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
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Tag Archives: July
Spain Received 10 Million Tourists in July
Despite a handful of scaremongering articles suggesting Spain’s tourism market is under threat, Spain dealt with 10 million international tourists in July, 4.9% less than in the same month last year, according to data from the INE. This is not a huge drop and is easily explained. For a few years, following terror attacks, Turkey, Continue Reading
July Saw Busiest Day Ever at Malaga Airport
Malaga-Costa del Sol Airport has handled 2.1% more passengers and 2.8% more flights between January and July this year than it did in the same period last year. Specifically, in the first seven months of the year, the airport has seen over 10.8 million passengers distributed across more than 80,000 flights. The bulk of the Continue Reading
Average Price of Used Property Up in July
The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading
Fewer Mortgages Approved in July
The number of new mortgages taken for a home purchase in July was 18,706, representing a decrease of 14.9% when compared to the same month in 2015. The average amount of those loans was 115,540 Euros, an annual increase of 10.1%, according to data released by the National Statistics Institute. The value of mortgages taken Continue Reading
Q2 HPI at 3.9% – Property Sales Down 3.6%
The annual variation of the Housing Price Index stood at 3.9% at the closing of the second quarter, a decrease of two and a half points. On new housing the annual rate is 8.4%, more than 2 points higher than in the previous quarter, according to the latest figures from the National Statistics Institute. For Continue Reading
Tourist Spending Increased in July
Tourist spending increased in July this year reaching a total expenditure of 10,257 million euros, 7% more than in the same month last year, according to the latest figures released by the National Statistics Institute (INE). The average expenditure per tourist fell slightly to 1,027 euros, a decline of 2.1%. However, the average daily spend Continue Reading
Almost 10 Million Tourists Visited in July
July was another great month for tourism with 9.6 million international tourists visiting Spain. This was a massive 9.3% more than in the same month in the previous year. Many people predicted that July would be busy in the wake of recent terror scares in other countries such as Turkey, Cyrpus and Egypt. They were Continue Reading
Cost of Rental Property Fell in July
The average price of rental property in Spain fell by 0.6% in July. The average is 7.36€ p/m² p/month, according to the latest data released by property portal fotocasa. This is the first fall in the cost of rental property following 8 months of increases. The average cost is now similar to that of October Continue Reading
Spain Saw 42.8 Million Overnight Stays in July
If any of you attempted to drive anywhere in Spain during July you will know what I’m going to say here: July was a super busy month for tourism! Spain’s hotels registered a massive 42.8 million overnight stays in July, representing a 7.4% increase over the same month in the previous year. Overnight stays by Continue Reading
