The Latest Spanish Property News

September 2nd, 2014

Young drivers between 18 and 25 years of age pay an average of 1,298 euros for their car insurance, which is 101.5% more than drivers between 26 and 35 years old, who pay on average 634 euros, and 145% more than an insured between 36 and 50 years of age, ...

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September 2nd, 2014

The Most Popular Spanish Properties for Sale The Most Popular Spanish Rental Properties Eight Regions Registered Property Price Rises in August International Tourists Spent Record 34,497 Million Euros to July Spanish Government to Provide Grants for Housing Reforms Benidorm is Favourite Destination in August for UK tourists Home Mortgages Increased by 19% in June, Year-on-Year Málaga City ...

Continue reading Property Pulse Issue 496 – 2nd September, 2014

September 2nd, 2014

Although the price of resale housing in Spain fell by 0.4% in August, compared with the previous month, to stand at 1,669 euros/m2, eight regions noted an appreciation in their house prices, led by La Rioja (+1%) and Catalonia (+0.8%), according to figures from the latest real estate price index ...

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September 1st, 2014

Spending by international tourists in Spain registered a new record through to the end of July, reaching 34,497 million euros, which represents an increase of 7% over the same period in 2013, according to figures from the latest Egatur tourism expenditure survey prepared for the Ministry of Industry, Energy and ...

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September 1st, 2014

In mid-July the Spanish Government approved a housing plan, with an allocated budget of 2,311 million euros up to 2016, which is focused entirely on the promotion of rental housing, restoration and energy efficiency. The construction sector’s participation in the field of restoration in Spain only reaches 28% of the total ...

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August 29th, 2014

The Benidorm City Council said in a statement earlier this week that, according to a study recently published by the British newspaper the Daily Mail, Benidorm is the fastest growing holiday destination in August among UK tourists, ahead of other destinations such as Marbella, Tenerife or Magaluf. The report was prepared ...

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August 29th, 2014

The total number of new mortgages granted on homes recorded in the land registries (from previous public deeds), stood at 17,137 in June, exceeding by 19% the figures for the same month in 2013, according to provisional data published this week by the National Statistics Institute. With June’s year-on-year growth, home ...

Continue reading Home Mortgages Increased by 19% in June, Year-on-Year

August 28th, 2014

Málaga city remains among the fastest growing destinations in the main tourism indicators, with an increase of over 10% in the number of hotel stays in the period from January to July this year, and an increase of around 9% in both the number of visitors and the occupation rate. A ...

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August 28th, 2014

In July, Huesca was the Spanish province where the greatest discounts were requested from people interested in renting a home, with the potential renters making offers an average of 18.9% lower than the prices sought by the owners, according to data from the property portal idealista.com. At the end of July, ...

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August 27th, 2014

In the first seven months of the year, Spain received 36.3 million international tourists, representing an increase of 7% over the same period of 2013, according to the latest Frontur tourist border movement survey, published on Friday by the Ministry of Industry, Energy and Tourism. This increased influx of tourists comes ...

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August 27th, 2014

Although the number of companies in bankruptcy in Spain fell by 30% in the second quarter of this year, compared with last year, 25% were construction companies and, according to the National Statistics Institute’s data, the construction sector has led the bankruptcies in Spain since 2008. More than a quarter of ...

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August 26th, 2014

The number of foreign contributors to the Spanish Social Security system stood at a total of 1,600,764 people in July, representing a decline of 8,913 workers (-0.55%) compared to the previous month, despite Spain’s good employment figures for July when an additional 62,000 contributors were registered in the system. According to ...

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August 26th, 2014

Early estimates published last week by the EU statistics office, Eurostat, indicate that, in the second quarter of the year, Spain was the European Union (EU) country where construction output rose most, after registering an increase of 7.0%. Spain was also the fourth country in the EU with the largest year-on-year ...

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August 26th, 2014

The Most Popular Spanish Properties for Sale The Most Popular Spanish Rental Properties Spain Leads European Construction Growth in Second Quarter ITVs More Costly Depending on the Region Spain Still Selling Mortgages with Controversial Ground Clause 50 Euro Social Security Flat Rate Boosts New Start-Ups Valencia Region has Largest Stock of Unsold Homes Hotel Prices Up 8.3% ...

Continue reading Property Pulse Issue 495 – 26th August, 2014

August 25th, 2014

The price of the Technical Vehicle Inspection (ITV) in Spain varies by up to 113% for diesel vehicles according to the region in which it is carried out, according to a study by Facua-Consumers in Action, which shows that Castilla y León has the highest prices. The results of the study ...

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