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Tag Archives: April

Number of New Mortgages Increased in April

New mortgages up 34.2% in April

There were 27,724 new mortgages for home purchases in April, 34.2% more than in the same month of the previous year. The average amount of the new mortgages was 123,256 euros, according to the latest figures from the INE. The average amount showed an increase of 9.1%. when compared to April 2017. Compared to the Continue Reading

Property Sales Rebound in April

Home sales increased 58.3% in April

Following a slight dip in March, property transfers across Spain rebounded in April, registering a year-on-year increase of 20.8%, according to figures from the INE. The total number of properties transferred in the property registers in April reached 161,444. However, as Holy Week was in March this year and in April last year, it makes Continue Reading

Málaga Airport Saw 1.7 million Passengers in April

Málaga handled 1.7 million passengers in April

Málaga-Costa del Sol Airport handled 2.8% more operations in April, and 0.1% more passengers than in the same month of the previous year. Specifically, 1,697,759 travellers moved on 12,311 flights. It should be noted that last year saw Holy Week entirely in April, while this year it was mostly in March (between Thursday, March 28 Continue Reading

Second-Hand House Prices Up in April

price ranking by autonomous community

Second-hand house prices in Spain stood at an average of €1,765 p/m² in April, an increase of 0.7% when compared to March. This confirms that the price of second-hand housing is stable and is fluctuating only slightly month to month. With respect to the annual variation, the price in April represented an increase of 5.4% Continue Reading

Prices in Capitals and Large Cities Increase 6%

Coastal property remains popular

Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading

Mortgage Approvals Increased 24.6% in April

The number of mortgages approved on homes in April was 23,607, representing a 24.6% increase over the same month in 2015. The average amount of those mortgages also increased to stand at 108,354 euros, 5.1% more than last year. Looking at all property types, the average amount mortgaged was 144,287 euros, an annual increase of Continue Reading

Spain’s Most Dynamic Property Markets

Madrid, the Canary Islands and Andalusia have the most dynamic property markets in Spain, according to research from property portal Idealista. Property sales in Madrid accounted for 14.8% of all home sales recorded in April, yet the number of advertised properties within Idealista only accounted for 9.2% of the total listed properties. A similar situation Continue Reading

Home Sales Increased 29% in April

April 2016 registered an increase in the number of house sales of 29%, when compared to the same month in the previous year, according to data released by the National Institute of Statistics (INE). In total, there were 153,060 property transfers in April, which represents a 15.4% increase in total property transfers over April 2015. Continue Reading

Tourist Expenditure Increased in April

April was another great month for tourism in Spain with increases in both the total tourist spend and also the average daily spend. Tourists visiting Spain during April 2016 spent a total of 5,647 million Euros, representing an increase over the same month in 2015 of 4.3%. The average expenditure per person stood at 927 Continue Reading

Cost of Rental Property Increased in April

The cost of renting a property in Spain increased in April by 0.8% to end the month on an average cost per square metre of €7.29, according to data released by property portal, fotocasa. The annual increase, when compared to April 2015, is actually 4.5%, one of the sharpest rises of recent months. Beatriz Toribio, Continue Reading