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

Tag Archives: 2017

Sales to Foreign Buyers Increasing

Spanish property attracts foreign buyers

In the first half of this year, the purchase of free housing by foreign buyers increased by 13.4% year-on-year. The number of British buyers fell slightly as expected in the wake of the Brexit referendum and an uncertain future. However, the number of Chinese and continental Europeans buying in Spain increased, according to a report Continue Reading

Q3 Marks 10 Quarterly Price Increases

Evolution of house prices q3 2017

The average price of housing continues to rise in Spain but at a moderate pace. According to data from the Ministry of Development, the average price stood at 1,540 euros/m² at the end of September. This follows price increases of 0.7% quarter-on-quarter and 2.7% year-on-year. The third quarter of this year is therefore the tenth Continue Reading

2017 Real Estate Investment Tops 8,950 million

Investment in residential property reached 1,180 million euros

The total volume of real estate investment in Spain (residential, office, retail, hotels) closed the third quarter of the year at around 8,947.4 million euros. This represents an increase of 40% over the same period in 2016. Additionally, this figure represents 94% of the total investment for the whole of 2016, which amounted to 9,564 Continue Reading

Costa del Sol Has Best Summer Ever!

Costa del Sol had its best summer in 2017

The Costa del Sol had its best summer ever this year with over 7 million visitors and 7,000 million euros of expenditure to beat both previous records. These results summarise the general trend of summer tourism which has been steadily increasing over recent years. Costa del Sol Tourism President Elías Bendodo, said the “professionalism and Continue Reading

Third Quarter Sees Rental Costs Rise

The price of housing for rent in Spain increased by 0.5% during the third quarter of 2017. This leaves the average price per square metre at 9.4 euros per month. The annual variation is +24%, according to the latest report from Idealista. Fernando Encinar, head of idealista studies, says “The end of summer brings with Continue Reading

Property Sales Increased in August

Sales of Spanish property increased in August

There were 142,976 property transfers (sales/purchases, inheritance, exchange, donation) registered in the property records in August. This is 5.9% more than in the same month last year. This is yet another increase and adds further confirmation that the Spanish property market is recovering well from years of slowdown following the 2007 crisis. In terms of Continue Reading

Spanish Property Prices Increased in Third Quarter

Spanish Property Prices Up in Q3

The price of housing in Spain increased by 2.3% during the third quarter of 2017. This leads to the average for a square metre rising to 1,590 euros, according to the latest price index from idealista. The annual variation is +3.7%. Fernando Encinar, head of idealist studies, says “The real estate market, both for sale Continue Reading

Cost of Renting Increased 10% in August

Average rental cost increased 10% in August

The average cost of renting increased by 10% year-on-year in Spain in August. This is the third year-on-year increase over 10% in 2017, in addition to 30 consecutive months of annual growth, according to the latest data from fotocasa. The year-on-year variation recorded this month is the third highest recorded this year: in May it Continue Reading

Costa del Sol Q1 House Sales 2004-2017

Q1 Sales Graph - 2004 - 2017

According to the latest figures from the INE, July saw a 16.8% increase in the number of homes sold in Spain, when compared to the previous year. So, has the market stabilised? Are sales back up to pre-crisis levels? To try and answer those questions we take a brief look at the Q1 sales results Continue Reading

Cost of Renting Increased in Second Quarter

Rents in Marbella increased 11.6%

The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading