Articles tagged as: balearic islands

December 19th, 2014

According to the latest land price statistics prepared by the Ministry of Development, corresponding to the third quarter of 2014, a total of 4,293 urban land transactions were registered in the third quarter of 2014, representing an increase of 13.2% over the previous quarter, and an increase of 21% compared ...

Continue reading Urban Land Transactions Increased by 21% in Q3

December 17th, 2014

According to the Consumer Price Index (CPI) for November, published on Friday by the National Statistics Institute, the average price of rental housing in Spain dropped by 0.7% in November, over the same month of 2013, slightly greater than the decline in the general CPI, which fell by 0.4%. With this ...

Continue reading Home Rental Prices Fall for 20th Consecutive Month

December 16th, 2014

According to data from the holiday rental platform, HomeAway, based on enquiries received during 2014 for property rentals between 20th December to 7th January, the demand for holiday home rentals over the Christmas period in national and international destinations has increased by 19%. Destinations within Spain account for 41% of the ...

Continue reading Christmas Holiday Rental Demand Increases

December 16th, 2014

Home sales in Spain increased by 13.5% in the third quarter of the year, compared with the same period in 2013, accumulating a third consecutive quarter of positive results, according to the Ministry of Development’s data published in a press release last Thursday, the same day the National Statistics Institute ...

Continue reading Home Sales Up 13% in Q3

December 12th, 2014

A total of 7,983 new companies were created in Spain in October, according to the latest figures from the National Statistics Institute, which represents an increase of 2.9% over the same month of 2013, and two consecutive months of rises after five months of negative rates. The capital subscribed for the ...

Continue reading 7,983 New Companies Created in October

December 11th, 2014

According to a study carried out by HR Consultants, Randstad, which analyses the evolution of foreign professionals in Spain and their situation in the labour market, the number of foreign employees in the country has declined in the past four years and the labour market has lost more than 308,000 ...

Continue reading Number of Foreign Workers in Spain Has Fallen 17% Since 2010

December 11th, 2014

The price of housing in Spain registered another rise in the third quarter of the year, with the value increasing by 0.3% compared to the same period in 2013, and accumulated two consecutive quarters of increases, following the 0.8% increase registered between April and June, which was the first year-on-year ...

Continue reading Price of Housing Rises for Second Consecutive Quarter

December 10th, 2014

According to the monthly report on selling prices published by the real estate portal, www.pisos.com, second hand housing in Spain registered an average price of 1,569 euros per square metre in November 2014. Compared with the same month of last year, this represents a decline of -7.93%, while month-on-month, prices ...

Continue reading Second Hand Housing Prices Fell by 7.93% in November Y-o-Y

December 9th, 2014

According to official statistics, the price of housing is continuing to fall in most Spanish cities. However, in the current economic climate, the financial effort required to purchase a home is still very high and, according to a study carried out by property portal, idealista.com, using Fedea’s data on personal ...

Continue reading Financial Effort Required to Buy a Home Remains High

December 4th, 2014

Data from the latest real estate price index published by Spanish property portal, idealista.com, indicate that the price of second hand homes in Spain fell by 0.2% during the month of November, compared to the previous month, to stand at 1,597 euros/m2. Year-on-year the decline is 5.1%, compared with the ...

Continue reading Price of Resale Housing Fell by 5.1% Y-o-Y in November

December 2nd, 2014

The average price of private housing in Spain stood at 1,455.8 euros/m2 in the third quarter of 2014, representing a year-on-year decrease of 2.6%. All regions registered price declines, according to data from the Ministry of Public Works, with the most pronounced being registered in Navarre (-7.5%), Extremadura (-5.5%) and ...

Continue reading House Prices Fell by 2.6% Y-o-Y in Q3

December 1st, 2014

The results of the latest Egatur tourist expenditure survey, released by the Ministry of Industry, Energy and Tourism last week, show that this year, in the ten month period from January to October, spending by international tourists visiting Spain registered a new record, increasing by 7% compared to the same ...

Continue reading International Tourists Spent Record 56,374 Million Euros to October

November 28th, 2014

The latest figures published by the National Statistics Institute show that the total number of overnight stays in Spanish hotel establishments in October amounted to 26.2 million, driven by both domestic and foreign tourism, and represented an increase of 5.1% compared to the same month in 2013. In contrast, the average ...

Continue reading Hotel Overnight Stays Up 5.1% in October

November 26th, 2014

Between January and October this year, for the first time on record, Spain received 58.3 million tourists, representing growth of 7.5% over the same period of last year, and 4.1 million more tourists than a year ago, according to the Frontur tourist border movements survey published on Friday by the ...

Continue reading Spain Received Record 58.3 Million Tourists to October

November 26th, 2014

According to a recent study carried out by independent consumer comparison website, Kelisto.es, at the end of 2014 the average price of a house in Spain will stand at around 157,717 euros, representing an increase of 1.4% compared to 2013, the first since the housing bubble burst in 2008. The study ...

Continue reading House Prices Will Stand Still Next Year then Fall Again Until 2019