Here you will find news, views, events and information relating to real-estate in Spain.
In February 2020 there were 89,710 property sales registered in the public records. This represents a fall of 1.1% when compared to February 2019. When compared to the previous month the variation is -0.5%, according to figures released by the INE. In terms of home sales, there was 44,104 registered sales recorded in the registers. Continue Reading
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
There was 53,947 housing sales/purchases in December, an annual decrease of 1.2%, according to data from the Council of Notaries. By type of property, there was a 3.8% reduction in the sale of apartments, with both new properties (-15.1%) and second-hand properties (-0.7%) seeing a contraction in sales. Meanwhile, the sale of single-family homes reached Continue Reading
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
There was 152,699 property transfers registered in the property records in November, according to figures released by the INE this week. This is 11.8% lower than in the same month of 2018. 86.5% of those properties were urban and 13.5% were rural. In the case of urban properties, 56.4% were home sales. The number of Continue Reading
During the course of 2019, 17% of people in Spain over the age of 18 have had some level of involvement in the >rental market, either as landlords or as tenants. This percentage is an increase of three points when compared to 2018. In fact, thanks to this increase, the rental market has recovered to Continue Reading
The Housing Price Index (IPV), corresponding to the third quarter of 2019, was published last week and shows an annual increase of 4.7% in the average price of Spanish property. The increase is inline with the upward trend of recent quarters, although this increase is the smallest recorded in the last three years. Compared to Continue Reading
The price of rental housing in Spain fell again in August with owners now asking 0.5% less than in July. However, when compared to August 2018, prices have actually risen by 7.7%. This brings the average cost per square metre to €8.50 p/month. Shockingly, this national average is a massive 39% lower than the average Continue Reading
In July, Spain received a massive 9.9 million international tourists. Although that sounds like a lot, it is actually a 1.3% drop compared to July last year. The UK remained as the main source of visitors, with almost 2.2 million Brits heading to Spain for their summer break. Brits represent 21.9% of the total, although Continue Reading
The average cost of renting a property in Spain increased by just 0.3% in July to stand at €8.54 p/m² per month. This brings us close to the price seen in December 2009 when the average was €8.55 p/m² per month. On a year-on-year basis, the price of rental housing increased 2.1% and continues to Continue Reading
