The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this Continue Reading
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Tag Archives: inmobiliaria
Second Hand House Prices up 5.6% in 2022
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
Marbella For Sale Featured in Top Marbella
Our founder and owner, Nicolas de Zutter, recently sat down with magazine The Top Marbella to discuss the ups and downs of the real estate market and what drove Nico to success on the coast. Nico sat down to talk with editor Agustin Davio, himself a former MFS employee, and chatted about Nico’s 20+ years Continue Reading
Home Sales Up 7% in September
The number of transferred properties registered in the property registers in the month of September reached 175,374, representing a fall of 2.1% compared to the same month of 2021. Looking only at the number of property sales, the number reached 102,987, an annual increase of 0.1%. Of the sales registered in September, 88.7% related to Continue Reading
Average Cost of Rental Housing Up in October
Rental housing in Spain had an average price per square meter of 10.25 euros in October 2022. This figure showed a monthly rise of 0.49%. In the year-on-year comparison, it grew by 3.85%. Ferran Font, director of studies at piso.com said, “The cost of renting a home in Spain continues to show significant increases, given Continue Reading
Cost of Renting Reaches Historical Highs
The price of rental housing in Spain increased by 0.9% in July, when compared to the previous month. When compared to the same month in the previous year, rental prices have increased 7.4%. This brings the average cost per square metre to €11.21. The average cost exceeded €10 per square metre some 33 months ago, Continue Reading
Spanish Property Sales Continue to Accelerate
The number of Spanish property transfers recorded in the public register in June reached 196,206, 0.9% more than in the same month last year. In the case of property sales, the number was 108,085, an annual increase of 7.1%. 87.6% of the purchases registered in June correspond to urban property and 12.4% were rustic. In Continue Reading
Modelo 720 Fines Declared Null and Void
The draconian fines which were imposed under the Modelo 720 Assets Declaration have been declared null and void opening the doors to claiming the money back. This is some welcome news for foreign residents and investors. Under Spain’s 720 tax model, which was introduced back in 2012, foreign residents had to declare the assets they Continue Reading
