According to the latest Real Estate Flash Report from BBVA, despite a slow-down in house sales in March, the results from the first quarter of the year remain positive. Year-on-year, the first quarter closed with a 2.4% increase in property prices, a factor which the BBVA highlight as a confirmation of the recovery of the Continue Reading
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Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: Q1
Foreclosures Down 31.2% in First Quarter
Further to other data I have posted recently, the number of foreclosures has seen a significant fall in the first quarter of the year, adding to speculation that the property market recovery continues. The number of foreclosures on homes in Spain fell in Q1 by 31.2%, to stand at 6,118 actions, according to the latest Continue Reading
Data Points to Continued Housing Recovery
The price of housing in Spain increased in the first quarter of the year by 2.4% year-on-year, to stand at 1,492.4 euros per m², according to data released by the Ministry of Public Works. Despite the increase, in real terms (after inflation) housing in Spain is still 34.4% below the peak prices reached pre-crisis in Continue Reading
Sales to Foreign Buyers Increased in Q1
The number of foreigners purchasing property in Spain continues to increase, as confirmed in data released by numerous agencies, including the General Council of Notaries and the Association of Registrars. During the first quarter of 2016, demand from foreign buyers has continued to grow despite the slight overall decline, with foreign money accounting for 12.93% Continue Reading
Spain Received 4.8 Million Tourists in March
March was another great month for tourism in Spain with 4.8 million international visitors arriving, representing a 16.1% increase over March 2015. The UK once again provided the majority of those travellers with 1.1 million Brits visiting our sunny shores. With the weather they have been having lately it’s not surprising! Brits made up 23.1% Continue Reading
Fotocasa Data Shows Rental Cost Increase in Q1
Property portal Fotocasa have released data showing that the average price of rental property in Spain increased by 3.1% in the first quarter. Compare this to the data released last week by Idealista which also suggested an increase, but slightly higher at 4.3%. Renting one square metre now costs an average of 7.24€ per month. Continue Reading
