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Tag Archives: notaries

Andalusia Homes Sales Up in December

7,126 homes sold in Andalusia in December

There was 53,947 housing sales/purchases in December, an annual decrease of 1.2%, according to data from the Council of Notaries. By type of property, there was a 3.8% reduction in the sale of apartments, with both new properties (-15.1%) and second-hand properties (-0.7%) seeing a contraction in sales. Meanwhile, the sale of single-family homes reached Continue Reading

Andalusia Top For Property Sales in October

Over 8000 home sales in Andalucia in October

The number of home sales in Spain fell by 1.5% in October, compared to the same month in the previous year. However, when compared to September this year, the number of sales increased by 12.7%. 42,825 homes were transferred in October. 86.1% of the total property sales recorded in October correspond to urban property and Continue Reading

British Still Most Numerous Foreign Buyers

Brits still dominate sales to foreign buyers

The sale of property to foreign buyers fell by 3.2% in the first half of 2019. Non-resident foreign buyers accounted for 41% of those transactions, a fall of 9.7%. Resident foreign buyers accounted for 59%, representing an increase of 1.9%, according to data from the General Council of Notaries. Purchases by foreign buyers varied greatly Continue Reading

Property Market Stable in September

Property Market Stable in September

There was 42,538 property sales/purchases in September, according to data from the General Council of Notaries. On the annual rate this figure is unchanged from the previous year. When compared to August the monthly variation is a fall of 4.8%. By type of housing, the sale of apartments showed a slight decrease of 1.2%. This Continue Reading

Housing Sales Slow Dramatically in August

The Canary Islands saw an 18.8% fall in sales

The number of home sales in Spain decreased dramatically in August with a 21.1% fall when compared to August 2018. When compared to July 2019, the fall is 26.1%, according to data from the INE. This follows similar data announced by the notaries earlier this week that the housing market had collapsed in August. Figures Continue Reading

New Property Sales Rebound in April

New Property Sales Rebound in April

In April, there was 50,172 property sales, an annual increase of 1.06%, according to data from the General Council of Notaries. The increase was due exclusively to the considerable increase in the sale of new properties (+18.6% year-on-year), while there was a drop in sales of second-hand properties (-1.6%). The sale of single-family homes increased Continue Reading

Foreign Buyers Still Flocking to Spain

Foreign Buyers Still Flocking to Spain

During the second half of 2018 there were 50,249 property sales to foreign buyers, an interannual increase of 1.4%. Furthermore, the figure represents 18.2% of the total purchases and sales made during those six months, according to the General Council of Notaries. Between July and December transactions carried out by foreign buyers were concentrated in Continue Reading

Home Sales Slowed in March

Home Sales Slowed in March

Property sales in Spain stood at 50,659 transactions in March, a year-on-year fall of 2.9%, according to data from the General Council of Notaries. By type of property, the sale of flats showed a strong year-on-year drop of 5.4%. The fall can be attributed to a drop in sales of both new apartments (-9.3%) and Continue Reading

Home Sales Increased in December, Say Notaries

Home Sales Increased in December, Say Notaries

The number of home sales in December 2018, stood at 51,603 transactions, according to the notaries, reflecting an increase of 1.2%. By type of housing, the sale of flats showed an annual increase of 1.4%. Meanwhile, the sale of single-family homes showed a slight increase of 0.3% year-on-year. In terms of the average price, a Continue Reading

Increase in Home Mortgages in November

21,698 new home loans taken in November

The number of new mortgage loans taken out in November 2018 was 29,709, representing a fall of 1.6% year-on-year. The average amount of capital loaned was €167,486, reflecting an annual decrease of 4.4%. In November, the number of new mortgage loans taken for the acquisition of a property increased by 2.6% year-on-year, to reach 23,181 Continue Reading