BLOG

Here you will find news, views, events and information relating to real-estate in Spain.

Tag Archives: prices

Cost of Renting Continues to Rise

Ibiza Town has seen rental costs spiral up 93% in five years

In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying Continue Reading

Small Increase in House Prices in February

Palma de Mallorca saw prices grow 7.90%

The average price of second-hand property in Spain reached 1,705 euros per square metre in February. Compared to the same month in the previous year that represents an increase of 0.22%. When compared to January, it shows a slight fall of 0.01%. “Recent increases have moderated with similar levels of growth seen throughout the country, Continue Reading

Renting Costs Increase Across Spain

Tenants need 5.1% more to rent in Spain

Renting a property finished 2019 5.1% more expensive than at the start of the year. The average price per square metre per month stood at €10.18 in December. This is the highest national average price since 2006, beating the previous high of €10.12 per square metre per month, which was seen in May 2007. Additionally, Continue Reading

2020 Opens with a Slight Drop in House Prices

Good news for buyers as prices fall slightly

Second hand housing in Spain saw a small price drop in January with prices shrinking by 0.3%, when compared to December. The annual variation was -1.9%, bringing the average price per square metre to 1,841 euros, according to the fotocasa real estate index. The national average is a massive 40% lower than the average in Continue Reading

Property Prices Recovered in Third Quarter

Property prices up 3.2% year-on-year

In the third quarter of 2019 the sale of housing decreased across the country, falling 6.3% nationally, continuing the trend of the previous quarter. Only Murcia saw property sales increase with a 3.4% rise in sales, according to a report from the Notaries. Only Aragon and Catalonia managed to keep the fall below 2% (-0.2% Continue Reading

House Prices Down Slightly in November

Home mortgages increased 10% in November

Sales of housing in November reached 47,182 transactions, according to notaries. This represents a year-on-year fall of 5.6%. The average price per square metre of homes sold in November was €1,406, representing a slight fall of 0.4%. Meanwhile, there was a 10.3% increase in new mortgage loans taken for the purchase of a home in 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

Cost of Renting a Home Still Rising

Cost of Renting a Home Still Rising

At the end of the third quarter of 2019, the average cost of renting a home in Spain was 10.9 euros per square metre per month, a quarterly increase of 0.9%. When comparing to the same period last year prices have increased by 5.2%, according to a report from idealista. Rents in the two large 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

Second Hand Property Prices up in August

Second Hand Property Prices up in August

In August, the average price of second hand property in Spain fell by 0.5% when compared to the previous month. Year-on-year the price increased by 3%, bringing the average price to €1,891 p/m², according to data from the fotocasa price index. With this annual increase, this is the third August in a row to see Continue Reading