Here you will find news, views, events and information relating to real-estate in Spain.
The number of homes sold in October was 49,515, according to the General Council of Notaries. This represents an increase of 8.4% when compared to the same month last year. By type of property, the sales of flats showed an increase of 6.2%, while sales of single-family homes showed an increase of 16.5%, year-on-year. The Continue Reading
The number of new mortgage loans taken for homes in September was 32,457, representing a 9.5% annual increase. The average amount of the loans was 148,959 euros, 6.6% higher than in September 2017. The total value of the loans taken for urban property reached 6,365.2 million euros. This represents an increase of 16.7% when compared Continue Reading
The number of new mortgages taken on homes in August was 28,755, which is 6.8% more than in August 2017. The average amount borrowed was 122,424 euros, representing an increase of 9.8%, according to figures from the INE. The total value of mortgages taken on all urban properties was a massive 5,440 million euros, 11% Continue Reading
Over the last 12 months, the percentage of property buyers who needed a mortgage to purchase a home has increased form 71% in 2017, to 75% in 2018. 64% of those buyers were able to make their purchase with only a mortgage and their own savings, whereas 11% needed bank financing and family support. This Continue Reading
The total number of new mortgages approved in July was 137,766 euros. This represents a 0.6% fall when compared to the same month in 2017. Of those, 29,287 were mortgages for a home purchase, 14.6% more than July in the previous year. The total borrowed capital reached 5,407.3 million euros, 15.2% more than in the Continue Reading
July has given with one hand and taken with the other, as far as the property market is concerned. According to the General College of Notaries, the number of property sales and the number of new mortgages increased, while the average price decreased. In July, over 52,000 home purchases were recorded (52,014). This represents a Continue Reading
There were 30,600 new home mortgages approved in June. This represents an increase of 3.9% when compared to June in the previous year. The average amount of the new mortgage loans was 123,896 euros, an increase of 5.1%, according to the latest figures from the INE. The total amount of capital loaned in June reached Continue Reading
There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading
There were 27,724 new mortgages for home purchases in April, 34.2% more than in the same month of the previous year. The average amount of the new mortgages was 123,256 euros, according to the latest figures from the INE. The average amount showed an increase of 9.1%. when compared to April 2017. Compared to the Continue Reading
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
