Malaga has been named as the best city for an urban getaway by Forbes magazine. This is a list that excludes capital cities. The magazine said “Visit for yourself and you’ll soon see why the world’s eyes are turning to this stunning corner of Andalucia.” The list included over 400 cities from 89 countries with Continue Reading
Malaga Ranked as Top Getaway Destination
Here you will find news, views, events and information relating to real-estate in Spain.
Category Archives: Málaga
Second Hand House Prices up 5.6% in 2022
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
Spain Tops List of Countries For Expat Retirees
Spain has once again been named as the best destination to retire for Brits over 50, the 10th consecutive year. A new survey by Canada Life shows that despite Brexit and the pandemic almost half of those polled said they were considering moving to sunny Spain for their retirement. For the first time, Portugal has Continue Reading
Cost of Renting Reaches Historical Highs
The price of rental housing in Spain increased by 0.9% in July, when compared to the previous month. When compared to the same month in the previous year, rental prices have increased 7.4%. This brings the average cost per square metre to €11.21. The average cost exceeded €10 per square metre some 33 months ago, Continue Reading
Modelo 720 Fines Declared Null and Void
The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading
Cost of Renting Up 5% Since Last April
The monthly cost of rental housing in Spain had an average monthly price of 10.17 euros per square meter in April 2022. This figure marked a monthly rise of 0.30%. In the year-on-year comparison it increased by 5.18%. According to Ferran Font, Director of Studies at piso.com, “The upward trend in monthly rental payments is Continue Reading
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
2021 – Sale and Rental Markets Recover Well
Real estate sales figures for October 2021 show a monthly fall of 13.4%, but a year-on-year increase of 22.2%. This growth rate is the best October for 14 years. For the eighth consecutive month, the number of sales transactions in Spain show very high interannual increases. This is a sign that the sector continues to Continue Reading
