Here you will find news, views, events and information relating to real-estate in Spain.
Marbella had a record June in terms of the number of tourists visiting the area. Numbers increased by 30.5% when compared to June last year. The mayor of Marbella, José Bernal, described the figures, which were released by the National Institute of Statistics (INE), as “historical and an example that the policies of the local Continue Reading
There was an increase in housing sales in most of Spain’s autonomous communities in the first quarter of 2017. This is according to the latest figures released by the National Council of Notaries. In the first quarter, the sale of housing saw average national growth of 19.2% year-on-year. All the autonomous communities saw growth except Continue Reading
In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading
The recovery of the Spanish housing market continues to progress but at different speeds according to where you are. Varying changes to average property prices are being seen across the country. The national average price of finished housing (new and used) increased by 2.7% year-on-year in the second quarter of the year. The average cost Continue Reading
Coastal property is seeing a surge in prices of both property for rent and for sale. According to data released by pisos.com, rental costs increased by 13.57%, while property for sale increased by 19.84%, when compared to 2016. Although there are certain enclaves showing a greater recovery than others, generally all coastal areas are showing Continue Reading
Since the recovery of the Marbella property market began to show in 2013 the preference has been for new homes with the latest designs, facilities and features. The market for resale property also recovered but lagged behind the demand for new property. The demand for older properties with “potential” in prime locations is also recovering Continue Reading
Moody’s, a credit rating agency, expects property prices in Spain to rise by 4.7% per year up to 2019. However, the agency point out that the number of units sold is equally as important to the recovery of the housing sector. They point out that it is necessary to “decouple” the sale price from the Continue Reading
Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading
Málaga-Costa del Sol Airport closed the first quarter of 2017 with an increase in both passenger numbers and flight operations. When compared to the same period in 2016 there was an increase of 13.7% in passenger numbers, while the airport handled 12.9% more flights. Between January and March 2017, the airport handled 2,982,158 travellers and Continue Reading
February saw a total of 38,176 property sales/purchases, representing a year-on-year increase of 9.9%. By type of housing, the sale of flats showed an annual increase of 12.9%. The increase was lead mainly by the increase in sales of resale properties (+14.5%). In contrast, the number of new properties sold decreased by 1.7%, year-on-year. Single Continue Reading
