The total number of transferred properties registered in the property registries in July was 170,109 This shows a fall of 4.7%, when compared to the same month of 2022. In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the Continue Reading
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New-Build Property Sales on the Increase
The total number of properties transferred in June reached 191,749, a 2.5% fall when compared to the same month in the previous year. In terms of property sales, the total number of transactions was 106,051, an annual fall of 1.6%, according to data from the INE. Of the total sales seen in June, 87.9% were Continue Reading
Sales of Homes in Spain Slowed in May
May saw a total of 200,906 property transfers registered, a fall of 5.4% than in the same month in 2022. Of those transfers, 109,714 related to property sales, an annual decrease of 7%, according to data from the INE. 86.8% of the sales registered in May correspond to urban properties and 13.2% to rustic ones. Continue Reading
Rental Prices in Spain Increase in April
The price of rental housing in Spain increased by 1.2% in April, when compared to the previous month. When compared to the same month in 2022, the increase was 7.3%. The average cost per square meter, per month, now stands at €11.69. “Although increases are no longer in double digits, the price of rental housing Continue Reading
Rental Prices Breaking Records
In Spain, the price of rental housing in April once again broke historical records, standing at €11.55/m² per month. This situation, which has been repeating itself since May 2022, has led the price not only to break records, but also to exceed the price recorded during the 2007 real estate bubble, by 14.1%, according to Continue Reading
Costa del Sol Real Estate in 2023
As we move further into 2023, the real estate market in the Costa del Sol region of Andalucia, Spain, continues to experience steady growth. With a booming tourism industry and a desirable lifestyle, it’s no surprise that the demand for property in this region remains high. One of the main factors driving the growth of Continue Reading
Malaga Ranked as Top Getaway Destination
Malaga has been named as the best city for an urban getaway by Forbes magazine. This is a list that excludes capital cities. The magazine said “Visit for yourself and you’ll soon see why the world’s eyes are turning to this stunning corner of Andalucia.” The list included over 400 cities from 89 countries with Continue Reading
