Articles tagged as: balearic islands

September 23rd, 2014

According to the latest data from online holiday rental marketplace, HomeAway, Inc., more than a third of enquiries made for holiday rentals in Spain during the summer were for Andalucía (36% of the total). Requests for holiday rentals in Valencia accounted for 19% of the online applications, followed by the ...

Continue reading Spanish Holiday Home Rental Demand Up 20%

September 23rd, 2014

Recent data published by the Ministry of Development revealed that the average price per square metre of urban land experienced an increase of 3.5% in the second quarter of 2014, compared to the first three months of the year, to stand at 146.4 euros per square metre. This is positive news ...

Continue reading Urban Land Prices Rise by 3.5% in the Second Quarter

September 18th, 2014

The average price of rental housing fell by 0.7% in August over the same month in 2013, according to the Consumer Price Index (CPI) published by the National Statistics Institute on Friday. The adjustment is, however, one tenth lower than that of July (-0.8%). With this latest reduction, rental prices have ...

Continue reading Home Rental Prices Accumulate 17 Months of Declines

September 17th, 2014

According to statistics released by the Spanish Ministry of Development last week, home values fell by 2.9% year-on-year in the second quarter of 2014, to a price per square metre of 1,459.3 euros. This is the lowest recorded reduction since 2008, and all indications are that the discounts are coming ...

Continue reading Government Statistics Show House Prices Still Falling

September 11th, 2014

Private housing prices rose by 0.8% in the second quarter of 2014, compared to the same period last year, marking their first positive annual increase since the first quarter of 2008 and putting an end to six years of annual declines, according to the latest House Price Index published on ...

Continue reading House Prices Rise First Time Since 2008

September 9th, 2014

The average price of resale property in Spain in August stood at 1,656 euros/m2 and registered a monthly increase of 1%, according to recent data from the real estate website, fotocasa.es. This is the second increase this year after the price of second hand housing registered a slight increase of ...

Continue reading August House Prices Record Biggest Monthly Rise in 8 years

September 8th, 2014

According to the fourth annual analysis of the housing market in Spain, carried out by the real estate department of Deloitte, the cumulative decline in house prices since the beginning of the crisis has caused the average rate of effort of Spanish households (percentage of household income spent on mortgage ...

Continue reading Buying a Home More Affordable in Spain than in the EU

September 3rd, 2014

Demand for rented holiday homes in Spain has remained stable during 2014, according to the Fourth Annual Analysis of Trends in Holiday Rentals prepared by the travel website, TripAdvisor. The survey, of 1,200 Spanish users between 28th and 30th July, is not limited to the summer season but aims to ...

Continue reading Apartment and Beach Still Preferred Holiday Rental Options

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 ...

Continue reading International Tourists Spent Record 34,497 Million Euros to July

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, ...

Continue reading Largest Rental Property Discounts Requested in Huesca Province

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 ...

Continue reading Spain Received 36.3 Million International Tourists through to July

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 ...

Continue reading Social Security Loses 8,913 Foreign Contributors in July

August 22nd, 2014

The IPE Institute’s real estate pulsometer estimates that the stock of unsold homes in Spain will reach a total of 652,000 in 2014, which is an increase of 14.8% over the previous year. Since 2010, the surplus of unsold homes has fallen by only 290,000 homes. The regions with the largest ...

Continue reading Valencia Region has Largest Stock of Unsold Homes

August 20th, 2014

According to data released on Monday from the tourism studies section of the Ministry of Industry, Energy and Tourism, in the first seven months of the year the low cost airlines carried 18.3 million passengers, which represents an increase of 10% over the same period last year. In contrast, the traditional ...

Continue reading Low Cost Airlines Transported 18.3 Million Passengers to July

August 20th, 2014

Housing rental prices fell by 0.8% in July 2014, the same decline they experienced a month earlier, and half a point higher than the overall rate, which stood at -0.3%, according to the latest data published by the National Statistics Institute. By region, the most significant decreases were registered in: Navarra ...

Continue reading Rents Fell Another 0.8% in July