The Latest Spanish Property News

August 21st, 2014

The price of hotels and other accommodation increased by 8.3% in July, compared to the 8.9% increase registered in the same month last year, according to the Consumer Price Index (CPI). The statistics, published by the National Statistics Institute, showed that in annual terms the price of hotels and other accommodation ...

Continue reading Hotel Prices Up 8.3% in July

August 21st, 2014

The Sareb (Company for the Management of Assets proceeding from Restructuring of the Banking System) closed the first half of 2014 with revenues of 1,696 million euros. Of this, 74% comes from the management and sale of financial assets and the remaining 26% from real estate assets, according to information provided ...

Continue reading The Sareb Sold 8,104 Properties to June

August 20th, 2014

According to data released on Monday from the tourism studies section of the Ministry of Industry, Energy and Tourism, in the first seven months of the year the low cost airlines carried 18.3 million passengers, which represents an increase of 10% over the same period last year. In contrast, the traditional ...

Continue reading Low Cost Airlines Transported 18.3 Million Passengers to July

August 20th, 2014

Housing rental prices fell by 0.8% in July 2014, the same decline they experienced a month earlier, and half a point higher than the overall rate, which stood at -0.3%, according to the latest data published by the National Statistics Institute. By region, the most significant decreases were registered in: Navarra ...

Continue reading Rents Fell Another 0.8% in July

August 19th, 2014

Nautical tourism is regaining its popularity in the ports on the Malaga coast. The average annual occupancy rate in the 11 ports that dot the coast is far from the 100% these facilities experienced seven years ago, but the sector’s data indicates a rebound in activity, to the extent that ...

Continue reading Malaga Ports Note Rise in Nautical Tourism

August 19th, 2014

In last week's Spanish property news, prices are down and sales are up. Property sales that completed in June were up by more than 16 percent, while prices fell by a further 4 percent compared to 2013. This continues a lessening curve that favours well with the start of the year, ...

Continue reading Property Pulse Issue 494 – 19th August, 2014

August 19th, 2014

Home sales in June reached a total of 30,231 transactions, representing a rise of 16.3% compared to the same month in 2013, according to statistics published on Monday by the General Council of Notaries. The Notaries say that this rise in the volume of transactions in recent months is due to ...

Continue reading Home Sales in Spain Rose by 16.3% in June

August 18th, 2014

If you’re thinking of buying a property in Spain then we recommend a visit to A Place in the Sun Live - the next official exhibition of the hit Channel 4 TV series is taking place at the NEC Birmingham from October 3rd to the 5th. Every year Spain is the most ...

Continue reading FREE Tickets – A Place in the Sun Live (October 3-5)

August 18th, 2014

The Consumer Price Index (CPI) cut four tenths off its rate, year-on-year, to -0.3%, thus returning to negative annual rates, with the biggest drop since October 2009, when the decline was 0.7%, the National Statistics Institute confirmed earlier this week. This reduction in the rate of inflation, which is in line ...

Continue reading The CPI Fell to -0.3% in July Year-on-Year

August 18th, 2014

The monthly price of rental housing in Spain has dropped by an average of 267 euros since the prices peaked in May 2007, according to the latest analysis prepared by the real estate portal, fotocasa.es. The study notes that, in 2007, renting a house cost on average 810 euros per month ...

Continue reading Home Rental Prices in Spain Have Dropped 33.1% Since 2007

August 15th, 2014

The Directorate General of Traffic (DGT) is expecting 5.8 million trips to be taken this long holiday weekend (puente), with the increase of vehicles being due to the traditional festivities of 15th August. The DGT have therefore launched a special operation for the weekend, concluding on Sunday 17th August at ...

Continue reading Busiest Holiday Weekend of the Year

August 15th, 2014

The average house price in Spain fell by 4.4% in July 2014, compared to the same month in 2013, and has accumulated a decline of 40.3% since the maximum values reached in 2007 before the outbreak of the crisis, according to the property appraisal firm, Tinsa. The decline registered in the ...

Continue reading Housing Prices in Spain Down 4.4% in July Year-on-Year

August 14th, 2014

The National Statistics Institute reported on Monday that more than 378.6 million passengers used Spain’s public transport systems in June, which is 1.8% less than in the same month of 2013. City transport decreased by 0.7% and inter-city transport fell by 3.8%. Within the inter-city transport, bus and rail transport decreased, ...

Continue reading Public Transport Passenger Numbers Fell by 1.8% in June

August 14th, 2014

The downward trend in second hand housing prices continued in July, when they fell by 0.6% compared with the previous month, and by 7.5% year-on-year, according to a report prepared by the property portal hogaria.net. Specifically, the average price per square metre throughout the country stood at 1,596 euros in July, ...

Continue reading Price of Second Hand Homes in Spain Fell by 7.5% in July

August 13th, 2014

Madrid-Barajas was the Spanish airport which received most passengers in July, registering 4.06 million travellers, which represents an increase of 4.8%, year-on-year, and the highest number of passengers in the past 22 months. Despite not being the most visited in Spain, the Barcelona-El Prat airport also registered an increase, of 4.9%, ...

Continue reading Madrid-Barajas Airport Achieves Highest Passenger Numbers in 22 Months