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Tag Archives: andalucia

2021 Saw 33% Increase in Property Sales

Sales of new homes grew 37.7% in 2021

The total number of properties transferred in the property registers in Spain in December 2021 reached 178,243, which is 17.6% more than in the same month of 2020. In the case of property sales, the number is 96,466, representing an annual increase of 26%, according to data from the INE. 86.4% of the purchases registered Continue Reading

Cost of Renting a Home Up in January

Cost of renting in Spain up 2.57% annually

In January 2022, the cost of renting a property in Spain reached an average of €10.07 per square metre. This is a rise of 0.9% when compared to the previous month. Year-on-year, the variation is +2.57%. According to the Director of studies at pisos.com, Ferran Font, “the rental market is recovering in a positive trend, Continue Reading

2021 – Sale and Rental Markets Recover Well

New property is seeing a boom in demand

Real estate sales figures for October 2021 show a monthly fall of 13.4%, but a year-on-year increase of 22.2%. This growth rate is the best October for 14 years. For the eighth consecutive month, the number of sales transactions in Spain show very high interannual increases. This is a sign that the sector continues to Continue Reading

Second-Hand Housing Prices Up

Cost of housing increase in November

The average price of second-hand housing in Spain stood at 1,868 euros per square meter at the end of November. This represents a slight increase of just 0.78% when compared to October. When looking at the annual variation, the increase is 1.86%. “The price of second-hand housing is becoming more expensive, but is staying well Continue Reading

Andalusia Housing Market at Pre-Pandemic Levels

Andalusia property has recovered well

The outbreak of the pandemic in March 2020 led to social changes at all levels: from consumer habits to work routines, through to the way we relate to others. The housing market was not immune to the effects of this dynamic and over the last 18 months the real estate market has registered important changes. Continue Reading

Home Sales Down Slightly in August

Property sales down 0.7% compared to July

The number of transferred properties registered in the property registers in the month of August is 175,824, which is 28.1% more than in the same month of 2020. In the case of registered property sales, the number of sales is 97,224, representing an annual increase of 41.8%, according to data from the INE. 87.7% of Continue Reading

Price of Second-Hand Housing Up in Q3

Second hand housing prices grew in Q3

At the end of the third quarter of the year, the price of second-hand housing in Spain stands at 1,892 euros/m². This represents a quarterly increase of 0.4% and a year-on-year rise of 2.5%. The quarterly increase (0.4%) is the first rise in this period after two years of declines which were caused primarily by Continue Reading

Cost of Renting a Home Increased in August

Cost of renting in Spain up 0.6% in August

In August 2021, the cost of renting Spanish property had an average cost per square metre of 9.763 euros per month. This represents a monthly increase of 0.62%, and an annual variation of -1.97%. “Although renting is somewhat cheaper than last year, month by month we see how the monthly payments recover ground”, said Ferran Continue Reading

Spanish House Prices Fall 0.2% in August

Property prices in Spain fell slightly in August

Second-hand house prices in Spain increased 0.7% year-on-year in August 2021. Compared to July, the price fell slightly with a -0.2% variation. This brings the price per square metre to 1,890 euros, according to data from fotocasa. This last value is the tenth (0.7%) year-on-year rise in house prices after 11 months of year-on-year drops Continue Reading

Cost of Renting a Home Fell in July

Cost of rental housing down 2.7%

The price of rental housing in Spain was €10.44 per square metre in July. This is a variation of -2.7% when compared to July in 2020, according to data from property portal fotocasa. This is the sixth consecutive fall. “For several months the trend in rental prices in Spain has changed and large price increases Continue Reading