Here you will find news, views, events and information relating to real-estate in Spain.
Malaga Airport broke records in 2017 with the highest number of passengers as well as the number of flight operations, according to airport network operator AENA. Over the course of the year, Málaga airport staff handled 18,628,786 passengers, an increase of 11.7% over 2016, almost 2 million more passengers. This is the most passengers dealt Continue Reading
The Tinsa IMIE General Index and Large Markets, which is calculated from the appraisals of finished housing (new and used), collects each month the interannual variation of the value of a m² of property and its level with respect to 2001 (base 1,000) in five representative areas that make up the housing market: “Capitals and Continue Reading
International tourists visiting Spain in November spent a staggering 4,638 million euros while there were here. This represents an increase of 10.3% when compared to tourist spending in the same month in the previous year. The average expenditure per tourist was 1,054 euros, an annual increase of 2.7%. Tourists also spent slightly more on a Continue Reading
The cost of renting housing in Spain experienced a rebound in 2017 and ended the year with an annual increase of 18.4%. This leaves the average cost per month at 9.7 euros per square metre. The fourth quarter of the year saw a slowdown in the pace of growth as prices only increased by 3.3% Continue Reading
The price of used housing in Spain registered a small year-on-year increase in 2017. Prices rose 2.4% in the last 12 months to reach an average of 1,586 euros/m². Fernando Encinar, head of idealista studies, said “If 2016 was a turning point in the evolution of the market, in 2017 we would have to talk Continue Reading
The number of new home mortgage approvals in October was just short of twenty-five thousand (24,706). This is 8.2% more than in the same month in 2016. The average amount of the new mortgages was 120,628 euros, an annual increase of 9.2%. The value of mortgages for urban property reached a massive 4,824.9 million euros. Continue Reading
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
Andalusia, Valencia and Catalonia accounted for more than half of housing foreclosures during the summer of 2017. The number of foreclosures on “personas fisicas” (property owned by an individual) continues to fall with the third quarter seeing only about 1,600 cases. This is almost half as many as were seen in the previous quarter. On Continue Reading
A report by pisos.com says the good performance of the Spanish property market has been clearly demonstrated by the statistics for 2017 and has continued to move in a positive direction throughout the year. Everything seems to indicate that prices, purchases, mortgages and new construction licences are in a state of stable growth and may Continue Reading
During the month of October more than 30 million overnight stays were recorded in hotel establishments across Spain. This represents an increase of 1.1% when compared to the same month of 2016. Overnight stays of travellers’ resident in Spain decreased by 2.2%, while those of non-residents increased 2.6%. The average stay decreased by 0.9% compared Continue Reading
