Articles tagged as: balearic islands

April 14th, 2014

The Spanish online holiday rental portal, HomeAway, carried out a study to forecast the demand for holiday rental accommodation ahead of the Easter holidays and, according to their data, it has increased by 46% compared to 2013 at national level, and 11% at international level. The length of stay has ...

Continue reading Demand for Easter Holiday Rental Accommodation Up 46%

April 14th, 2014

The price of rental housing in Spain at the end of March reached an average of 618 euros per month, which represents a drop of 4.86% compared to March last year, but an increase of 0.36% compared to February, and of 0.01% over the end of the last quarter of ...

Continue reading Home Rental Prices Stable in Q1

April 10th, 2014

The region of Valencia has established itself as the leader in Spain for home sales to foreigners in the last quarter of 2013, with 33.6% of the national total and 13,436 transactions. This is according to the report on the last quarter of 2013 prepared by the Commission for promoting ...

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April 4th, 2014

The Spanish Ministry of Development’s latest data reveals that the private housing market in Spain moved 38,016.5 million euros in 2013, which represents a decrease of 20.4% compared to 2012, when the amount moved was 47,782 million euros, and thus accumulates three consecutive years of declines. Furthermore, since the peak ...

Continue reading Private Housing Market Moves 38,016 Million Euros in 2013

April 2nd, 2014

The latest data published by the National Statistics Institute show that, in February, a total of 13.8 million overnight stays were registered in hotel establishments in Spain, indicating an increase of 5.5% when compared with the same month of 2013. Overnight stays of residents in Spain increased by 2.9%, and ...

Continue reading Overnight Hotel Stays Increased by 5.5% in February Year-on-Year

April 2nd, 2014

The price of existing homes in Spain continued to fall during the first quarter of 2014, dropping by 1.4%, to bring the price per square metre to 1,709 euros, according to idealista.com, who also indicated that the decline in year-on-year terms was 6.1%. Specifically, according to the property portal’s data, the ...

Continue reading Price of Used Housing Fell by 1.4% in First Quarter

March 25th, 2014

Between January and February Spain received 6.2 million tourists, which is an increase of 11.8% year-on-year compared with the first two months of 2013, according to the Frontur tourist border movement survey published on Friday by the Ministry of Industry, Energy and Tourism. 3.11 million tourists visited the country in February, ...

Continue reading International Tourist Arrivals Up 11.8% to February

March 24th, 2014

The number of private home purchases made by foreigners during 2013 stood at 55,187, which represents 21.4% of all transactions carried out, according to the General Council of Notaries’ statistics published last Thursday. The Notaries indicated that the total number of transactions made by foreigners has accelerated significantly compared to previous ...

Continue reading Foreigners Bought 55,187 Homes in Spain in 2013

March 21st, 2014

The Spanish Social Security system gained an additional 5,867 foreign contributors in February, an increase of 0.38% over the previous month, reaching a total of 1,520,688, the Ministry of Employment reported on Thursday. With the rebound in February, the number of foreigners in the Social Security system returns to the path ...

Continue reading 5,867 More Foreign Social Security Contributors in February

March 21st, 2014

The average price of rental housing in Spain in February stood at 6.90 euros per square metre per month, after experiencing an increase of 0.5% over the previous month, according to data from the property portal fotocasa.es, analysed by the IESE Business School. This is the first recorded increase after ...

Continue reading Rental Prices Rise for First Time in 19 Months

March 19th, 2014

The National Institute of Statistics reported last week that although home sales fell by 23.2% in January compared to the same month in 2013, to a total of 30,659 transactions, it was still the the highest figure since February 2013, when 35,500 transactions were carried out. These figures relate to completions ...

Continue reading Home Sale Fluctuations in January

March 13th, 2014

The Consumer Price Index (CPI) remained unchanged in February over January, and fell two tenths year-on-year, to 0.0%, its lowest level in a month of February since the comparable series began in 1961, the National Statistics Institute reported this week. The definitive annual CPI data (0.0%) differed by one tenth from ...

Continue reading February Inflation Drops Two Tenths Year-on-Year to 0.0%

March 11th, 2014

According to the latest House Price Index published by the National Statistics Institute on Friday, private housing prices fell by 7.8% in the fourth quarter of 2013, compared to the same period the previous year, thus accumulating 23 consecutive quarters of year-on-year declines, i.e. almost six years. During the past six ...

Continue reading House Prices Fell by 7.8% in Last Quarter of 2013

March 4th, 2014

The price of private housing fell by 4.2% at the close of 2013, a drop that, despite being moderate with respect to the previous two years, represents the sixth consecutive annual decline. Compared to the previous quarter, the average price of housing in the fourth quarter fell by 1.9%. El Confidencial ...

Continue reading House Prices Down 4.2% at Close of 2013

February 27th, 2014

According to Frontur's latest frontier tourist movement survey published on Friday by the Ministry of Industry, Energy and Tourism, Spain received 3.1 million tourists in January, which is an increase of 12.3% over the same month in 2013, and breaks the record marked in January 2008 (2.9 million visitors). The new ...

Continue reading Spain Received Record 3.1 Million Tourists in January