The Latest Spanish Property News

December 19th, 2014

The number of new car registrations stood at a total of 953,886 in the EU in November, which is a rise of 1.4% year-on-year but the lowest increase over the last year, despite the 17.4% increase recorded in the Spanish market, one of the five greatest in the region. Meanwhile ...

Continue reading European Car Registrations Down Despite Boost from Spain

December 19th, 2014

According to the latest land price statistics prepared by the Ministry of Development, corresponding to the third quarter of 2014, a total of 4,293 urban land transactions were registered in the third quarter of 2014, representing an increase of 13.2% over the previous quarter, and an increase of 21% compared ...

Continue reading Urban Land Transactions Increased by 21% in Q3

December 18th, 2014

Between January and November, the volume of international tourists passing through Spain’s AENA network of airports increased by 4.5%, maintaining the pace of preceding months, reaching more than 183.5 million passengers so far this year. Of all the passengers transferring through the 48 airports in the Spanish network, more than 128.5 ...

Continue reading AENA Airports Recorded 4.5% Increase in Passengers to November

December 18th, 2014

According to the latest statistics released by the General Council of Notaries, a total of 32,694 home sales transactions were carried out in Spain in the month of October, representing a decrease of 1.1%, year-on-year. The Notaries also reported that the average price of a home, based on actual transactions, ...

Continue reading Home Sales Fell by 1.1% in October, Say Notaries

December 17th, 2014

The European Commission statistical office, Eurostat, reported that employment rose by 0.2% in the eurozone and by 0.3% in the European Union (EU) between July and September, compared with the previous quarter. In the second quarter of the year, employment had risen by 0.3% in both the eurozone and in the ...

Continue reading Eurozone Employment Increased by 0.2% in the Third Quarter

December 17th, 2014

According to the Consumer Price Index (CPI) for November, published on Friday by the National Statistics Institute, the average price of rental housing in Spain dropped by 0.7% in November, over the same month of 2013, slightly greater than the decline in the general CPI, which fell by 0.4%. With this ...

Continue reading Home Rental Prices Fall for 20th Consecutive Month

December 16th, 2014

According to data from the holiday rental platform, HomeAway, based on enquiries received during 2014 for property rentals between 20th December to 7th January, the demand for holiday home rentals over the Christmas period in national and international destinations has increased by 19%. Destinations within Spain account for 41% of the ...

Continue reading Christmas Holiday Rental Demand Increases

December 16th, 2014

Home sales in Spain increased by 13.5% in the third quarter of the year, compared with the same period in 2013, accumulating a third consecutive quarter of positive results, according to the Ministry of Development’s data published in a press release last Thursday, the same day the National Statistics Institute ...

Continue reading Home Sales Up 13% in Q3

December 15th, 2014

The Foundation of Savings Banks (Funcas) has raised its economic forecasts for Spain, for both this year and next. The lowering of interest rates following additional stimulation measures adopted by the European Central Bank, the steep drop in fuel prices and the reduction of personal income tax, are some of ...

Continue reading Funcas Estimates Growth for Spanish Economy of 2.4% in 2015

December 15th, 2014

As a result of the sharp rise in the number of second-hand property transactions, sales of homes in Spain increased by 16% in October, compared to the same month of 2013, reaching a total of 26,468 transactions, according to the latest figures published by the National Statistics Institute, based on ...

Continue reading Home Sales Registered 16% Increase in October

December 12th, 2014

A total of 7,983 new companies were created in Spain in October, according to the latest figures from the National Statistics Institute, which represents an increase of 2.9% over the same month of 2013, and two consecutive months of rises after five months of negative rates. The capital subscribed for the ...

Continue reading 7,983 New Companies Created in October

December 12th, 2014

According to real estate appraiser Tinsa’s General IMIE index, housing prices in Spain broke the tendency towards stabilisation they have been demonstrating in recent months, and stood at 1,316 points in November, which represents a year-on-year fall of 6.3%, more than two points over the 4.2% year-on-year decline registered in ...

Continue reading November House Prices Register Y-o-Y Decline of 6.3%

December 11th, 2014

According to a study carried out by HR Consultants, Randstad, which analyses the evolution of foreign professionals in Spain and their situation in the labour market, the number of foreign employees in the country has declined in the past four years and the labour market has lost more than 308,000 ...

Continue reading Number of Foreign Workers in Spain Has Fallen 17% Since 2010

December 11th, 2014

The price of housing in Spain registered another rise in the third quarter of the year, with the value increasing by 0.3% compared to the same period in 2013, and accumulated two consecutive quarters of increases, following the 0.8% increase registered between April and June, which was the first year-on-year ...

Continue reading Price of Housing Rises for Second Consecutive Quarter

December 10th, 2014

Hotel prices in December this year are around 8% more expensive than last year, standing at an average of 90 euros per night, according to the latest trivago Hotel Price Index (tHPI), which also indicated that these prices are nevertheless 1% cheaper than in the month of November. The Index noted ...

Continue reading December Hotel Prices up 8% Over Last Year