The Latest Spanish Property News

April 24th, 2015

Spain closed the first quarter of the year with a record turnover of 10.6 million foreign tourists, which represents an increase of 5.3% over the same period in 2014, according to the latest Frontur tourist border movements survey data, published this week by the Ministry of Industry, Energy and Tourism.The ...

Continue reading Spain Received Record 10.6 Million International Tourists in Q1

April 24th, 2015

An article published in the latest issue of the British magazine, The Economist, has estimated that housing prices in Spain have fallen by 31.3% since the beginning of the crisis, in the first quarter of 2008, and warns that they are still falling. This decline is the third largest recorded ...

Continue reading Spain House Prices Have Dropped 31.3% Since Start of Crisis

April 23rd, 2015

Spain has an additional 19,040 self-employed foreigners than a year ago, according to data released by the OPA (federation of organisations of professionals, self-employed and entrepreneurs) based on Social Security statistics of the number of foreign nationals registered under the special scheme for self-employed workers.Thus, in February, there were a ...

Continue reading Self-Employed Foreigners in Spain Increased by 7.85% in February

April 23rd, 2015

The eurozone construction sector activity registered a decline of 1.8% in February, compared to the previous month, when it had increased by 1.6%, while year-on-year the figure fell by 3.7%, according to data published this week by the European Commission statistical office, Eurostat.In the whole of the European Union, production ...

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April 22nd, 2015

Spain is the European Union Member State with the greatest percentage of early school leavers, registering a rate of 21.9% of young people aged between 18 and 24 years prematurely leaving the education system with at most lower secondary education, and not in further education or training.This percentage is double ...

Continue reading Spain’s Early School Leaver Rate Reaches 21.9%

April 22nd, 2015

According to the Continuous Household Survey data for 2014, published by the National Statistics Institute, the number of people opting for rental housing is increasing, with up to 16.6% of Spanish families already living in rented homes.Although still far from the averages for other European countries, this percentage represents quite ...

Continue reading Rental Housing Gaining in Popularity

April 21st, 2015

The price of housing in Spain rose by 0.2% in the last quarter of 2014, compared with the same period of the previous year, according to recent data from the European Commission statistical office, Eurostat, while house prices in the countries of the eurozone registered an increase of 1.1% over ...

Continue reading Houses Prices Rise by 0.2% in Spain and 1.1% in the Eurozone

April 21st, 2015

The General Council of Notaries’ real estate statistics corresponding to February indicate a moderate recovery for Spain’s housing market, although the institution still registered further declines in the number of home sales (-1.9%) and their prices (-3.1%), while at the same time they registered a significant surge in the number ...

Continue reading Notaries Cite Moderate Recovery for Real Estate Sector

April 20th, 2015

According to the latest quarterly report published by the European Commission (EC), long-term unemployment in the EU countries has registered a slight decline, for the first time since the start of the crisis.In the report, the EC highlights important "positive trends", such as the continuing reduction in unemployment, the increase ...

Continue reading Europe’s Long-Term Unemployment Drops For First Time Since 2009

April 20th, 2015

The price of rental housing fell by 0.5% in the month of March, which is one tenth less than a month earlier, and only two tenths below the general index (-1.1%). The Spanish National Statistics Institute confirmed that the Consumer Price Index (CPI) rose four tenths in March, over that ...

Continue reading Home Rental Prices Fell by 0.5% in March

April 17th, 2015

Exceltur (Alliance for Excellency in Tourism), the non-profit group formed by the Chairmen of the 22 leading Spanish tourist companies in Spain, announced earlier this week that it has revised upwards its growth forecasts for Spain for this year, due to the recovery of domestic tourism and the greater influx ...

Continue reading Forecasts for Spain’s Tourism Sector Revised Upwards

April 17th, 2015

Real estate appraisal company, Tinsa, reported earlier this week that average house prices in Spain registered a decline of 2.8% year-on-year in March, compared with a decline of 3.6% registered the previous month, and has now accumulated a decline of 41.4% since the maximum values reached in December 2007, before ...

Continue reading Average House Prices Have Fallen by 41.4% Since 2007

April 16th, 2015

A total of 14.3 million passengers passed through the Aena airports network in March, El Economista reported, representing an increase of 6.9% over the same month of the previous year, and registering continuous growth over the past 17 months, with an increase in aircraft movements of 2.7%.Of the total number ...

Continue reading Aena Passengers Exceeded 14 Million in March

April 16th, 2015

The average price of second hand housing for sale in Spain stood at 1,618 euros/m2 in March, and registered a decline of -0.8% in the first quarter of the year, compared with the same period in 2014, according to a report entitled "Housing in the first quarter of 2015" prepared ...

Continue reading House Prices Register Softest Decline in Q1 Since 2010

April 15th, 2015

Forecasts contained in the Coyuntur report for the first quarter of 2015, prepared by the Spanish Ministry of Industry, Energy and Tourism, predict that Spain will receive more than 17.9 million international tourists in the second quarter of the year. In addition, the total spending generated by these tourists is expected ...

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