The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading
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Category Archives: Spain
Spanish Property Sales Continue to Accelerate
The number of Spanish property transfers recorded in the public register in June reached 196,206, 0.9% more than in the same month last year. In the case of property sales, the number was 108,085, an annual increase of 7.1%. 87.6% of the purchases registered in June correspond to urban property and 12.4% were rustic. In Continue Reading
Modelo 720 Fines Declared Null and Void
The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading
Rental Price Rises 2.40% in First Half
The average cost of renting a home in Spain was 10.22 euros per square meter at the end of the first half of the year. This figure marked a monthly decrease of -0.10% and a quarterly increase of 0.17%, half-yearly of 2.40% and interannual of 6.13%. According to Ferran Font, Director of Studies at piso.com, Continue Reading
Significant Increase in Property Sales in April
In April, there were 173,396 property transfers recorded in the property registers, 1.3% fewer than in the same month of 2021. In the case of property sales, there were 94,876 registered in April, an annual increase of 6.3%, according to data released by the INE. 86.3% of the purchases registered in April correspond to urban Continue Reading
House Prices Up Almost 5% in May
The average price of second-hand housing in Spain in the month of May 2022 was 1,923 euros per square meter. This figure represented a rise of 0.91% compared to April, when the price was 1,906 euros per square meter. The rise compared to May 2021 was 4.86%, since the average price of homes for sale Continue Reading
Homes Sales Up 25% in March
The total number of transferred properties registered in the property registers (from public deeds) in the month of March is 227,773, which is 13.1% more than in the same month of 2021. In the case of registered property sales, the number of transfers is 120,462, showing an annual increase of 20.9%. These figures further confirm Continue Reading
Big Increase in Home Sales in February
February 2022 saw a total of 198,895 properties transferred in the property registers. This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE. 86.8% of the purchases registered Continue Reading
Second-Hand Housing Price Increase in Q1
In the first three months of 2022, Spain has seen positive variations in the price of second-hand housing. The first quarter closed with a quarterly increase of 0.3%, and a year-on-year increase of 0.8%.This brings the average price of a second-hand home to 1,913 euros per square metre, according to data from Fotocasa. “Although the Continue Reading
Cost of Renting Increased in February
The cost of rental housing in Spain had an average monthly price of 10.11 euros per square meter in February 2022. This figure marked a monthly increase of 0.40%. In the year-on-year comparison it rose by 4.56%. According to Ferran Font, director of studies at piso.com, “the upward trend in rental prices continues to strengthen“. Continue Reading
