The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading
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Tag Archives: Property For Sale
Increase in New Build Property Sales in January
The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading
Demand is Pushing Up Housing Prices
The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading
Sales of Homes in Spain Slowed in May
May saw a total of 200,906 property transfers registered, a fall of 5.4% than in the same month in 2022. Of those transfers, 109,714 related to property sales, an annual decrease of 7%, according to data from the INE. 86.8% of the sales registered in May correspond to urban properties and 13.2% to rustic ones. Continue Reading
Buying a New Property or a Resale Property
Planning to buy a property on the Costa del Sol? Choosing between a resale property and a new one is a crucial decision. Below, we’ll explore the pros and cons of each option to help you make an informed choice that suits your preferences and needs. Resale Properties Pros: Established Locations: Resale properties on the Continue Reading
