BLOG

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

Tag Archives: inmobiliaria

Home Mortgage Borrowing Up in January

Home mortgage borrowing up 20% in Andalucia

January saw a 6.1% increase in the number of new home mortgages. The average amount, however, fell by 5% to 114,691 euros, according to data released by the INE. On all property types, the average amount also fell, with an average of 129,387 euros, 12.2% lower than the same month in 2019. The total amount Continue Reading

Cost of Renting Continues to Rise

Ibiza Town has seen rental costs spiral up 93% in five years

In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying Continue Reading

Small Increase in House Prices in February

Palma de Mallorca saw prices grow 7.90%

The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading

Home Mortgage Borrowing Up in 2019

December saw a huge 43% increase in new mortgages

In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading

Málaga Airport’s ´Without Barriers’ Initiative

Málaga Airports ´Without Barriers' Initiative

Throughout 2019, Malaga Airport served 179,227 passengers with reduced mobility, mostly in October, September and May. Malaga is proud of its facilities for those passengers who need help and they offer fifteen meeting points throughout the airport, both inside and outside the terminals (parking lots, sidewalks, check-in area, etc.) and three points of personalized attention, Continue Reading

Andalusia Homes Sales Up in December

7,126 homes sold in Andalusia in December

There was 53,947 housing sales/purchases in December, an annual decrease of 1.2%, according to data from the Council of Notaries. By type of property, there was a 3.8% reduction in the sale of apartments, with both new properties (-15.1%) and second-hand properties (-0.7%) seeing a contraction in sales. Meanwhile, the sale of single-family homes reached Continue Reading

2020 Opens with a Slight Drop in House Prices

Good news for buyers as prices fall slightly

Second hand housing in Spain saw a small price drop in January with prices shrinking by 0.3%, when compared to December. The annual variation was -1.9%, bringing the average price per square metre to 1,841 euros, according to the fotocasa real estate index. The national average is a massive 40% lower than the average in Continue Reading

Property Prices Recovered in Third Quarter

Property prices up 3.2% year-on-year

In the third quarter of 2019 the sale of housing decreased across the country, falling 6.3% nationally, continuing the trend of the previous quarter. Only Murcia saw property sales increase with a 3.4% rise in sales, according to a report from the Notaries. Only Aragon and Catalonia managed to keep the fall below 2% (-0.2% Continue Reading

Used House Prices up 4.6% in 2019

House prices up almost 5% in 2019

The price of used housing in Spain has increased 4.6% during 2019. This increase puts the average cost per square metre at 1,763 euros, according to data from idealista. During the last quarter, the increase was 1.6%, although this is based only on provisional data. According to Fernando Encinar, head of studies at idealista, “the Continue Reading

Price Still Main Factor for Tenants

Young people returned to renting in 2019

During the course of 2019, 17% of people in Spain over the age of 18 have had some level of involvement in the >rental market, either as landlords or as tenants. This percentage is an increase of three points when compared to 2018. In fact, thanks to this increase, the rental market has recovered to Continue Reading