The Latest Spanish Property News

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

March 23rd, 2015

The average price of housing for rent in Spain increased by 1.3% in February, month-on-month, to stand at 6.85 euros/m2 per month, according to the most recent data published by property portal, fotocasa.es. With regard to the year-on-year decline registered in February, of -0.7%, it is the smallest decline recorded ...

Continue reading Rental Housing Prices Rose by 1.3% in February

March 20th, 2015

In a report published this month on the situation in Spain and its business structure, the credit rating agency, Moody's, forecast that the expected growth in Spain’s tourism sector during 2015, motivated by the current weakness of the euro and low oil prices, will mean further positive increases in credit ...

Continue reading More Tourists Mean More Credit for SMEs, Say Moody’s

March 20th, 2015

According to the latest land price statistics published this week by the Spanish Ministry of Development, in the fourth quarter of 2014 the average price of land, per square metre, rose by 5.2% year-on-year, to stand at 155.6 euros, returning to the path of growth it lost during 2013. Compared ...

Continue reading Urban Land Prices Rise by 5.2%

March 19th, 2015

Data published this week by the Tourism Studies Department of the Spanish Ministry of Industry, Energy and Tourism, show that the low cost airlines transported 3.3 million passengers up until February, which represents an increase of 14.4% over the same period of the previous year.At the same time, the traditional ...

Continue reading Low Cost Airline Passengers Up 14.4% to February

March 19th, 2015

The sale of homes in Spain dropped by 10.9% year-on-year in January, to a total of 21,320 transactions, according to the most recent data from the General Council of Notaries. However, the Notaries stated that "despite the drop in the monthly figures, the data reflects a stabilisation in home sales".By ...

Continue reading Home Sales Fell by 11% in January, Say Notaries

March 18th, 2015

According to a recent study carried out by leading commercial property and real estate services consultants, CBRE, 15% of European investors placed Spain as their favourite investment destination, behind only the United Kingdom, which was chosen by 31% of the investors surveyed.This demonstrates that the improvement in the Spanish economy ...

Continue reading Spain is Europe’s Second Most Attractive Country for Property Investors