The Latest Spanish Property News

April 1st, 2015

The 68th issue of the Kyero Spanish house price index has just been released to reflect the most recent asking prices of every property advertised on Kyero.com.Download it by clicking the image (150kB pdf)Download the full price index spreadsheetOverall, average asking prices increased from €232,000 at the end of Q4 ...

Continue reading Kyero Q1 2015 House Price Index – Issue 68

April 1st, 2015

The Spanish Government reported in a press release on Friday that, according to the latest Egatur tourist expenditure survey data, international tourists visiting Spain spent a total of 6,567 million euros in the first two months of the year, representing an increase of around 8%, year-on-year, and the best figure ...

Continue reading Foreign Tourists Spent 6,567 Million Euros to February

March 31st, 2015

According to data from the Spanish airports’ operator, Aena, over the last year low cost airlines accounted for 75% of the air traffic in Spain. Among the top 30 airline companies operating in Spain, there are 22 low cost, which together carried a total of 126.15 million passengers in 2014, ...

Continue reading Low Cost Airlines Reign in Spain

March 31st, 2015

The Spanish National Statistics Institute reported last week that the number of new mortgage loans signed in January for the purchase of a home rose by 19.7% compared with the same month of 2014, reaching a total of 20,913 new loans.With this latest increase registered in mortgage activity, the sector ...

Continue reading Spain’s Mortgage Market Climbs for Eighth Month in January

March 30th, 2015

The number of foreign citizens registered with the Spanish Social Security system in February reached a total of 1,528,369, representing an increase of 0.81% over the previous month (12,313 more contributors).Year-on-year, the number of foreign social security contributors has increased by 0.51% (7,681 more contributors), and is the first February ...

Continue reading Foreign Contributors to Spanish Social Security System Up 0.81% in February

March 30th, 2015

According to the calculations of Engel & Völkers, German real estate agents specialising in properties of high standing, the current price of a luxury villa in Mallorca is around five million euros and is over 2.5 times the price registered before the outbreak of the crisis. The agency firmly believes ...

Continue reading Luxury Homes in Mallorca 150% More Expensive than in 2007

March 27th, 2015

According to official data published by the State public employment services for the months of January between 2010 and 2015, collated by human resources company, Randstad, the volume of workers in Spain who are actively seeking alternative employment has grown for the first time in six years.At the moment, the ...

Continue reading Number of Working Jobseekers Increases First Time Since 2010

March 27th, 2015

The Spanish Confederation of Associations of Manufacturers of Construction Products (CEPCO) estimates that there are currently a total of 439,617 empty new homes in Spain, which means that this figure has dropped by 36% in the last five years.However, the reduction in the stock of these empty homes has not ...

Continue reading Reduction in Stock of New Homes Linked to Growth of Regional GDP

March 26th, 2015

Up until the end of February, the number of foreign tourists visiting Spain increased by 4.5% over the same month of 2014, reaching a total of 6.5 million, according to the Frontur tourist border movements survey, published on Monday by the Ministry of Industry, Energy and Tourism.In the month of ...

Continue reading Spain Received 6.5 Million International Tourists to February

March 26th, 2015

The credit rating agency, Fitch Ratings, said in a statement this week that the latest data on the real estate sector in Spain indicates that the prolonged period of house price declines appears to be coming to an end, but they warned that the recovery of the Spanish real estate ...

Continue reading Spain House Price Declines Ending, Says Fitch

March 25th, 2015

On the occasion of the International Day of Happiness, which was celebrated on 20th March, a study published by the European Commission statistical office, Eurostat, revealed that Spanish citizens graded their level of satisfaction with life at 6.9 points - on a scale of 0 to 10 - slightly below ...

Continue reading Spain Below the EU Average on Life Satisfaction Index

March 25th, 2015

Through the real estate portal, Casaktua.com, BMN (Banco Mare Nostrum) have launched a new campaign offering around 400 homes for sale located in the regions of Catalonia, Valencia and Murcia, which would cost the buyer an average monthly payment of less than 400 euros per month.Currently, according to a report ...

Continue reading Mediterranean Homes for Less Than 400 Euros Per Month

March 24th, 2015

Some 124,995 Spanish citizens left the country in 2014 to establish their residence abroad. This figure represents an increase of 6.1% compared to a year earlier, and brings the total number of Spanish now living abroad to 2.18 million.According to data published last week by the National Statistics Institute, two ...

Continue reading 2.18 Million Spaniards Now Living Abroad

March 24th, 2015

Recent data published by the European Commission statistical office, Eurostat, indicates that activity in Spain’s construction sector increased by 14.4%, year-on-year, compared with an average rise of 3% registered across the European Union.Compared with December last year, the construction activity in Spain advanced by 2% in the first month of ...

Continue reading Spain Leads Upturn in European Construction

March 23rd, 2015

The number of persons employed in the eurozone increased by 0.1% in the fourth quarter of 2014, compared to the previous three months, when it had increased by 0.2%, according to a report by Eurostat, which highlighted Spain and Latvia as the EU countries with the highest quarterly increases, which ...

Continue reading Spain and Latvia Led EU Job Growth in Fourth Quarter of 2014