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Tag Archives: April

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

Spain Received 6.1 Million Tourists in April

Spain continues to attract record numbers of tourists as the country begins to see signs of summer. Spain received over 6 million tourists in April, representing an increase of 11.3% over the same month in 2015, according to the latest data released by the National Institute of Statistics. As usual, UK travellers accounted for the Continue Reading

Overnight Hotel Stays Increased in April

April saw 23.3 million overnight stays registered in Spain’s hotels, representing a 1.3% increase over the same period in 2015. Cumulatively, for the first quarter of 2016 the number of overnight stays has increased by 9.3%, when compared to Q1 2015. Spanish residents seemed to favour staying home, or in other types of accommodation, as Continue Reading

Resale Property Prices Fell Slightly in April

The average price of resale property in Spain fell by 0.2% in April, when compared to the previous month. The average price per square metre now stands at 1,624 Euros, according to data released by property portal fotocasa. This is slightly different to the figures released by Tinsa last week but the gap between the Continue Reading

Spain’s Airports Received 18 million Passengers in April

Spain’s airports recorded an increase in traffic of 7.1% in April, when compared to the same month in the previous year, reaching a total of 18 million passengers, according to data released by Aena. Flights to Spain continue to be popular as the cost of fuel remains low, and the instability of other tourist destinations Continue Reading