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Tag Archives: used

Buyers Turning Away From New Property

New property is too expensive most buyers

New property has typically been sparse as available plots of land become scarce and although new construction has returned to many areas, Spain is still suffering from a lack of “new” stock. According to a survey carried out by idealista, 3 out of 4 buyers have ruled out searching for new homes as the prices Continue Reading

Home Sales Increased 11% in September

18.3% of sales in September were for new property

The number of property transfers registered in the property registers in the month of September was 135,170. This is 1.8% more than in the same month in 2016, according to the latest data from the INE. Of those, the total number of property sales/purchases was a little over 74,000, an annual increase of 7.6%. 86.6% Continue Reading

Average Price of Used Property Up in July

Used property prices increased in July

The average price of used property in Spain stood at 1,700€ p/m² in July, a monthly increase of 0.4%. This increase shows we are seeing prices stabilise and we are leaving behind the large price falls of recent years. The price in July was 4.6% more than the same month in 2016 and is the Continue Reading

Prices in Capitals and Large Cities Increase 6%

Coastal property remains popular

Positivity in the real-estate market continued over the last 12 months. The average price of finished housing (new and used) in Spain has improved in the year to April 2017 showing a year-on-year increase in prices of 2%, according to the Tinsa IMIE. The category “Capitals and big cities”, with an increase of 6.1%, shows Continue Reading