Here you will find news, views, events and information relating to real-estate in Spain.
The number of transferred properties written in the property registers (from public deeds) in the month of May is 183,748, which represents a 9.8% increase over the same month of 2017. Of the total transfers, 93,366 were property sales, representing an annual increase of 4.1%, according to the latest figures from the INE. Nicolas de Continue Reading
Spain received 8.1 million international tourists in May, 1% more than in the same month of 2017, according to figures from the INE. The UK was the main country of residence for almost 2 million of those visitors, representing 24.6% of the total, but falling by 3.9%, when compared to May last year. Germany and Continue Reading
The average price of renting a home in Spain decreased by 1.1% in May to stand at €8.44 p/m² per month, according to data from fotocasa. On a monthly basis, rental costs increased in eight communities and decreased in nine. The highest monthly increase was recorded in Murcia (+2.6%), followed by the Canary Islands (+1.1%) Continue Reading
Despite a delay in the arrival of spring, Spain is still attracting visitors and the Costa del Sol remains as one of the busiest parts of the country. As such, almost 2 million passengers passed through Málaga-Costa del Sol Airport in May. A massive 1,830,000 passengers moved on almost 13,200 flights. These figures represent an Continue Reading
Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading
According to the latest figures from pisos.com, average property prices of used housing in Spain increased in May by 1.08%, when compared to April. The average price now stands at 1,589 euros per square metre. In April the average price was 1,572 euros. With respect to May in the previous year, the increase is 3.05%, Continue Reading
Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading
The number of mortgages granted for home purchases in May was 26,579, an increase of 34.1% over the same month in 2015. The average amount mortgaged was 126,394 euros, which is actually 2.6% lower than in the previous year, according to data released by the National Statistics Institute (INE). The total value of mortgages constituted Continue Reading
The total number of properties sold in May increased by 9.6% when compared to the same month in the previous year, to reach 150,827 transactions. When looking at only residential property the increase over the previous year is much higher at 23.6%, reaching 36,425 transactions, according to data released by the National Statistics Institute (INE). This Continue Reading
Spain continues to attract record numbers of tourists this year and those tourists are certainly helping with Spain’s economy. In May, international tourists spent a total of 6,914 million euros representing an increase of 7.8% over the same month in 2015, according to the latest data released by the National Statistics Institute (INE). The average Continue Reading
