The total number of properties transferred in June reached 191,749, a 2.5% fall when compared to the same month in the previous year. In terms of property sales, the total number of transactions was 106,051, an annual fall of 1.6%, according to data from the INE. Of the total sales seen in June, 87.9% were Continue Reading
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Tag Archives: construction
Average House Price Down in November
November 2020 saw 48,251 home sales in Spain, representing a year-on-year fall of 0.9%. Considering the months of lockdown, this fall is nothing like as bad as was expected. By type of property, the sale of apartments/flats showed a year-on-year fall of 7.6%, according to a report from the Notaries. This reduction in apartment sales Continue Reading
Increase in Home Mortgages in November
The number of new mortgage loans taken out in November 2018 was 29,709, representing a fall of 1.6% year-on-year. The average amount of capital loaned was €167,486, reflecting an annual decrease of 4.4%. In November, the number of new mortgage loans taken for the acquisition of a property increased by 2.6% year-on-year, to reach 23,181 Continue Reading
New Build Licences Increased in February
The number of permits for new build property reached 8,305, in February, representing a 26.9% increase year-on-year. This is the third highest figure since the worst of the crisis hit new property in 2013, according to figures from Fomento. In the first two months of this year there have been 14,999 visas granted, 17.4% more Continue Reading
Construction Worth Millions Approved in Marbella
The number of building permits issued by the Marbella council has increased over recent months. At a meeting earlier this week, the council approved licences for the construction of various real estate projects in the town which amount to 17 million euros. 90% of that capital will be invested in Nueva Andalucía in the construction Continue Reading
Málaga To Create 1,000 New Homes
Malaga City Council has taken the first steps to creating a new urban development in the city. The project will create around 1,000 homes, most of which will be protected, although there will be free-rent properties included. The council has selected five projects which will now be put out to tender to developers. The project, Continue Reading
New Housing in Malaga Exceeds Madrid
The Costa del Sol has the largest amount of new housing available in all the Mediterranean coastal areas, with 2,482 new properties. The Costa Blanca comes next with 2,110, according to data provided by ST-Valuation Society (ST) at the end of 2016. The amount of new property around the coast of Malaga surpasses that of Continue Reading
Ojén Development Gets Green Light
The small town of Ojén (population approximately 2,000) sits in the mountains behind Marbella. Despite its proximity to the coast it has remained relatively unspoilt, not attracting development in the way many local towns have. However, London-based investment fund Round Hill Capital plan to invest 250 million euros in the area over the next seven Continue Reading
New Property For Sale in Cancelada
New property is making a dramatic comeback on the Costa del Sol with new developments springing up along the coast. Marbella For Sale are pleased to present two of the best new developments in Marbella: The Residences, and The Villas. The properties are close to the village of Cancelada, () to the west of Marbella, Continue Reading
Construction Resurgence Continues
Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading
