The Latest Spanish Property News

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 ...

Continue reading Spain Expected to Receive Over 17.9 Million Tourists in Q2

April 15th, 2015

The price of second hand housing in Spain fell by 5.5% in March, over the same month of last year, and by 0.1% compared to the previous month, to stand at a value of 1,576 euros per square metre, according to property portal, Hogaria.net.The company highlighted that during the third ...

Continue reading Price of Used Housing Dropped by 5.5% Y-o-Y in March

April 14th, 2015

The credit ratings agency, Fitch, has predicted that the delinquency rate on loans from banks to Spanish SMEs will reduce to 5% this year, compared with the 6.25% registered at the close of the previous year, as a “symptom of Spain’s economic recovery”.This would place the loan default rate of ...

Continue reading Spanish SMEs’ Loan Defaults Will Fall This Year, Says Fitch

April 14th, 2015

A total of 29,714 home sales transactions were registered in Spain in February, which is one of the highest figures in recent months, and represents an increase of 15.5% over the same month of 2014, according to the Spanish National Statistics Institute data released last week, which corresponds to sales ...

Continue reading Home Sales Increased by 15.5% in February

April 13th, 2015

IAG transported 16.67 million passengers in the first three months of the year, representing an increase of 9.1% compared to the same period in 2014, the CNMV reported last week. The airline holding group, which is made up of Iberia, British Airways (BA) and Vueling, raised its demand by 6.2% ...

Continue reading IAG Passengers Increased by 9.1% to March

April 13th, 2015

According to the BBVA’s 'Flash Real Estate Spain' report for April, the real estate sector in Spain is officially in recovery, and their statistics indicate that the situation is likely to continue, with the buying and selling of houses, construction and the signing of new mortgages continuing to rise, driven ...

Continue reading Spain Property Sector Still Recovering, Says BBVA

April 10th, 2015

In order to cope with the great demand, from Spain as well as from abroad, by people wishing to explore the newly re-opened walkway, El Caminito del Rey, the Internet portal www.caminitodelrey.info, the only means of applying for free tickets for this Málaga attraction, opens today, Friday 10th of April, ...

Continue reading Online Booking Opens for El Caminito del Rey

April 10th, 2015

In the first three months of the year, real estate transactions with a total value of 2,463 million euros were carried out in Spain, with foreign capital accounting for half of the operations. According to consultants, Cushman & Wakefield, the properties most in demand were commercial in nature, and represented close to ...

Continue reading Spanish Real Estate Sector En Route to a Record Year