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Tag Archives: 2019

Spain Received 5.6 million Tourists in March

Spain Received 5.6 million Tourists in March

Spain received 5.6 million international tourists in March, 4.7% more than the same month in 2018. According to the INE data, the UK was the main country of residence for March’s visitors. More than 1.1 million Brits arrived representing 19.7% of the total. However, the figure was 6.2% lower than in March last year. German Continue Reading

Rental Costs Increased in First Quarter

Rental Costs Increased in First Quarter

The average rental price in Spain increased 2.1% in the first quarter of 2019. In March, the average cost for renting a home was 8.47 euros p/m², according to data from fotocasa. “The average rental price continues to rise, but at a more moderate pace than what we were used to and with very different Continue Reading

Pace Slowing but Spanish Property is Still Selling

Pace Slowing Still Property Sales

Statistics recently released indicate that in Spain the number of properties sold in January compared to last year only rose by a small amount. Indications from the Spanish Land Registrar show 42,850 properties were sold in the January this year, which is only marginally more than the 42,745 sold in January 2018. The smaller property Continue Reading

Quarter of Visitors to Andalucia Came From the UK

Quarter of Visitors to Andalucia From UK

Spain has had a good start to the year in terms of tourism. Over 4 million international visitors came here in February, an increase of 3.8% over the same month last year. The UK was, as always, the main source of the visitors with 883,757 Brits making their way here. This represents 20.2% of the Continue Reading

Second-Hand Housing Prices Up in Q1

House prices continue to rise

As the first quarter of 2019 has flown by in the blink of an eye, the price of housing has risen by 1.68%, when compared to the previous quarter. In March, the average price of second-hand housing stood at 1,700 euros per square metre. When compared to Q1 in 2018, the increase is more significant Continue Reading

Record Passenger Numbers at Málaga Airport

Record Passenger Numbers at Málaga Airport

In February Malaga-Costa del Sol Airport handled a 9.2% increase in passenger numbers when compared to the same month in 2018. Staff at the airport also dealt with a 6.1% increase in the number of flight operations. There were 1,052,194 passengers and 8,140 take-offs/landings in February, according to airport operator AENA. The vast majority of Continue Reading

Second Hand Housing Prices Rise in February

Second Hand Housing Prices Rise in February

The average price of second-hand housing in Spain stood at €1,887 p/m² in February. This represents an increase of 0.6% when compared to January. The slight monthly increase continues the tone seen throughout last year. The sharpest increase of the last 12 months was from April to May 2018, when prices increased 1.3%. Looking at Continue Reading

Rental Prices Fell Slightly In January

Rental prices fell slightly in January

The price of rental housing in Spain registered a slight drop of 0.7% in January, when compared to January of the previous year. This is only the second decline in rental prices since March 2015. In fact, except for two slight falls, we have seen 47 consecutive months of increases in rental prices. “After almost Continue Reading

Property Prices to Increase 4.7% Annually to 2019

New property accounts for 10% of sales

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