Here you will find news, views, events and information relating to real-estate in Spain.
The Balearic Islands, the Canary Islands and the Valencian Community are the most popular regions of Spain for foreign property buyers. Autonomous communities with high tourist density, islands and Mediterranean coastal areas, lead the demand for housing purchases by foreigners. In the Balearic and Canary Islands foreigners made 27.4% of the home purchases in each Continue Reading
Spain’s economy received a boost in June thanks to a 3.2% increase in international tourists, with 8.8 million visitors. The UK was once again the main source of these visitors with almost 2.1 million Brits choosing to visit Spain. This represents a massive 23.3% of the total tourists received in June, and is 5.3% more Continue Reading
In May this year there were 34,883 new mortgages registered for housing purchases in Spain, 11.2% more year-on-year. The total borrowed capital for the new home loans reached a massive 4,330.1 million euros, an annual increase of 16.8%, according to data from the INE. Interest Rates Looking at all new mortgages taken in May, the Continue Reading
Over the last 12 months, demand for housing in Andalusia has increased by 20%, according to a report by fotocasa. In 2019 up to 28% of those over 18 years of age living in Spain have taken action related to the purchase or rental of a property in Spain. This is 22% higher than the Continue Reading
January saw 36,832 new mortgages approved for the purchase of a home. This is 22.5% more than last January, a significant increase, according to the INE. The average amount of capital borrowed was 121,036 euros, a slight drop of 0.7%. The total amount lent for home purchases reached 4,458 million euros, an annual increase of Continue Reading
The number of sales of property to foreign buyers continued to grow in the first half of 2018, although the trend of double-digit growth has ended. Sales of Spanish properties to foreign buyers amounted to 53,359 transactions in the first six months of the year, representing an annual increase of 5.6%. These sales accounted for Continue Reading
As the summer draws to a close and the country begins to relax, the tourist statistics released by the INE once again break records. Spain received a massive 10.5 million international tourists in July, 10.1% more than in the same month last year. Source No prizes for guessing where the majority of those tourists came Continue Reading
Four out of ten homeowners who put their property on the holiday rental market managed to rent the property within the first two weeks. In fact, 7% managed to get a tenant within the first week. 16% rented the property within one week, while 19% needed two weeks to rent it. “The speed and ease Continue Reading
Total spending by international tourists visiting Spain in April reached 6.7 billion Euros, an increase of 19.7% when compared to the same month of 2016. It is worth noting that Semana Santa (Easter) fell in April of this year whereas in 2016 it was in March. The average expenditure per tourist was 955 euros, an Continue Reading
Resale property prices in Spain registered a slight fall in February. The average price stands at 1,497 euros per square metre, a fall of 0.7% when compared to January. When compared to February 2016, the interannual variation is -5.4%, according to data released by idealista. Autonomous Communities February saw the price of resale property increase Continue Reading
