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Tag Archives: Marbella

Over 10 million Tourists Chose Spain in August

Over 2 million Brits arrived in August

In August, Spain received a massive 10.1 million international tourists, 0.5% lower than in the same month last year. The UK was once again the main source of those tourists. Almost 2.2 million Brits chose Spain for their August holidays, representing 21.5% of the total, but a decrease of 3.1% when compared to August last Continue Reading

House Prices Down in Third Quarter

Prices fell 0.47% in Andalusia

The average price of second-hand housing in Spain stood at 1,696 euros per square metre at the end of September. This figure represents a fall of 1.15% when compared to the previous quarter. However, when compared to Q3 in the previous year, the variation is +2.63%. On a monthly basis, the figure is 0.09% lower Continue Reading

Borrowing For Home Buying Up in July

Home borrowing increased in July, year-on-year

There was an increase of 13.1% in the number of new mortgages taken on homes in July, when compared to July 2018. However, the average amount of the loans taken fell by 2.5% to 121,414 euros, according to data from the INE. The total borrowed for home loans in July reached a massive 4,048 million Continue Reading

Cost of Renting a Studio Rising Fastest

Studio prices in Murcia are up 25%

When looking to rent an apartment, tenants usually look at the rental prices, the number of rooms and the m². Over the last year, the prices of rental apartments have varied a great deal according to the number of bedrooms in the main provincial capitals. In the second quarter of this year, there have been Continue Reading

Property Prices Remaining Stable in 2019

Property Prices Remaining Stable in 2019

During the first six months of this year the average price of housing has grown 0.1% to stand at 1,637 euros p/m² in June, according to the Ministry of Development. The year-on-year increase in the second quarter reached 3.1%, led by the communities of Madrid (+5.2%), the Balearic Islands (+5%), and Catalonia (+4.3%). The quarterly Continue Reading

Malaga Airport – Busiest August in 100 Years

Malaga Airport - Busiest August in 100 Years

Malaga-Costa del Sol Airport had a record-breaking August, the busiest since its creation 100 years ago. Over 2.2 million passengers passed through in August, 4.1% more than in the same month in 2018. Both foreign and domestic numbers increased, according to data from airport operator AENA. The bulk of users travelled on commercial flights (excluding Continue Reading

Slowdown in Property Sales in July

New property sales fell 33.1%

In July, there were 46,015 housing sales, an interannual fall of 20.8%, according to a report from the General Council of Notaries. By type of housing, there was a 21.6% year-on-year fall in the sale of apartments, while sales of single-family homes fell by 17.5%. The falls were due to a fall of 33.1% in Continue Reading

Nearly 10 Million Tourists Hit Spain in July

Nearly 10 Million Tourists Hit Spain in July

In July, Spain received a massive 9.9 million international tourists. Although that sounds like a lot, it is actually a 1.3% drop compared to July last year. The UK remained as the main source of visitors, with almost 2.2 million Brits heading to Spain for their summer break. Brits represent 21.9% of the total, although Continue Reading

Rental Prices Moderating Across Spain

Rental Prices Moderating Across Spain

The average cost of renting a property in Spain increased by just 0.3% in July to stand at €8.54 p/m² per month. This brings us close to the price seen in December 2009 when the average was €8.55 p/m² per month. On a year-on-year basis, the price of rental housing increased 2.1% and continues to Continue Reading

Another Busy Year at Malaga Airport

Another Busy Year at Malaga Aiport

Malaga airport is having another great year closing the first half with a 6.4% increase in passengers and 5.3% more flights than in the same period of 2018. In June alone, more than 2 million travellers moved through the airport on 14,500 flights (+4.6%), according to airport operator AENA. Jan to June Between January and Continue Reading