The Latest Spanish Property News

November 28th, 2014

The latest figures published by the National Statistics Institute show that the total number of overnight stays in Spanish hotel establishments in October amounted to 26.2 million, driven by both domestic and foreign tourism, and represented an increase of 5.1% compared to the same month in 2013. In contrast, the average ...

Continue reading Hotel Overnight Stays Up 5.1% in October

November 28th, 2014

Buying property for the purpose of renting it out is now more profitable than before the crisis, according to the results of a study carried out by property portal, fotocasa.es, based on the latest report of house prices for sale and for rent in October. The data shows that buy-to-rent ...

Continue reading Canary Islands, Catalonia and Madrid Get More Return on Buy-to-Rent Properties

November 27th, 2014

According to the results of a survey, carried out by the Vodafone Communications Institute in six of the most important European countries (United Kingdom, Germany, Italy, Holland, Czech Republic and Spain) analysing more than 6,000 interviews with young people between the ages of 18 and 30 years, Spanish youths are ...

Continue reading Six in 10 Spanish Youths Plan to Look for Work Abroad

November 27th, 2014

The latest mortgage data published yesterday by the National Statistics Institute, based on previous public deeds recorded in the land registries, shows that the number of mortgages constituted on homes in September stood at a total of 19,323, which is 29.8% more than in the same month of 2013, and ...

Continue reading Home Mortgages Register Fourth Consecutive Rise in September

November 26th, 2014

Between January and October this year, for the first time on record, Spain received 58.3 million tourists, representing growth of 7.5% over the same period of last year, and 4.1 million more tourists than a year ago, according to the Frontur tourist border movements survey published on Friday by the ...

Continue reading Spain Received Record 58.3 Million Tourists to October

November 26th, 2014

According to a recent study carried out by independent consumer comparison website, Kelisto.es, at the end of 2014 the average price of a house in Spain will stand at around 157,717 euros, representing an increase of 1.4% compared to 2013, the first since the housing bubble burst in 2008. The study ...

Continue reading House Prices Will Stand Still Next Year then Fall Again Until 2019

November 25th, 2014

The Ministry of Industry, Energy and Tourism reported this week that, according to data collected by their tourism studies department, in the first ten months of this year the low cost airlines transported a total of 28.9 million passengers, which represents an increase of 10.3% over the same period of ...

Continue reading Budget Airlines Carried 29 Million Passengers to October

November 25th, 2014

The latest news release from the European Commission’s statistical office, Eurostat, reveals that Spain has become one of the main engines of construction activity in Europe. As has already been the case in several months of this year, production in Spanish construction (residential and civil engineering) was once again the ...

Continue reading Spanish Construction Activity Up 9.1% in September Y-o-Y

November 24th, 2014

The Spanish Government’s Ministry of Employment announced on Thursday last week that the number of foreign contributors to the Spanish Social Security system dropped by 15,382 in October, to a total of 1,566,953, representing a decline of -1% compared to the previous month, and pointed out that this is the ...

Continue reading Social Security Registers Drop in Foreign Contributors in October

November 24th, 2014

According to a recent report carried out by property portal, fotocasa.es, the average price of rental housing in Spain increased by 0.3% in October, compared to the previous month, bringing the price per square metre per month to 6.77 euros. In year-on-year terms, rental prices dropped by 2.8% in October, ...

Continue reading Home Rental Prices Rose by 0.3% in October

November 21st, 2014

The sixth edition of the Madrid Real Estate Fair (Salón de la Vivienda de Madrid) is to be held this weekend – 21st, 22nd and 23rd November – in Madrid's Vistalegre Palace, and will offer all types of housing over all different price ranges, with good financing conditions, for purchasing ...

Continue reading Madrid to Host Weekend Real Estate Fair

November 21st, 2014

The latest statistics from the Spanish Property Registrars show that a total of 79,561 home sales transactions were carried out in the third quarter of the year, which is an increase of 1.4% over the previous quarter, and significantly higher than the minimum recorded in the fourth quarter of 2013, ...

Continue reading Home Sales Increased by 1.4% in Q3 and Prices Remained Stable

November 20th, 2014

According to an Economically Active Population Survey (EAPS) carried out by the National Statistics Institute entitled “Wage Decile of the Main Job”, the Spanish regions of Madrid, the Basque country and Navarre were those with the highest salaries in 2013, compared with the national average, which stood at 1,869 euros. Data ...

Continue reading Average Wage in Spain Stood at 1,869 Euros in 2013

November 20th, 2014

In the third quarter of the year, home sales in Spain increased by 8.6% over the same period last year, while prices fell by an average of 4% in the same period, according to the latest data from the General Council of Notaries. In September alone, the volume of homes sold ...

Continue reading Spanish Home Sales Soared by 20.7% in September

November 19th, 2014

According to Eurostat’s flash estimate for the third quarter of the year, the gross domestic product (GDP) of the eurozone grew by 0.2%, compared with the rise of 0.1% in the previous three months, and 0.3% in the first quarter, which places Greece, Slovakia and Spain as the economies with ...

Continue reading Eurozone GDP Grew by 0.2% in Q3