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Tag Archives: prices

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

High Demand for Housing in Andalusia

Home Mortgage Borrowing Up 16%

Over the last 12 months, demand for housing in Andalusia has increased by 20%, according to a report by fotocasa. In 2019 up to 28% of those over 18 years of age living in Spain have taken action related to the purchase or rental of a property in Spain. This is 22% higher than the Continue Reading

Cost of Renting Increased in April

Renting is 0.8% more expensive in Spain since May

In April, the cost of renting a home in Spain registered a monthly increase of 0.8% to put the average cost per square metre at 8.54 euros per month. This price returns us to figures similar to those seen in December 2009, when the price stood at 8.55 euros/m² per month. Looking at the annual Continue Reading

Used Property Prices Up Slightly in May

Used Property Prices Up Slightly in May

The price of used housing in Spain registered a monthly increase of 0.2% during May, according to data from idealista. This brings the average cost per square metre of used housing to 1,712 euros. Compared to May 2018, the annual variation is +5.8%, nationally. The cities of Palma, Granada (both with +1.9%), and Santa Cruz Continue Reading

Rental Costs Up Slightly in April

Rental Costs Up Slightly in April

The price of rental housing in Spain registered a slight increase of 0.8% in April. This puts the average cost per square metre at €8.54 p/month. This figure returns us to similar levels seen in December 2009, when the average price was 8.55 euros p/month. Looking at the year-on-year variation, we see an even smaller Continue Reading

Rental Costs Increased in First Quarter

Rental Costs Increased in First Quarter

The average rental price in Spain increased 2.1% in the first quarter of 2019. In March, the average cost for renting a home was 8.47 euros p/m², according to data from fotocasa. “The average rental price continues to rise, but at a more moderate pace than what we were used to and with very different Continue Reading

Average Used Property Prices Up in April

Average Used Property Prices Up in April

According to pisos.com, the average price of second-hand housing in Spain was 1,715 euros per square metre in April. This represents an increase of 0.86% compared to March. With respect to April 2018, the annual variation is 9.08%. Last April the average price was 1,572 euros p/m². “House prices continue to move at a reasonable Continue Reading