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

Tag Archives: Property For Sale

Second-Hand House Prices Up 30% Since 2015

Prices in Palma de Mallorca are up 58%

The cumulative price of second-hand homes in Spain has increased by 15% over the last five years (since June 2015), according to data from property portal Fotocasa. “The price of second-hand housing at the end of 2019 suffered the first decrease in year-on-year prices following almost four years of uninterrupted increases. Since then, prices have Continue Reading

Property Market Shows Positive Signs in June

Buyers are coming back to the property market

As the country starts trying to get back to some sense or normality following lockdown, the property market recovered slightly. In June, there were 112,383 property transfers registered. Although this represents a 37.1% increase when compared to May, it is still 33% lower than in June 2019. When looking only at the sale of homes, Continue Reading

Housing Prices Up in Second Quarter

Spanish property prices up in Q2

The price of housing in Spain didn’t go down as expected in the second quarter despite the corona virus lockdown. In fact, prices increased by 1.6% when compared to the previous quarter. Year-on-year the average price went down by 1.9%, but this was nothing like the change that some experts were predicting during the national Continue Reading

Post-Covid Property Interest Remains Stable

Property buyers at similar levels post-covid

Post-corona housing demand appears to remain at similar levels to those seen before the national health crisis. 13% are seeking a rental property, while another 13% are looking to buy a home. Of course, the COVID-19 crisis altered everyone’s plans, including in the real estate market. However, the recorded demand has not fallen as much Continue Reading

New Buyers Could Save Property Market

Property viewings have changed lately

The latest property sales data released by the INE for April 2020, shows a decrease of 39.2%, more than double the 18.6% fall we saw in March. This is of course due to the state of alarm introduced across Spain in March to control the coronavirus and the figures do not come as a surprise. Continue Reading

Home Purchases by Foreigners Up in 2019

European buyers dominate sales to foreigners

In the second half of 2019, the sale of housing to foreign buyers increased by 0.5% year-on-year, according to figures released by the General Council of Notaries. Sales to foreign buyers recovered from the 3.2% decline which we saw in the first half of the year. Non-resident foreign buyers accounted for 42% of operations, a Continue Reading

COVID-19 Hits Sales Figures in March

Empty beaches, empty real estate offices!

Figures released by the INE this week reflect the predicted decline of property sales in March with an 18.6% fall. This followed the return to positive monthly variations in February after six consecutive months of falls. Of course, the fall in March is a direct result of the declaration of a state of alarm by Continue Reading

House Prices Down in First Quarter

House prices in Malaga fell 2.57% in Q1

According to a quarterly report from pisos.com, the average price of second-hand housing in Spain in March was 1,690 euros per square metre. This represents a decrease of 1.25% when compared to December 2019. Year-on-year, the fall is slightly smaller at -0.61%. When comparing March to February, the contraction is -0.89%. “The trend towards a Continue Reading

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

Home Sales Up in Andalusia in January

The Canary Islands saw a massive 60% increase in sales

In January, there was 184,699 property transfers registered in the property registers. This is 7.7% lower than in the same month of the previous year. As for sales of homes, there was a 2.6% drop compared to January 2019. 86.6% of property sales registered in January correspond to urban properties and 13.4% to rustic properties. Continue Reading