Used Property Prices Up 8.5% on Last Year

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

Category Archives: Málaga

Used Property Prices Up 8.5% on Last Year

The price of second-hand housing in Spain fell by -0.7% in August. Compared to the same month in 2023, the price increased by 8.5%. This brings the average cost per square metre to 2,327 euros. This last year-on-year value (8.5%) is the second highest increase in the last 12 months. Spain has gone from a Continue Reading

Top Reasons to Invest in Marbella Real Estate

Marbella, a gem on Spain’s Costa del Sol, has long been a magnet for property investors and holidaymakers alike. Its allure stems from a combination of stunning landscapes, a vibrant lifestyle, and a promising investment climate. As of 2024, investing in Marbella real estate remains a highly attractive proposition. Here are the top reasons why: Continue Reading

How to Finance Your Property Purchase in Marbella

Marbella, with its stunning coastline, luxurious lifestyle, and warm climate, has long been a magnet for property buyers from around the globe. Whether you’re looking for a holiday home, a retirement paradise, or an investment opportunity, understanding how to finance your property purchase in Marbella is crucial. Here’s a comprehensive guide to help you navigate Continue Reading

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading

Sales of Homes in Spain Slowed in May

May saw a total of 200,906 property transfers registered, a fall of 5.4% than in the same month in 2022. Of those transfers, 109,714 related to property sales, an annual decrease of 7%, according to data from the INE. 86.8% of the sales registered in May correspond to urban properties and 13.2% to rustic ones. Continue Reading

Second-Hand Property Prices Rise in Q2

During the first six months of 2023, second-hand property for sale in Spain has seen a year-on-year increase in price, closing the second quarter with a 10.8% change. The quarterly increase was 2.1%. This brings the average cost per square metre to 2,146 euros. “The increase in the price of second-hand housing at the year-on-year Continue Reading

Home Sales Slow While Prices Increase

The latest data from the INE shows that property sales in Spain fell by 8.1% in April, when compared to the previous year. 86.5% of those property sales correspond to urban properties, of which, 57.9% were sales of homes. The sales of all urban properties fell 8.2% while sales of rustic property also fell, dropping Continue Reading

Buying a New Property or a Resale Property

The Costa del Sol offers a wide range of properties to suit all tastes

Planning to buy a property on the Costa del Sol? Choosing between a resale property and a new one is a crucial decision. Below, we’ll explore the pros and cons of each option to help you make an informed choice that suits your preferences and needs. Resale Properties Pros: Established Locations: Resale properties on the Continue Reading

Rental Prices Breaking Records

In Spain, the price of rental housing in April once again broke historical records, standing at €11.55/m² per month. This situation, which has been repeating itself since May 2022, has led the price not only to break records, but also to exceed the price recorded during the 2007 real estate bubble, by 14.1%, according to Continue Reading

Property Prices in Málaga Exceed 2007 Records

The city of Málaga has once again seen records broken in both the prices of property sales and rental markets. Málaga capital closed February with an average cost per square metre of €2,932, while in January, the average rental price reached €13.52 p/m². Both of those average prices exceed the highest prices seen in 2007 Continue Reading