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Tag Archives: august

Over 10 million Tourists Chose Spain in August

Over 2 million Brits arrived in August

In August, Spain received a massive 10.1 million international tourists, 0.5% lower than in the same month last year. The UK was once again the main source of those tourists. Almost 2.2 million Brits chose Spain for their August holidays, representing 21.5% of the total, but a decrease of 3.1% when compared to August last Continue Reading

Cost of Renting Drops in August

Cost of Renting Drops in August

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

Malaga Airport – Busiest August in 100 Years

Malaga Airport - Busiest August in 100 Years

Malaga-Costa del Sol Airport had a record-breaking August, the busiest since its creation 100 years ago. Over 2.2 million passengers passed through in August, 4.1% more than in the same month in 2018. Both foreign and domestic numbers increased, according to data from airport operator AENA. The bulk of users travelled on commercial flights (excluding Continue Reading

Second Hand Property Prices up in August

Second Hand Property Prices up in August

In August, the average price of second hand property in Spain fell by 0.5% when compared to the previous month. Year-on-year the price increased by 3%, bringing the average price to €1,891 p/m², according to data from the fotocasa price index. With this annual increase, this is the third August in a row to see Continue Reading

Tourist Property is Cheaper This Year

Tourist Property is Cheaper This Year

Tourist property is getting cheaper, according to a study of occupancy and prices carried out by Rentalia. The average price being advertised for a tourist property less than 15km from a Spanish beach in August is only 29.6 euros per person per night. This represents a 5% drop when compared to the same month in Continue Reading

Home Sales Increased in August

Home sales up in August

The total number of properties transferred in the property registers in August was 156,893. This represents 7.8% more than in the same month last year. 88.7% of purchases in August related to urban property and 11.3% were rural. In the case of urban properties, 58.5% were home purchases, amounting to 44,637 properties. On the monthly Continue Reading

Spain Topped 10 Million Visitors in August

Spain Topped 10 Million Visitors in August

Spain received 10.2 million international tourists in August, 1.9% less than in the same month of 2017. While they were here, August’s visitors spent 11,539 million euros, representing an increase of 1.8% over the same month last year. The UK was the main emitting country, with more than 2.2 million heading here for their summer Continue Reading

Rental Costs Fell in August

Rental Costs Fell in August

The average price of rental housing in Spain decreased by 2.2% in August, to stand at €7.89 per square metre, per month. This year-on-year decrease is the first fall in rental costs recorded since March 2015. Back then, average rental prices began to increase and recorded 41 consecutive months of increases. “This year-on-year fall in Continue Reading

Property Sales Increased in August

Sales of Spanish property increased in August

There were 142,976 property transfers (sales/purchases, inheritance, exchange, donation) registered in the property records in August. This is 5.9% more than in the same month last year. This is yet another increase and adds further confirmation that the Spanish property market is recovering well from years of slowdown following the 2007 crisis. In terms of Continue Reading

Cost of Renting Increased 10% in August

Average rental cost increased 10% in August

The average cost of renting increased by 10% year-on-year in Spain in August. This is the third year-on-year increase over 10% in 2017, in addition to 30 consecutive months of annual growth, according to the latest data from fotocasa. The year-on-year variation recorded this month is the third highest recorded this year: in May it Continue Reading