Here you will find news, views, events and information relating to real-estate in Spain.
Sales of housing in November reached 47,182 transactions, according to notaries. This represents a year-on-year fall of 5.6%. The average price per square metre of homes sold in November was €1,406, representing a slight fall of 0.4%. Meanwhile, there was a 10.3% increase in new mortgage loans taken for the purchase of a home in Continue Reading
Spain’s new government are expected to put the entire property market under the microscope, with the current rental problems taking a priority. It is, without a doubt, the biggest challenge in the housing market at the moment and has its origin in the growing imbalance between high demand and low supply. This has, of course, Continue Reading
The price of used housing in Spain has increased 4.6% during 2019. This increase puts the average cost per square metre at 1,763 euros, according to data from idealista. During the last quarter, the increase was 1.6%, although this is based only on provisional data. According to Fernando Encinar, head of studies at idealista, “the Continue Reading
During the course of 2019, 17% of people in Spain over the age of 18 have had some level of involvement in the rental market, either as landlords or as tenants. This percentage is an increase of three points when compared to 2018. In fact, thanks to this increase, the rental market has recovered to Continue Reading
The number of home sales in Spain fell by 1.5% in October, compared to the same month in the previous year. However, when compared to September this year, the number of sales increased by 12.7%. 42,825 homes were transferred in October. 86.1% of the total property sales recorded in October correspond to urban property and Continue Reading
The Housing Price Index (IPV), corresponding to the third quarter of 2019, was published last week and shows an annual increase of 4.7% in the average price of Spanish property. The increase is inline with the upward trend of recent quarters, although this increase is the smallest recorded in the last three years. Compared to Continue Reading
The average price of second-hand housing in Spain stood at 1,706 euros per square metre in November 2019. The figure represents a monthly variation of -0.27% when compared to October. With respect to November 2018, the variation is +2.75%, according to data from pisos.com. In November last year the average cost per square metre stood Continue Reading
Over the last 12 months, purchases of housing as an investment represented 10% of the total sales transactions made in Spain. Sales of property for investment now make up the same amount as those transactions to purchase a second home, which also number 10% of the total. For comparison, the purchase of property for the Continue Reading
In October, the price of rental housing in Spain increased 2.4% when compared to September. On a year-on-year basis the increase was 3.6%, bringing the average price per square metre per month to €9.81. Across the autonomous communities the most expensive rental property is found in Madrid and Catalonia, with average prices of €14.82 p/m² Continue Reading
Malaga-Costa del Sol airport saw 1.8 million travellers pass through in October, an increase of 0.6% when compared to the same month last year. The passengers moved on 13,152 flights, a slight drop (-1.6%). The majority of passengers moved on commercial flights (1,870,398). Of these, 1.6 million were on international flights, 0.6% more than in Continue Reading
