BLOG

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

Tag Archives: sales

Home Sales Increase 4.7% in May

Sales of new homes increased by 9.2%

The number of transferred properties written in the property registers (from public deeds) in the month of May is 183,748, which represents a 9.8% increase over the same month of 2017. Of the total transfers, 93,366 were property sales, representing an annual increase of 4.1%, according to the latest figures from the INE. Nicolas de Continue Reading

Brexit Fear Abating Amongst British Buyers

Still a large expat communityin Spain

Spain is still the preferred destination for British people looking to purchase a home abroad, according to idealista. After the uncertainty of Brexit took its initial toll on sales across the country, it seems the fear is abating amongst potential British buyers. Property developer Taylor Wimpey say reservations on the Costa del Sol, up to 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

Property Sales Slowed in March

Sales of new property fell 4.6% in March

The number of property transfers registered in the property registers in March was 157,047. This represents a decrease of 7.8% when compared to March in 2017. Of those transfers, 81,303 were property sales, an annual decrease of 5.4%. 84.8% of those property sales were urban properties, with the remaining 15.2% being rural. In the case Continue Reading

Housing Sales Up 2.7% in February

Sales of new property increased 2.4%

There were 39,945 housing sales in February, representing an annual increase of 2.7%, according to the latest report from the Council of Notaries. By type of property, the sale of apartments increased by 6.2%, while sales of single-family homes showed a notable fall of 11.6%, year-on-year. The increase in sales of apartments was due to Continue Reading

Urban Land Sales Increased in Last Quarter

Urban land sales increased in Q4

The number of urban land sales in Spain, the total area and the total value of sales increased in the last quarter of 2017. However, the average price of a square metre of urban land decreased in the fourth quarter of 2017 to stand at 153 euros. This represents a fall of 10.9% year-on-year. When Continue Reading

Residential Property Sales Highest Since 2008

Number of home sales by year

Residential property sales in 2017 showed the best result since 2008 with a total of 532,367 purchases throughout the year. This represents a 16.3% increase when compared to the previous year. Compared to the peak in 2006 (when sales reached 955,186 houses), we are still 44% below the maximum. However, compared to the 2013 minimums Continue Reading

Record Number of Foreign Buyers in 2017

2017 saw many records broken in Spain in relation to tourism and the real estate market. Now, figures from the Association of Registrars shows the number of properties sold to foreign buyers also broke records. During 2017, foreign buyers bought more than 61,000 homes in Spain, mostly in the coastal provinces and the islands. According Continue Reading

November Saw Property Sales Increase

Home sales increased 18.1% in November

There were 153,390 property transfers recorded in the property registers in November 2017. This represents a 4.9% increase when compared to the same month in 2016 , according to the latest figures from the National Institute of Statistics (INE). 85.4% of the purchases correspond to urban property, with the remaining 14.6% being for rural properties. Continue Reading

Property Sales Increased 21% in October

18.6% of homes purchased in October were new

Following on from the best third quarter since 2008 (in terms of property sales), in October, there were 143,249 property transfers in the property registers. This represents 12.3% more than in the same month in 2016, according to the latest data from the INE. When looking at only property sales/purchases there were 74,286 in October, Continue Reading