.2% of property sold in 2016

In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading

Málaga To Create 1,000 New Homes

1,000 new homes will be built in Málaga

Malaga City Council has taken the first steps to creating a new urban development in the city. The project will create around 1,000 homes, most of which will be protected, although there will be free-rent properties included. The council has selected five projects which will now be put out to tender to developers. The project, Continue Reading

Marbella Property Market Looking Strong

Frontline Golden Mile is seeing huge demand

Since the recovery of the Marbella property market began to show in 2013 the preference has been for new homes with the latest designs, facilities and features. The market for resale property also recovered but lagged behind the demand for new property. The demand for older properties with “potential” in prime locations is also recovering Continue Reading

Huge Investment for Hotel Don Miguel in Marbella

Hotel Don Miguel New Plans

More good news for Marbella this month with the announcement that the Magna Hotels and Resorts Group plan to invest 70 million euros into the region to reopen the Hotel Don Miguel. The hotel was an emblem of tourism during the seventies and eighties which sadly closed its doors in 2004. The hotel is scheduled Continue Reading

W Hotels Coming to Marbella

Marbella's mayor attended the signing

Marbella’s new luxury hotel has taken a step closer. The mayor, José Bernal, and Minister for Tourism, Javier Porcuna, attended the signing of the agreement between Platinum Estates and the hotel group Marriott International Inc. for the development of W Hotels Marbella. Platinum Estates already own several successful hotels around the world which are managed Continue Reading