BLOG

Here you will find news, views, events and information relating to real-estate in Spain.

Tag Archives: compraventas

Mortgage Interest Rates Fell in September

The number of new mortgage loans taken for homes in September was 32,457, representing a 9.5% annual increase. The average amount of the loans was 148,959 euros, 6.6% higher than in September 2017. The total value of the loans taken for urban property reached 6,365.2 million euros. This represents an increase of 16.7% when compared Continue Reading

Sales to foreign buyers continue to grow

Foreign buyers account for 18.7% of property sales

The number of sales of property to foreign buyers continued to grow in the first half of 2018, although the trend of double-digit growth has ended. Sales of Spanish properties to foreign buyers amounted to 53,359 transactions in the first six months of the year, representing an annual increase of 5.6%. These sales accounted for Continue Reading

New Properties are most expensive in Spain

New properties are the most expensive in Spain

The most expensive second-hand properties in Spain are those under five years old, with an average price of €258,024. This is quite interesting given that in 2017, these properties were the cheapest with an average price of €175,625. This is a 47% increase in the price of new properties in only one year. In fact, Continue Reading

Average house prices increased in September

Apartment sales suffered a fall of 1.1%

The number of urban property sales in September reached 41,519, according to the General Council of Notaries. This represents a slight year-on-year increase of 0.2%. By type of housing, the sale of apartments showed an annual variation of -1.1%. This fall was attributed to a fall in the sale of new properties, given that the Continue Reading

Brexit willl have “no affect” on Brits living in Spain

Borrell said "Brexit will not affect" Brits in Spain

With the Brexit negotiations continuing into their third year it is no surprise that expats in Spain are concerned about what any final deal will mean for their rights here in Spain. But despite little attention from the British Government, a ray of light seems to have been thrown on the subject from a rather Continue Reading

Used Property Prices Maintain Growth

Used Property Prices Maintain Growth

Average property prices of second-hand housing in Spain in October 2018 reached 1,656 euros per square metre. This represents a small monthly increase of 0.21%, when compared to September. Looking at the annual variation, the increase is 6.03% over the price seen in October 2017 (1,562 euros/m²). “Everything points to prices maintaining their upward trend,” Continue Reading

Young People Struggling to Afford Rentals

65% of young buyers are women

In 2017, 38% of young people (between 18 and 34 years old) were able to enter the housing market. In 2018, this has dropped to 29%, a 24% fall in one year. This is one of the main conclusions of a report from Fotocasa, “Young people and their relationship with housing 2017-2018“, which aims to Continue Reading

More Buyers Taking a Mortgage

More Buyers Taking a Mortgage

Over the last 12 months, the percentage of property buyers who needed a mortgage to purchase a home has increased form 71% in 2017, to 75% in 2018. 64% of those buyers were able to make their purchase with only a mortgage and their own savings, whereas 11% needed bank financing and family support. This 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