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

Category Archives: Marbella

Property Market Recovery from Lockdown Continues

Sales continue to increase following pandemic slowdown

In May, there was 184,608 property transfers registered in the property registrars. This is 142.7% more than in the same month of 2020. Of course, in May 2020 the country was in lockdown and real estate transactions ceased. In the case of property sales, May saw 97,744 transactions, an annual increase of 144.9%, according to Continue Reading

Cost of Renting in Spain Fell in May

Rental costs fell again in Many

In Spain, the price of rental housing increased by 0.2% on the monthly variation but fell by -4.5% when compared to the same month in 2020. This places the average price at €10.42 p/m² per month in May, according to data from the Fotocasa Real Estate Index. This last value (-4.5%) is the fourth decrease Continue Reading

Second-Hand House Prices Up in May

The Balearic Islands are the most expensive community

The average price of second-hand housing in Spain in May 2021 was 1,834 euros per square metre. This figure represented a rise of 0.88% compared to April, when the price per square metre was 1,818 euros. The rebound compared to May 2020 was 1.75%, since the average price a year ago stood at 1,802 euros Continue Reading

Average Rental Costs Fell in April

Rental price falls good for tenants

In Spain, the price of rental housing decreased by -0.5% on the monthly variation and by -5.6% interannually. This places the current average cost at €10.40 p/m² per month in April, according to data from Fotocasa. This last value (-5.6%) is the third decrease registered since February 2021 (-1.7%). “The rental market moves at different Continue Reading

Home Sales Up 32% in March

Homes sales in Andalucia increased 32.4%

The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020. In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%. 85.2% of the sales registered in March Continue Reading

Rental Returns Increased in First Quarter

Murcia offered investors the best returns

For an average home with a price of 178,395 euros and an average monthly rent of 958 euros, an owner saw a return of 11,496 euros gross per year, a gross return of 6.44%. During the first quarter of the year, there was an increase of more than six tenths compared to the same quarter Continue Reading

Slight Fall in House Prices in First Quarter

Prices fell -1.16% in the first quarter of 2021

Average second-hand house prices in Spain in March 2021 reached 1,699 euros per square meter. This figure represents a drop of -1.16% compared to December 2020. Year-on-year, the increase was 0.56%. The monthly variation when compared to February 2021 was -0.64%. The predictions for price falls that second-hand house prices would suffer due to the Continue Reading

Home Sales and Mortgages Decline in February

New mortgages fell 12.8% compared to last year

Data provided by the College of Property Registrars on the home sales and of new mortgages registered during the month of February confirms the downward trend and the impact on the market of the coronavirus pandemic. After the bad start seen in January, with the biggest drop seen in mortgages (-30.4%) and the return to Continue Reading

Spanish Home Sales Up in December

Property sales fell -17.7% across Spain

The number of property transfers registered in the property registers (from public deeds) in December 2020 was 150,891, which is 9.1% more than in the same month of 2019. In the case of registered property sales, the number of transfers is 76,516, with an annual increase of 7.2%. 84.3% of the sales registered in December Continue Reading

Rental Housing Price Increases Slowing

Average rental price is 10.65 euros/m² per month

The regular increase in the price of rental housing in Spain appears to be slowing with the smallest increase in six years seen at the end of 2020. The close of the year saw rental prices increase by only 4.6% to put the average cost per square metre at 10.65 euros per month. This increase Continue Reading