Home Purchases by Foreigners Up in 2019

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Tag Archives: 2019

Home Purchases by Foreigners Up in 2019

European buyers dominate sales to foreigners

In the second half of 2019, the sale of housing to foreign buyers increased by 0.5% year-on-year, according to figures released by the General Council of Notaries. Sales to foreign buyers recovered from the 3.2% decline which we saw in the first half of the year. Non-resident foreign buyers accounted for 42% of operations, a Continue Reading

Home Mortgage Borrowing Up in 2019

December saw a huge 43% increase in new mortgages

In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading

Renting Costs Increase Across Spain

Tenants need 5.1% more to rent in Spain

Renting a property finished 2019 5.1% more expensive than at the start of the year. The average price per square metre per month stood at €10.18 in December. This is the highest national average price since 2006, beating the previous high of €10.12 per square metre per month, which was seen in May 2007. Additionally, Continue Reading

Another Record Year for Malaga Airport

Over a million passengers came to Malaga for winter sun

2019 was another record year for Malaga Airport reaching three milestones. In its hundredth year of operation the airport handled 19,856,299 passengers, 4.4% more than in 2018 and the highest figure for any year since opening in 1919. The second significant milestone was to reach and exceed 400 million passengers served since opening, and also Continue Reading