Here you will find news, views, events and information relating to real-estate in Spain.
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
May was another great month for Spanish tourism with 7.1 million international tourists visiting, a 7.4% increase over the same month in 2015. As expected, the UK accounted for the most travellers with over 1.7 million Brits choosing Spain for their spring vacation. This represents 25.1% of the total and is an increase of 9.1% Continue Reading
The average price of rental housing in Spain increased by 1% in May, to stand at 7.36 Euros per square metre per month, according to the latest data released by online property portal, fotocasa. This monthly increase continues the trend seen in 2015, during which time rental costs began to increase month after month following Continue Reading
Spain’s hotels accommodated 30.8 million overnight stays in May, a 9.9% increase over the same month in the previous year. Stays by travellers who are resident in Spain increased by 6.1%, while overnight stays by non-resident travellers increased by 11.6%. The average length of stay was 3.2 nights per traveller, an increase of 4.7% over Continue Reading
The price of resale property in Spain fell by 0.2% during May, to stand at €1,537 p/m², according to the latest house price index from property portal Idealista. This figure represents the fourth consecutive month of falls, according to Idealistas figures, which, since February, has accumulated a decline close to 4%. For example, if the Continue Reading
