The Latest Spanish Property News

January 30th, 2015

In 2014, for the second consecutive year, Spain beat their best historical record for international tourist spending, reaching 63,094 million euros, an increase of 6.5% over the figure for 2013, which was also a record year. While presenting the data from the Egatur tourism expenditure survey this week at the Spain ...

Continue reading International Tourists Again Register Record Spending in 2014

January 30th, 2015

According to the 2014 Rental Housing report prepared by property portal, fotocasa.es, the average price of rental housing in Spain fell by -1.9% in 2014, placing its value at 6.77 euros/m2 per month, compared with 6.90 euros/m2 per month registered at the end of 2013. Nevertheless, seven regions noted rises ...

Continue reading Rental Housing Prices Registered Average Decline of -1.9% in 2014

January 29th, 2015

According to a recent report prepared by professional real estate services and investment consultants, JLL, direct investment in real estate assets worldwide exceeded 623,000 million euros in 2014, returning to the levels of 2006, before the crisis, and is expected to increase by a further 5% to 10% in 2015 ...

Continue reading Volume of Global Real Estate Investment Returns to Pre-Crisis Levels

January 29th, 2015

According to the IMIE local markets index, published this week by real estate appraisal company, Tinsa, based on around 200,000 valuations of new and used homes made annually by the company, the year-on-year decline in house prices intensified slightly in the last quarter of 2014, with their general index data ...

Continue reading House Prices Fell by Average of 4.5% at End of 2014

January 28th, 2015

The data from the latest Frontur Tourist Border Movements Survey reveal that, in 2014, Spain managed to beat, for the second consecutive year, its historical record for international arrivals, with 64.9 million foreign tourists visiting the country last year, which is an increase of 7.1% over the previous year, and ...

Continue reading Spain Breaks Record Receiving 65 Million Foreign Tourists in 2014

January 28th, 2015

The number of new mortgages constituted on homes listed in the property records reached a total of 15,900 in November, which is 14.2% more than in the same month of 2013, according to data published by the National Statistics Institute this week, relating to public deeds carried out in previous ...

Continue reading Home Mortgages Rose by 14% in November

January 27th, 2015

Following five months of declines, the number of foreign contributors to the Spanish Social Security system stood at a total of 1,552,639 in December, representing an increase of 0.21%, compared to the previous month, and 3,241 additional contributors. According to data published last week by the Ministry of Employment and Social ...

Continue reading Foreign Social Security Contributors Up 0.21% in December

January 27th, 2015

The average price of second hand housing in Spain fell by -5.7% in 2014, placing the value per square metre at the end of the year at 1,632 euros, compared with the value of 1,730 euros/m2 registered at the end of 2013, according to property portal, fotocasa.es, in their report ...

Continue reading Spanish House Prices Register Lowest Decline in Four Years

January 26th, 2015

The number of unemployed people in Spain fell by 477,900 people in 2014 to a total of 5,457,700, and the unemployment rate stood at 23.7% of the active population at the close of the year, which is two points lower than at the end of 2013 (25.73%), and one point ...

Continue reading Unemployment Rate Stood at 23.7% at End of 2014

January 26th, 2015

Spanish house prices registered an increase of 0.3% in the third quarter of last year (five tenths less than in the previous quarter) when compared to the same period in 2013, according to the data provided by the European Union Statistical Office, Eurostat. Moreover, Eurostat reported that prices in the eurozone ...

Continue reading Europe Also Gives End to Spanish House Price Declines

January 23rd, 2015

Between 2013 and 2014, the Spanish population fell by 358,442 people, a drop of -0.8%, to 46.7 million. According to the information published this week by the National Statistics Institute, this confirms that there has been a significant decline in the working population and also an increase in the number ...

Continue reading Spain’s Working Population Has Dropped by 428,000 People

January 23rd, 2015

Rental housing prices in Spain appear to have stabilised in 2014, according to property portal idealista.com, ending the year with an increase of 2.6%, which placed the price per square metre at 7 euros per month, and during the last quarter of the year, rental prices registered an increase of ...

Continue reading Spanish Rental Property Prices Increased by 2.6% in 2014

January 22nd, 2015

The Spanish unemployment rate will fall gradually over the next five years, but will continue to be one of the highest among the developed economies during the present decade, remaining above 21% until at least 2019, when the International Labour Organization (ILO) forecasts that the unemployment rate will fall to ...

Continue reading Spain’s Unemployment Rate Predicted to Fall Gradually Over Next Five Years

January 22nd, 2015

Spain registered a 15.9% increase in production in the construction sector in November, over the same month of 2014, the largest increase recorded in the whole of the European Union (EU), according to the EU Statistical Office, Eurostat, and is even higher than the percentage registered in October (+13.9%). The EU ...

Continue reading Spain – European Country with Biggest Increase in Construction

January 21st, 2015

In their January report, the Alliance for Tourism Excellence (Exceltur) estimated that the activity of the Spanish tourism sector increased by 2.9% in 2014, and generated 53,200 jobs. The Executive Vice President of the organisation, José Luis Zoreda, stressed during a press conference, that the data shows that "in 2014 Spanish ...

Continue reading Spanish Tourism Sector Grew by 2.9% in 2014