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Tag Archives: Q1

Pace Slowing but Spanish Property is Still Selling

Pace Slowing Still Property Sales

Statistics recently released indicate that in Spain the number of properties sold in January compared to last year only rose by a small amount. Indications from the Spanish Land Registrar show 42,850 properties were sold in the January this year, which is only marginally more than the 42,745 sold in January 2018. The smaller property Continue Reading

Second-Hand Housing Prices Up in Q1

House prices continue to rise

As the first quarter of 2019 has flown by in the blink of an eye, the price of housing has risen by 1.68%, when compared to the previous quarter. In March, the average price of second-hand housing stood at 1,700 euros per square metre. When compared to Q1 in 2018, the increase is more significant Continue Reading

Sales to foreign buyers continue to grow

Foreign buyers account for 18.7% of property sales

The number of sales of property to foreign buyers continued to grow in the first half of 2018, although the trend of double-digit growth has ended. Sales of Spanish properties to foreign buyers amounted to 53,359 transactions in the first six months of the year, representing an annual increase of 5.6%. These sales accounted for Continue Reading

Six Provinces Have Seen Property Sales Double

The Balearic Islands saw 123.1% increase

There are six provinces in Spain where the number of property sales has increased by more than 100% from the minimums seen following the crisis. The recovery of the real-estate market continues and property sales continue to increase from the lows of 2013, the “annus horribilis” of the sector. Despite the fact that the latest Continue Reading

Average Rental Prices Increased During Q1

Rents increased 1.3% compared to February

At the close of the first quarter, rental prices had increased by 3.72%, when compared to the close of the previous quarter. This brought the average price to 780 euros. When compared to February, the increase is 1.3%. Compared to the same period in 2017, the increase is 15.56%, according to the latest data from Continue Reading

Used Housing Prices Up 2.2% in First Quarter

Used property prices increased 2.2% in Q1

The price of used housing in Spain increased by 2.2% in the first quarter of the year. This brings the average price of a square metre to 1,621 euros, according to the latest idealista price index. When compared to the same period in 2017, the variation is +7.1%. Head of idealista studies, Fernando Encinar, says Continue Reading

Housing Sales Up in First Quarter

Average house prices rose 4.6% in Q1

There was an increase in housing sales in most of Spain’s autonomous communities in the first quarter of 2017. This is according to the latest figures released by the National Council of Notaries. In the first quarter, the sale of housing saw average national growth of 19.2% year-on-year. All the autonomous communities saw growth except Continue Reading

Malaga Airport Passenger Numbers Increase

The airport handled 12.9% more flights in Q1

Málaga-Costa del Sol Airport closed the first quarter of 2017 with an increase in both passenger numbers and flight operations. When compared to the same period in 2016 there was an increase of 13.7% in passenger numbers, while the airport handled 12.9% more flights. Between January and March 2017, the airport handled 2,982,158 travellers and Continue Reading

Rental Costs Increased In Q1

Average rent costs up 8.8% in Q1

The price of rental property in Spain increased by 8.8% during the first quarter of 2017. The average price of rental property now stands at 8.9€ per square metre, per month. According to research from idealista, the increase in rental costs is being driven by increased demand. The demand is being led by two distinct Continue Reading

Q1 Saw Resale Property Prices Fall

Q1 closed with a 2.2% drop in prices

Somehow, we are already into the second quarter of 2017 and resale property prices in Spain marked the end of Q1 with a decline of 2.2%. This leaves the average price of a square metre of property at 1,513 Euros. The annual variation is -2.5%, according to the latest data from idealista. Fernando Encinar, head Continue Reading