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Tag Archives: average

Rental Costs Increased in First Quarter

Rental Costs Increased in First Quarter

The average rental price in Spain increased 2.1% in the first quarter of 2019. In March, the average cost for renting a home was 8.47 euros p/m², according to data from fotocasa. “The average rental price continues to rise, but at a more moderate pace than what we were used to and with very different Continue Reading

Average Used Property Prices Up in April

Average Used Property Prices Up in April

According to pisos.com, the average price of second-hand housing in Spain was 1,715 euros per square metre in April. This represents an increase of 0.86% compared to March. With respect to April 2018, the annual variation is 9.08%. Last April the average price was 1,572 euros p/m². “House prices continue to move at a reasonable Continue Reading

Housing Finished 2018 With a Price Increase

December saw prices increase 20.73% in Madrid

The number of purchases/sales of homes in Spain reached 47,254 in November, according to the General Council of Notaries. This represents an annual decrease of 3.6%. The sale of flats showed a significant annual fall dropping 6.5% year-on-year. This was due to falls in sales of both new property (-7.1%) and also second-hand properties (-5.5%). Continue Reading

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