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Tag Archives: year-on-year

Home Sales Increased in June

June saw a 19.2% increase in used property sales

There were 88,034 property sales/purchases in June, an annual increase of 18.6%. Compared to the previous month the number fell by 1.3%, according to data released by the National Institute of Statistics. 86.8% of the properties sold were urban properties, compared to 13.2% rustic property. In the case of urban properties, 57.8% were for home Continue Reading

Spanish Property Sales Increased in May

New mortgages fell 1.4% in May

The number of property sales in Spain stood at 47,145 transactions in May, according to data released by the General Council of Notaries. This represents a year-on-year increase of 17.5% when compared to May in the previous year. By type of housing, the sale of used property showed an annual increase of 20.4% while sales 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

Rental Costs Increased in January

The cost of renting increased in January

Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading

Property Sales Increased in November

The total number of property sales in Spain increased by 6,8% in November. The number of home purchases increased by 17.3%, when compared to November 2015, according to the latest data from the INE. 84.6% of purchases correspond to urban properties, with 15.4% being rustic. In the case of urban sales, 56.3% were for the Continue Reading

Property Prices Fell Slightly in November

The price of used housing in Spain registered a decline of 1.1% during November. The average price per square metre now stands at 1,497€, according to the latest figures from idealista. If we look at the data in November 2015 (1,564 euros p/m²), the year-on-year fall is 4.3%. Autonomous Communities The price of resale housing Continue Reading

Another Month of Growth For Malaga Airport

Malaga-Costa del Sol Airport closed October with another month of growth, with over 1.5 million international passengers. A total of 1,711,802 passengers passed through Malaga Airport, with 1,520,033 being on international flights, an annual increase of 20.9%. This is according to data released by airport network AENA. Passengers were carried on over twelve thousand flights, Continue Reading

Rental Returns Increasing Year-on-Year

Buying a property in Spain and putting it out to rent seems to increase in profitability year on year. This is according to analysis by property portal fotocasa. Their data shows that the annual profitability that can be obtained from renting out a property is currently 5.3%. In 2015 it was 5.2%, in 2014 it Continue Reading

Spanish Housing Market Unchanged in October

The Spanish housing market (new and used property) remained stable in October. The IMIE House Price Index, from Tinsa, was unchanged since October 2015 standing at 1,379 points. Over the first ten months of the year the average price in Spain has increased only 2.2% Of the groups Tinsa evaluates only “Capitals and Major Cities” Continue Reading

Tourist Numbers Up in September

Spain saw a 10.2% increase in tourist numbers in September with 7.9 million international visitors, according to figures from the INE. The UK was the country of origin for the majority sending 2 million tourists to our fine shores. This represents 25.4% of the total and an increase of 12.8% when compared to September 2015. Continue Reading