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

Category Archives: Málaga

Second-Hand Property Prices Up in January

Madrid and Basque Country are most expensive

In Spain, the monthly variation in the price of second-hand housing decreased by -0.1% in January. The year-on-year variation increased by 1.8%, bringing the average price to 1,874 euros/m², according to data from the Fotocasa. This last value is the third year-on-year rise in house prices after 11 months of year-on-year falls (from December 2019 Continue Reading

Price of Used Housing Increased in November

Madrid is most expensive community for housing

Used house prices in Spain increased by 1% when compared to the previous month to reach an average price of 1,877 euros p/m². The annual variation of +0.7% is the first monthly interannual increase following 11 months of year-on-year drops (since December 2019). “The market for housing for sale has been very dynamic and agile Continue Reading

Drop in Foreign Buyers in First Half of 2020

First half of 2020 saw loss of foreign buyers

The sale of housing to foreign buyers suffered greatly during the early stages of lockdown resulting in a negative variation in the first half of 2020. Notaries recorded 37.4% fewer transactions than in the same half of the previous year. For the first six months of 2020, home purchases made by foreign buyers accounted for Continue Reading

Housing Sales Increased in September

Andalucia saw a 6.5% increase in home sales

Property sales in Spain showed an annual increase of 5.4% in September, rising to 79,157 sales. Sales of housing reached 37,839 transactions. This shows a -1.1% reduction when compared to September 2019. However, on the monthly variation, home sales increased 20.5% when compared to August 2020, according to figures from the INE. 83.7% of the Continue Reading

Renting Cost Continues to Rise in Spain

Cost of renting up in October

The price of rental housing in Spain increased by 0.1% in October, when compared to the previous month. When compared to the same period in 2019, the variation is +9.6%. This brings the average monthly cost of renting a home in Spain to €10.75 p/m². This is the fifth consecutive annual increase and also the Continue Reading

Second-Hand House Prices Up in October

Average price per m in Andalucia is 1,642€

In October, the price of second-hand housing in Spain increased by 0.8% when compared to the previous year, and fell by 1.7% when compared to September. This puts the average price of second-hand housing at 1,859 euros p/m². This marks the eleventh monthly fall. The most recent positive monthly variation was seen in November 2019. Continue Reading

Cost Of Rental Homes Down in Q3

Renting cost fell in 12 autonomous communities

In Spain, the price of rental homes experienced a quarterly decrease of -0.7% at the end of the third quarter and an annual increase of 12%, placing the average price at the end of September at 10.74 euros per square meter per month. This last year-on-year increase represents the sixth increase in this period after Continue Reading

Home Sales Down 12% in August

New Home sales increased 6.4% in August

In August, the number of home sales in Spain fell by 12.1% when compared to August 2019. Considering what the country has been through in recent months this is not a big fall and is far smaller than many expected. This also shows that the property market is resilient and is recovering well from the Continue Reading

Pandemic Affecting House Prices in Q3

Madrid is the most expensive community for housing

The price of second-hand housing in Spain saw a fall of 1.5% during the third quarter of 2020, and a 2.4% fall year-on-year in September. This places the average cost per square metre at 1,845 euros, according to new figures from fotocasa. This is the first third-quarter fall for three years following increases of 4.8% Continue Reading

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