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Category Archives: News

Price of Spanish Homes Fell in Second Quarter

Housing showed the first Q2 fall in four years

In Spain, the price of second-hand housing underwent a quarterly decrease of -0.7% in the second quarter of 2021 and a year-on-year increase of 0.5%. This places the average price at 1,883 euros p/m², according to data from Fotocasa. The quarterly decline (-0.7%) in property for sale is the first drop in this period after Continue Reading

Property Transfer Tax Reduced in Andalucia

A new flat rate of 7% will be welcomed

Some good news for property buyers recently announced is that the Andalusian government has approved a decree that includes a reduction in the Property Transfer Tax on the purchase and sale of second-hand homes. Previously, there were three rates set at 8%, 9% and 10% (depending on the property value) but these will now be 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

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

New Rental Decree Good For Tenants

Contracts will now default to 5 years

The Spanish Government have approved the new rental decree, following the failed attempt which was overturned by Congress in December. The decree went into effect on Wednesday, five days after receiving cabinet approval. At a time when affordable rental properties are becoming scarce, the decree from Pedro Sánchez’s government aims to add protection for tenants Continue Reading

82.8m Tourists Came to Spain in 2018

Spain received a massive 82.8 million tourists in 2018

Despite some commentators suggesting Spain was suffering from a drop in tourist numbers, 2018 ended up beating the previous year. Throughout the year, 82.8 million tourists came to Spain for their holidays, according to data from the INE. This is a 1.1% increase over 2017 and shows that Spain is still a number one tourist Continue Reading

Rental Costs Increase Slowed in 2018

Rental Costs Increase Slowed in 2018

The average price of rental housing in Spain closed 2018 with an annual increase of 1.8%, according to a report from fotocasa. This leaves the average cost per month at €8.30 p/m². This is the smallest increase registered in the last four years. It is the fourth consecutive year to see rental prices increase. In Continue Reading

New Housing Plan 2018-2021 Approved

Minister for Development, Íñigo de la Serna

The Spanish Government has approved the new Housing Plan 2018-2021, which includes aid for tenants and buyers. The effects will be retroactive from January 1st. According to the Minister of Public Works, Íñigo de la Serna, “it is a plan that tries to satisfy real needs and that is especially focused on young people, the Continue Reading

Third-Quarter Home Sales Highest Since 2008

Highest Q3 sales since 2008

The third quarter of the year saw a total of 121,561 homes sold in Spain, representing an increase of 16.7% when compared to the same period in 2016, according to data published by the Ministry of Development (Fomento). This is the highest number of Q3 home sales for nine years. To find a third quarter Continue Reading

Marbella For Sale Recognised for Professionalism

Marbella For Sale Recognised for Professionalism

After 10 years of serving our clients to the best of our abilities, it is nice to have our hard work recognised. Marbella For Sale were honoured to be nominated for, and win, an award from the Institute for Professional Excellence for “Recognition of Professional Work and Commitment to Excellence”. Our founder and managing director, Continue Reading