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Tag Archives: average

Cost of Renting Increased Again in August

Cost of Renting Increased Again in August

The average price of rental housing in Spain increased in October by 1.4% to stand at 8.22 euros per square metre, according to figures from fotocasa. Year-on-year, the increase in the cost of renting a home in Spain increased by 2.7%. This increase continues the upward trend we have seen over the last 44 months, Continue Reading

Penthouse Apartments Most in Demand

Penthouse Apartments Most in Demand

The penthouse appears to be the most in-demand property on the housing market in Spain. Although ground floor flats have also rebounded, the penthouse is the most sought after. The average penthouse in Spain has a price of 275,735 euros, and a size of 118m². The same property in 2017 had an average size of 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

Used Property Prices Increased 1.6% in July

Average used property price is 1,690 euros/m²

The price of used property in Spain registered an increase of 1.6% in July, to stand at an average of 1,690 euros/m², according to the latest figures from idealista. If we look at the data from last year the interannual increase is 9.3%. Autonomous Communities Of all the communities, only Galicia saw a fall in Continue Reading

Q3 Marks 10 Quarterly Price Increases

Evolution of house prices q3 2017

The average price of housing continues to rise in Spain but at a moderate pace. According to data from the Ministry of Development, the average price stood at 1,540 euros/m² at the end of September. This follows price increases of 0.7% quarter-on-quarter and 2.7% year-on-year. The third quarter of this year is therefore the tenth Continue Reading

Price of Rental Housing Fell in July

Average cost of renting fell in July

The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading

Average Price of Used Property Up in July

Used property prices increased in July

The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading

Cost of Renting Increased in April

Cost or renting increased in April

The average cost of renting a home in Spain increased by 1.4% in April, to stand at 8.04€ p/m² p/month, according to the latest data from fotocasa. This is the first time since 2011 that the average cost has exceeded 8€. Even more significant is the annual variation. Compared to April 2016 the price has Continue Reading

Foreigners Buy a Third of Homes on the Islands

40% of property in Tenerife was sold to foreigners

Foreign demand for housing in Spain has maintained good performance in recent years, reaching a new high in 2016 when 13.5% of homes sold were bought by foreigners. This is similar to the results seen in recent years (13.2% in 2015, 13% in 2014), and almost 10 points clear of the historical low seen in Continue Reading

Costa del Sol Officially Sunniest Part of Spain

We’ve been saying it for years but now it’s official – the Costa del Sol is the sunniest place in Spain! A report from the National Meteorological Agency has placed the country’s southern Mediterranean coast at the top of its ranking for the sunniest parts of the country. The Costa del Sol is blessed with Continue Reading