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

Category Archives: Málaga

Cost of Shared Homes Increased in August

Cost of renting a room up 2.7% in August

The average price of renting a room in a shared apartment in Spain rose 2.7% on the interannual variation and stood at 319 euros per month in August, according to a report from Fotocasa. “After the strong increases that we have been registering in recent years, in general, the rental market is tending to stabilize Continue Reading

Home Sales Increase Following End of Lockdown

Sales of second-hand property up 18.8%

In July, there was 144,522 property transfers registered in the property registers, 21.5% less than in the same month of 2019. However, compared to June 2020, the number of transfers increased by 28.6% showing that the lifting of some of the Covid restrictions is bringing life back to the property market. The total number of Continue Reading

Second-Hand House Prices Up 30% Since 2015

Prices in Palma de Mallorca are up 58%

The cumulative price of second-hand homes in Spain has increased by 15% over the last five years (since June 2015), according to data from property portal Fotocasa. “The price of second-hand housing at the end of 2019 suffered the first decrease in year-on-year prices following almost four years of uninterrupted increases. Since then, prices have Continue Reading

Property Market Shows Positive Signs in June

Buyers are coming back to the property market

As the country starts trying to get back to some sense or normality following lockdown, the property market recovered slightly. In June, there were 112,383 property transfers registered. Although this represents a 37.1% increase when compared to May, it is still 33% lower than in June 2019. When looking only at the sale of homes, Continue Reading

Rental Costs Fell in Second Quarter

Rental Costs Fell in Second Quarter

The price of rental housing in Spain experienced a quarterly decrease of -0.2% in June, the first drop in rental prices after six years of increases. However, the year-on-year price has risen by 9.1% to put the average cost per square metre per month at €10.82. “The price of rental housing in the second quarter Continue Reading

Housing Prices Up in Second Quarter

Spanish property prices up in Q2

The price of housing in Spain didn’t go down as expected in the second quarter despite the corona virus lockdown. In fact, prices increased by 1.6% when compared to the previous quarter. Year-on-year the average price went down by 1.9%, but this was nothing like the change that some experts were predicting during the national Continue Reading

COVID-19 Hits Sales Figures in March

Empty beaches, empty real estate offices!

Figures released by the INE this week reflect the predicted decline of property sales in March with an 18.6% fall. This followed the return to positive monthly variations in February after six consecutive months of falls. Of course, the fall in March is a direct result of the declaration of a state of alarm by Continue Reading

Property Buyers Looking Beyond Cities

Not much space available in Spanish cities

Over three weeks of being confined to your home can make you wonder if it really is your home. According to a study carried out by Idealista, since the state of alarm was declared in Spain, the number of property buyers searching for a home within the provincial capitals has dropped from 44.1% to 38.8%. Continue Reading

House Prices Down in First Quarter

House prices in Malaga fell 2.57% in Q1

According to a quarterly report from pisos.com, the average price of second-hand housing in Spain in March was 1,690 euros per square metre. This represents a decrease of 1.25% when compared to December 2019. Year-on-year, the fall is slightly smaller at -0.61%. When comparing March to February, the contraction is -0.89%. “The trend towards a Continue Reading

Small Increase in House Prices in February

Palma de Mallorca saw prices grow 7.90%

The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading