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Tag Archives: 2018

Property Sales Slowed in March

Sales of new property fell 4.6% in March

The number of property transfers registered in the property registers in March was 157,047. This represents a decrease of 7.8% when compared to March in 2017. Of those transfers, 81,303 were property sales, an annual decrease of 5.4%. 84.8% of those property sales were urban properties, with the remaining 15.2% being rural. In the case Continue Reading

Tourist Numbers Up in March

The Canary Islands attracted most visitors in March

Spain received 5.4 million international tourists in March, 9.6% more than in the same month in 2017, according to figures from the INE. The UK was the main source of travellers in March with 1.2 million Brits visiting. This represents 22% of the total international travellers. It also represents an increase of 5.6% when compared Continue Reading

Average Rental Prices Increased During Q1

Rents increased 1.3% compared to February

At the close of the first quarter, rental prices had increased by 3.72%, when compared to the close of the previous quarter. This brought the average price to 780 euros. When compared to February, the increase is 1.3%. Compared to the same period in 2017, the increase is 15.56%, according to the latest data from Continue Reading

4.2 Million Tourists Visited Spain in February

4.2 million tourists visit Spain in February

4.2 million international tourists visited Spain in February, 2.6% more than in the same month in 2017. The UK was, as usual, the main source of visitors with 865,316 people heading to Spain from the British Isles. This accounts for 20.5% of the total visitors but also represents 5.9% fewer Brits when compared to February Continue Reading

Málaga Airport Sees Passenger Numbers Rise

Almost a million passengers in February

Málaga Airport handled 5.4% more passengers in February and 4.2% more flights than in the same month last year. Almost a million passengers (963,939) passed through on 7,671 flights, according to airport network AENA. The bulk of the passengers moved on commercial flights. Of these, 785,467 travelled on international flights, representing growth of 2.8%, when Continue Reading

Cost of Renting Increased Again in January

Year-on-Year Variations in January by Autonomous Community

The cost of renting housing in Spain increased by 3.5% in January to stand at €8.44 p/m² per month. This is the largest monthly increase since March 2007 when the monthly variation was 6.3%. On a monthly basis, the cost of renting increased in 15 communities and decreased in two. The highest increase was recorded Continue Reading

Used Property Prices Still Increasing

Prices increased 1.1% in Malaga, in January

It’s February already! How did that happen? All pointers at the end of last year suggested we would see a good 2018 and it has certainly started well. Used property prices in Spain registered a monthly increase of 0.7%, to stand at 1,597 euros p/m². When compared to January last year (1,508 euros p/m²), the Continue Reading

Andalucía Expects 30 million Tourists in 2018

Susana Díaz at Fitur, 2018

President of the Junta de Andalucia, Susana Díaz, opened the Andalucía section of the Fitur international tourism fair by announcing the regions greatest tourism results. As mentioned in a previous article, 2017 saw the region’s best year in terms of tourist numbers. Although no official figure has been released, it seems likely that the total Continue Reading

2017 Was “Spectacular” For Costa del Sol Tourism

12.5 million tourists hit the Costa del Sol

The Costa del Sol had a “spectacular tourist year” in 2017, according to the President of Costa del Sol Tourism, Elías Bendodo. In a press conference on Thursday morning, Bendodo expressed his delight at figures showing 9.5% growth in tourist revenues for the holiday-hotspot. Bendodo said “the record figures follow the general trend of Spain, Continue Reading

Spanish Property Market in Good Shape for 2018

Some cities suffer from lack of space for new builds

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