Articles tagged as: balearic islands

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 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 21st, 2015

According to the latest Real Estate Trends report produced by the ST Sociedad de Tasación, the average value of homes in Spain (new and used) increased by 1.3% in the fourth quarter of 2014, bringing the price per square metre to 1,326 euros. The recent data indicates that prices have now ...

Continue reading House Prices Rose by 1.3% at the end of 2014

January 20th, 2015

A total of 33,200 youths under 25 years of age signed a permanent work contract in 2014, representing an increase of 54% over the previous year, and its biggest increase since 2008, according to a report compiled by the Human Resources organisation, Randstad, from data provided by the Spanish public ...

Continue reading Permanent Jobs for Under 25s Registers Highest Growth Since 2008

January 19th, 2015

The Spanish National Statistics Institute reported earlier this month that the number of new companies constituted in November showed no variation over the same month of 2013 and remained stagnant at 7,352 companies. However, despite there being no year-on-year increase registered in November, the creation of new companies remained on ...

Continue reading 16.4% of New Companies in November were in Construction

January 16th, 2015

According to the 2014 annual report published by online holiday rental platform, HomeAway, the domestic demand for holiday rental properties in Spain increased by 25% compared with the figures for 2013. The analysis from the portal, which advertises over a million properties for rent in 190 countries, reveals that the Spanish ...

Continue reading National Demand for Spanish Holiday Rentals Grows 25%

January 9th, 2015

According to a recent report published by the National Federation of Associations of Self-Employed Workers (ATA), the number of self-employed workers increased in all the Spanish regions in 2014, and registered an increase of 75,465 additional self-employed workers at the close of the year, bringing the total number of self-employed ...

Continue reading All Regions Register Increases in Numbers of Self-Employed

January 8th, 2015

Data recently released from the Bank of Spain announced that the 12-month Euribor, the main mortgage reference for variable rate mortgages, fell to a record low of 0.329% in December, whereas in December 2013, the Euribor stood at 0.543%. At that time, the average mortgage value for the purchase of ...

Continue reading Low Euribor Reduces Mortgage Payments

December 29th, 2014

Between January and September 2014, the value of private housing transactions in Spain amounted to a total of  32,516.4 million euros, representing an increase of 25% compared with the same period of the year before, when the total value of the transactions stood at 25,999.8 million euros. Thus, according to the ...

Continue reading Real Estate Transactions Rise 25% to September

December 29th, 2014

International tourists spent 59,810 million euros in Spain in the first eleven months of the year, representing an increase of 6.7% compared to the same period in 2013, according to figures published on Friday from the Egatur tourist expenditure survey prepared by the Ministry of Industry, Energy and Tourism. In the ...

Continue reading International Tourists’ Spending up 6.7% to November

December 26th, 2014

A total of 118,866 temporary work contracts in Spain have been converted to a permanent nature in 2014, which is 11.8% more than in the previous year, according to an analysis carried out by the Human Resources organisation, Randstad, who also pointed out that over the past four years the ...

Continue reading Conversion From Temporary to Permanent Contracts Up 12% in 2014