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Tag Archives: INE

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

Property Sales Continue to Increase

Property Sales Continue to Increase

The number of properties transferred in the properties register in September was 147,377. This is a 7.7% increase when compared to the same month of 2017, according to data from the INE. In the case of property sales, the number of operations was 83,583, which is an annual increase of 11.6%. 88.1% of the properties Continue Reading

Almost 9m Tourists Visited in September

15 million Brits have visited Spain this year

Spain received almost 9 million international tourists in September, a slight increase of 0.9% when compared to the same month in 2017. The UK was once again the main emitting country, with more than 2.1 million Brits heading this way. This represents 23.6% of the total, while being 3.1% fewer than visited in September 2017. Continue Reading

Number of New Mortgages Up in August

Number of New Mortgages Up in August

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

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

New Home Mortgages Increased in July

New Home Mortgages Increased in July

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

Home Sales Increased in July

The total number of properties transferred in the property registers in Spain in July was 169,683. This represents an increase of 14.5% when compared to the same month in the previous year, according to the latest data released by the INE. 87.8% of the purchases in July relate to urban property, while the remaining 12.2% Continue Reading

8.5m Tourists Visited Spain in June

2.2 million Brits visited Spain in June

Despite the late start to the warm weather, Spain still managed to attract 8.5 million international tourists in June. This represents an increase of 1.2% when compared to the same month of 2017, according to data from the INE. The UK was once again the main country of residence for the visitors, with almost 2.2 Continue Reading

Mortgage Approvals Increased in May

3,647.8 million euros borrowd in May

There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading