The Latest Spanish Property News

May 27th, 2015

Spain continues to break records for foreign tourist arrivals, and received 16 million visitors in the first four months of the year, representing an increase of 4.4% over the same period of 2014.Moreover, in April alone, Spain registered a record 5.4 million visitors, an increase of 2.8%, largely due to ...

Continue reading Spain Receives Record 16 Million Tourists to April

May 27th, 2015

According to the European Commission statistical office, Eurostat, Spanish construction activity has slowed, with the production in the building sector in Spain falling by 8% in March over the same month of 2014, and by 1.4% compared to February. Both negative percentages represent the highest declines in Europe.These latest figures ...

Continue reading Construction Slows Again in Spain

May 26th, 2015

The Spanish Government’s Council of Ministers last week approved a Royal Decree renewing the Efficient Vehicle Incentive Programme, PIVE 8 Plan, following the success of the previous versions of the plan, and the resulting positive effect on the Spanish economy and the environment. The new plan, which is the last ...

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May 26th, 2015

The average price of rental housing in Spain increased by 0.2% in April, compared to the previous month, to stand at 6.98 euros/m2 per month, according to the latest data from property portal, fotocasa.es, while year-on-year the increase is 1%."In the last few months we have gone from registering widespread ...

Continue reading Home Rental Prices Rose by 0.2% in April

May 25th, 2015

Spanish tourists will spend an average of 2,273 euros on their holidays this year, with their overall budget increasing by an estimated 1.2%, according to a poll carried out by American Express on trends and spending during the summer holidays.60% of those surveyed said that they will allocate the same ...

Continue reading Spaniards Spend Around 2,273 Euros on Holidays

May 25th, 2015

Recent real estate statistics show that the market recovery in Spain is on track. The incipient recovery, already acknowledged by some experts in the sector, is now beginning to leave its mark on the employment data (construction is one of the sectors where unemployment has fallen most), the consumption of ...

Continue reading Demand for Homes Stimulates Urban Land Market

May 22nd, 2015

According to a study conducted by Randstad, some 9.3% of Spain’s workforce are foreign nationals, which is lower than the 10.1% of the workforce they represented in 2007, before the economic crisis. The study also highlighted that, in recent years, the volume of foreign workers over the total has increased ...

Continue reading Spain Has Less Foreign Workers than in 2007

May 22nd, 2015

According to the Global Investor Intentions Survey 2015 carried out among 700 international investors by the real estate consultant CBRE, Madrid is the sixth most attractive city in the world for real estate investors, behind London, Tokyo, San Francisco, Sydney and New York.Thus, the Spanish capital ranks ahead of other ...

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May 21st, 2015

Spanish women have their first child at the age of thirty (30.4 years on average), which places them next to Italian women (30.6 years), as the oldest first-time mothers throughout the European Union, according to data from 2013, published last week by the European Commission statistical agency, Eurostat, on the ...

Continue reading Spanish and Italian Women are EU’s Oldest First-Time Mothers

May 21st, 2015

According to the latest real estate statistics published by the General Council of Notaries, the number of home sales transactions in Spain grew by 12.3% during the month of March, while prices fell by 7.5%.This new drop in house prices has brought the average cost per square metre of housing ...

Continue reading Home Sales Up Prices Down, Say Notaries

May 20th, 2015

In the first four months of the year, low cost airlines transported 8.6 million passengers, which is 11.7% more than between January and April of 2014, and represents 47.5% of arrivals to Spain through airports. In addition, over 3 million foreign arrivals via low cost airlines were recorded in April, ...

Continue reading Low Cost Airlines Carried 8.6 Million Passengers to April

May 20th, 2015

According to the latest real estate registry statistics published by the Property Registrars, average housing values in Spain rose by 2.65% during the first quarter of the year compared to the same period of 2014, confirming the upward trend noted by other organisations. Since the maximum values reached in 2007, ...

Continue reading House Prices Rise by 2.65% in Q1

May 19th, 2015

The Spanish Government announced yesterday that, in accordance with the latest update of the formula that sets the calculation of prices of bottled liquefied petroleum gas (LPG), starting from today, the maximum price of a gas cylinder will drop from 15.81 euros per bottle to 14.12 euros, taxes included. This ...

Continue reading Gas Cylinders to Cost a Maximum of 14.12 Euros from Today

May 19th, 2015

The new  Q1 2015 Kyero Spanish Property Market Confidence Index reveals divisions in the market. - 71% of agents feel more confident in the Spanish property market than 1 year ago - 30% of English-speaking agents see stronger sterling as the most significant shift in the market - Almeria, Fuerteventura, Gran Canaria and ...

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May 19th, 2015

The square metre price of new builds, luxury and second hand homes is considerably lower in Barcelona and Madrid compared with other major European capitals, according to a report from Coldwell Banker on the European real estate market, comparing the real estate market situation in Monaco, Prague, Rome, Milan, Paris, ...

Continue reading Madrid and Barcelona House Prices Well Below the European Capitals