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Tag Archives: compraventas

Used Property Prices Increase in November

Used property prices up 2.75% year-on-year

The average price of second-hand housing in Spain stood at 1,706 euros per square metre in November 2019. The figure represents a monthly variation of -0.27% when compared to October. With respect to November 2018, the variation is +2.75%, according to data from pisos.com. In November last year the average cost per square metre stood Continue Reading

Property Market Stable in September

Property Market Stable in September

There was 42,538 property sales/purchases in September, according to data from the General Council of Notaries. On the annual rate this figure is unchanged from the previous year. When compared to August the monthly variation is a fall of 4.8%. By type of housing, the sale of apartments showed a slight decrease of 1.2%. This Continue Reading

Housing Market Will Continue to Grow

Housing Market Will Continue to Grow

Mortgage data released by the INE suggests a significant slowdown in lending from banks for the purchase of a home. Specifically, the number of loans granted in August was down 29.9% when compared to August of the previous year. A little over 20,000 new mortgages were approved which is the lowest monthly figure since October Continue Reading

House Prices Down in Third Quarter

Prices fell 0.47% in Andalusia

The average price of second-hand housing in Spain stood at 1,696 euros per square metre at the end of September. This figure represents a fall of 1.15% when compared to the previous quarter. However, when compared to Q3 in the previous year, the variation is +2.63%. On a monthly basis, the figure is 0.09% lower Continue Reading

Borrowing For Home Buying Up in July

Home borrowing increased in July, year-on-year

There was an increase of 13.1% in the number of new mortgages taken on homes in July, when compared to July 2018. However, the average amount of the loans taken fell by 2.5% to 121,414 euros, according to data from the INE. The total borrowed for home loans in July reached a massive 4,048 million Continue Reading

Slowdown in Property Sales in July

New property sales fell 33.1%

In July, there were 46,015 housing sales, an interannual fall of 20.8%, according to a report from the General Council of Notaries. By type of housing, there was a 21.6% year-on-year fall in the sale of apartments, while sales of single-family homes fell by 17.5%. The falls were due to a fall of 33.1% in 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

Costa del Sol Busy with Tourists in July

Costa del Sol Busy with Tourists in July

The Costa del Sol is once again a tourist mecca with 2.2 million passengers passing through Malaga airport in July. Those travellers moved on 15,900 flights, according to airport operator AENA. These figures represent an increase of 3.8% in passenger numbers and 2.5% more flight operations, when compared to July in the previous year. The Continue Reading

Home Sales Slump in June

Home Sales Slump in June

In June, there was 46,527 transactions involving the sale/purchase of housing in Spain, an annual fall of 18.9%. The average price per square metre of homes sold in June was €1,435, an annual increase of 1%, according to data from the Council of Notaries. The fall in sales was mainly due to a large fall Continue Reading

Home Sales Slowed Across Spain in June

Home Sales Slowed Across Spain in June

In June, there were 81,218 property sales recorded in the property registers, 7.7% less than in the same month last year. 86.9% of the sales were for urban properties, with 13.1% being rural. In the case of urban, 58.1% were home sales. The number of rural property sales fell by 10.7% in June on the Continue Reading