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

Category Archives: Property Market

Home Sales Slowed Across Spain in June

Home Sales Slowed Across Spain in June

In June, there were 81,218 property sales recorded in the property registers, 7.7% less than in the same month last year. 86.9% of the sales were for urban properties, with 13.1% being rural. In the case of urban, 58.1% were home sales. The number of rural property sales fell by 10.7% in June on the Continue Reading

Coastal Property Prices Still Increasing

Coastal Property Prices Still Increasing

The price of homes along the Spanish coast grew by 5.7% during the last 12 months, reaching an average cost per square metre of 1,727 euros, according to a report from idealista. The price of coastal homes on the Costa del Sol grew the most with an increase of 9.9%. In 2018, a Costa del Continue Reading

High Demand for Housing in Andalusia

Home Mortgage Borrowing Up 16%

Over the last 12 months, demand for housing in Andalusia has increased by 20%, according to a report by fotocasa. In 2019 up to 28% of those over 18 years of age living in Spain have taken action related to the purchase or rental of a property in Spain. This is 22% higher than the Continue Reading

Cost of Renting Increased in April

Renting is 0.8% more expensive in Spain since May

In April, the cost of renting a home in Spain registered a monthly increase of 0.8% to put the average cost per square metre at 8.54 euros per month. This price returns us to figures similar to those seen in December 2009, when the price stood at 8.55 euros/m² per month. Looking at the annual Continue Reading

6.4 Years Salary to Buy a Home in Spain

The cost of living in Spain grew 1% in 2018

The cost of living in Spain continues to grow as seen in the change in the annual CPI which, in 2018, grew by 1%. And when it comes to housing, the variation followed the same trend. According to a report from Fotocasa and InfoJobs, in December 2018 the average cost of rental housing in Spain Continue Reading

Housing Sales Slowed in April

Housing Sales Slowed in April

The number of properties transferred in the property registers in April was 170,518. This is 4.8% more than in the same month of 2018. However, looking only at the number of housing sales (41,049) there was a drop of 3.1%. This fall was led by the drop in the number of second-hand homes (33,368) which Continue Reading

New Property Sales Rebound in April

New Property Sales Rebound in April

In April, there was 50,172 property sales, an annual increase of 1.06%, according to data from the General Council of Notaries. The increase was due exclusively to the considerable increase in the sale of new properties (+18.6% year-on-year), while there was a drop in sales of second-hand properties (-1.6%). The sale of single-family homes increased Continue Reading

Used Property Prices Up Slightly in May

Used Property Prices Up Slightly in May

The price of used housing in Spain registered a monthly increase of 0.2% during May, according to data from idealista. This brings the average cost per square metre of used housing to 1,712 euros. Compared to May 2018, the annual variation is +5.8%, nationally. The cities of Palma, Granada (both with +1.9%), and Santa Cruz Continue Reading

Mortgage Borrowing Increased in March

Mortgage Borrowing Increased in March

The number of new mortgages approved in March reached 30,716, an annual increase of 15.8%, according to data from the INE. The average amount of those home loans was 125,341 euros, an annual increase of 3.9%. The total capital loaned for the purchase of a home in March reached 3,850 million euros. This represents an Continue Reading

Foreign Buyers Still Flocking to Spain

Foreign Buyers Still Flocking to Spain

During the second half of 2018 there were 50,249 property sales to foreign buyers, an interannual increase of 1.4%. Furthermore, the figure represents 18.2% of the total purchases and sales made during those six months, according to the General Council of Notaries. Between July and December transactions carried out by foreign buyers were concentrated in Continue Reading