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Tag Archives: november

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

Housing Sales up 2.8% in November

42,150 homes were sold in November

According to the latest figures from the INE, there was 85,348 property sales in November, 4% more than in the same month of 2017. Of those, 42,150 related to the sale/purchase of housing. 86.5% of those sales were for urban properties, with 13.5% being rustic. In the case of urban properties, 57.1% were for housing Continue Reading

Housing Finished 2018 With a Price Increase

December saw prices increase 20.73% in Madrid

The number of purchases/sales of homes in Spain reached 47,254 in November, according to the General Council of Notaries. This represents an annual decrease of 3.6%. The sale of flats showed a significant annual fall dropping 6.5% year-on-year. This was due to falls in sales of both new property (-7.1%) and also second-hand properties (-5.5%). Continue Reading

Passenger Growth in November at Málaga Airport

Passenger Growth in November at Málaga Airport

Málaga-Costa del Sol Airport handled just over one million passengers in November, an increase of 8% when compared to the same month last year. The number of flights also increased, by 8.9%, to reach a little over nine thousand operations. The bulk of November’s passengers moved on commercial flights, the vast majority (933,679) flying internationally. Continue Reading

Cost of Renting in Spain Fell in November

Cost of Renting in Spain Fell in November

The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading

Second-Hand Housing Prices Up in November

House prices up in November

The average price of second-hand housing in Spain increased by 0.7% in November, when compared to the previous month. This brings the average price per square metre to €1,861, according to data from fotocasa. Other than from April to May, all monthly increases throughout 2018 have been between 0.3 and 0.9%. Looking at the year-on-year Continue Reading

Tourist Spending Increased in November

The Canary Islands took 32.5% of tourist spending

International tourists visiting Spain in November spent a staggering 4,638 million euros while there were here. This represents an increase of 10.3% when compared to tourist spending in the same month in the previous year. The average expenditure per tourist was 1,054 euros, an annual increase of 2.7%. Tourists also spent slightly more on a Continue Reading

Málaga Airport Reaches 17 Million Passengers

More than a million passengers in October

So far this year, Málaga Airport has handled more than 17 million passengers, a new record! Additionally, the figure is almost one million more than in the same period of 2016, when the total reached 16,672,776 travellers. The total this year is 17,629,630 travellers spread over a massive 128,796 flight operations. These figures represent increases of Continue Reading

Cost of Renting Increased 1.6% in November

Rental costs increased in all communities

The average price of renting a house in Spain increased by 1.6% in November to stand at 8.13 euros/m² per month, according to data released by fotocasa. The figures are similar to the beginning of the year when increases were between 1.5 and 2%. On the monthly basis, rental prices increased in six communities and Continue Reading

Property Sales Increased in November

The total number of property sales in Spain increased by 6,8% in November. The number of home purchases increased by 17.3%, when compared to November 2015, according to the latest data from the INE. 84.6% of purchases correspond to urban properties, with 15.4% being rustic. In the case of urban sales, 56.3% were for the Continue Reading