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Tag Archives: Málaga

Second Hand House Prices up 5.6% in 2022

Average property prices reached €1,984 in December

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

Increase in Cost of Sale and Rental Housing

The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading

Cost of Renting Reaches Historical Highs

Renting is more expensive than ever

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

Prices are still rising, reaching 1,960€/m2 in June

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

Rental Price Rises 2.40% in First Half

Average cost of renting in Spain was €10.22 in June

The average cost of renting a home in Spain was 10.22 euros per square meter at the end of the first half of the year. This figure marked a monthly decrease of -0.10% and a quarterly increase of 0.17%, half-yearly of 2.40% and interannual of 6.13%. According to Ferran Font, Director of Studies at piso.com, Continue Reading

House Prices Up in Second Quarter

Average prices reached €1,936 p/m2 in Q2

The price of second-hand homes for sale in Spain increased by 1.2% in the second quarter of 2022. This is a year-on-year increase of 2.8%, bringing the average price per square metre to 1,936 euros. This increase is also the first quarterly increase since the fall seen in Q2 of 2021. “The trend in house Continue Reading

Big Increase in Home Sales in February

Big Increase in Home Sales in February

February 2022 saw a total of 198,895 properties transferred in the property registers. This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE. 86.8% of the purchases registered Continue Reading

Year-on-Year House Price Increase in January

Year-on-year, house prices grew 1% in January

Second-hand house prices in Spain fell by -0.8% in January, when compared to the previous month. Year-on-year, the price increased by 1%, putting the average cost per square metre at 1,892 euros. This is the fifteenth consecutive year-on-year rise in house prices since November 2020. “The price of housing remains stable and starts 2022 with Continue Reading

2021 – Sale and Rental Markets Recover Well

New property is seeing a boom in demand

Real estate sales figures for October 2021 show a monthly fall of 13.4%, but a year-on-year increase of 22.2%. This growth rate is the best October for 14 years. For the eighth consecutive month, the number of sales transactions in Spain show very high interannual increases. This is a sign that the sector continues to Continue Reading

Second-Hand Housing Prices Up

Cost of housing increase in November

The average price of second-hand housing in Spain stood at 1,868 euros per square meter at the end of November. This represents a slight increase of just 0.78% when compared to October. When looking at the annual variation, the increase is 1.86%. “The price of second-hand housing is becoming more expensive, but is staying well Continue Reading