Here you will find news, views, events and information relating to real-estate in Spain.
The average price of luxury housing in Spain increased by 3% year-on-year in 2018, according to a report from property portal idealista. The average price reached 6,800 euros per square metre at the end of the year. Although it increased, it did so more moderately than we’ve seen over the previous two years. In 2017 Continue Reading
Second-hand housing in Spain finished January with an average price of 1,703 euros per square metre. This is 1.84% higher than the price in December. Looking at the year-on-year price, January saw an increase of 8.11% when compared to January 2018, when the price stood at 1,575 euros per square metre. Prices have once again Continue Reading
Despite some commentators suggesting Spain was suffering from a drop in tourist numbers, 2018 ended up beating the previous year. Throughout the year, 82.8 million tourists came to Spain for their holidays, according to data from the INE. This is a 1.1% increase over 2017 and shows that Spain is still a number one tourist Continue Reading
According to the latest figures from the INE, there was 85,348 property sales in November, 4% more than in the same month of 2017. Of those, 42,150 related to the sale/purchase of housing. 86.5% of those sales were for urban properties, with 13.5% being rustic. In the case of urban properties, 57.1% were for housing Continue Reading
The price increases of rental housing slowed in 2018 and ended the year with an interannual increase of 9.3%. Compare this to growth of 18.4% in 2017. This leaves the average square metre at 10.6 euros per month. The slowdown was caused in part by a fall in prices during Q4 when the average cost Continue Reading
Málaga-Costa del Sol Airport handled just over one million passengers in November, an increase of 8% when compared to the same month last year. The number of flights also increased, by 8.9%, to reach a little over nine thousand operations. The bulk of November’s passengers moved on commercial flights, the vast majority (933,679) flying internationally. Continue Reading
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
The number of new mortgages taken on homes in August was 28,755, which is 6.8% more than in August 2017. The average amount borrowed was 122,424 euros, representing an increase of 9.8%, according to figures from the INE. The total value of mortgages taken on all urban properties was a massive 5,440 million euros, 11% Continue Reading
The total number of new mortgages approved in July was 137,766 euros. This represents a 0.6% fall when compared to the same month in 2017. Of those, 29,287 were mortgages for a home purchase, 14.6% more than July in the previous year. The total borrowed capital reached 5,407.3 million euros, 15.2% more than in the Continue Reading
There were 30,600 new home mortgages approved in June. This represents an increase of 3.9% when compared to June in the previous year. The average amount of the new mortgage loans was 123,896 euros, an increase of 5.1%, according to the latest figures from the INE. The total amount of capital loaned in June reached Continue Reading
