Articles tagged as: madrid

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

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

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 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

April 7th, 2015

According to data from the quarterly report prepared by property portal, pisos.com, the price of housing in Spain experienced a decline of 7.2% in March, compared with the same month of last year, and fell by 1.29% quarter-on-quarter compared to December 2014, to stand at 1,538 euros per square metre. ...

Continue reading House Prices Fell by 7.2% in March Y-o-Y

April 2nd, 2015

The 12 month euribor, the reference indicator most used to calculate mortgages, closed March at the all-time low of just under 0.2%, which will mean that mortgages constituted a year ago due to be reviewed in April could be reduced by as much as 200 euros per year.A year ago, ...

Continue reading Euribor Closed March at All-Time Low

April 1st, 2015

The Spanish Government reported in a press release on Friday that, according to the latest Egatur tourist expenditure survey data, international tourists visiting Spain spent a total of 6,567 million euros in the first two months of the year, representing an increase of around 8%, year-on-year, and the best figure ...

Continue reading Foreign Tourists Spent 6,567 Million Euros to February

March 31st, 2015

According to data from the Spanish airports’ operator, Aena, over the last year low cost airlines accounted for 75% of the air traffic in Spain. Among the top 30 airline companies operating in Spain, there are 22 low cost, which together carried a total of 126.15 million passengers in 2014, ...

Continue reading Low Cost Airlines Reign in Spain

March 31st, 2015

The Spanish National Statistics Institute reported last week that the number of new mortgage loans signed in January for the purchase of a home rose by 19.7% compared with the same month of 2014, reaching a total of 20,913 new loans.With this latest increase registered in mortgage activity, the sector ...

Continue reading Spain’s Mortgage Market Climbs for Eighth Month in January

March 26th, 2015

Up until the end of February, the number of foreign tourists visiting Spain increased by 4.5% over the same month of 2014, reaching a total of 6.5 million, according to the Frontur tourist border movements survey, published on Monday by the Ministry of Industry, Energy and Tourism.In the month of ...

Continue reading Spain Received 6.5 Million International Tourists to February

March 18th, 2015

According to a recent study carried out by leading commercial property and real estate services consultants, CBRE, 15% of European investors placed Spain as their favourite investment destination, behind only the United Kingdom, which was chosen by 31% of the investors surveyed.This demonstrates that the improvement in the Spanish economy ...

Continue reading Spain is Europe’s Second Most Attractive Country for Property Investors

March 17th, 2015

According to recent data from the Spanish Ministry of Development, the average price of private housing in Spain fell by 0.3% in 2014. In addition, 16.7% of the home sales transactions carried out in Spain in 2014 corresponded to foreign buyers, both residents and non-residents, which is the best percentage ...

Continue reading Foreign Home Buyers Still Attracted to Spain

March 12th, 2015

According to data from the Housing Price Index published by the Spanish National Statistics Institute on Monday, housing prices in Spain rose by an average of 0.3% in 2014, compared to the previous year, registering their first increase after six consecutive years of annual declines.Between 2008 and 2013, house prices ...

Continue reading Price of Housing Rose by 0.3% in 2014 Following Six Years of Declines

March 11th, 2015

Data published on Friday by the Spanish National Statistics Institute show that the Property Registers recorded a total of 33,416 home sales transactions in January, which represents an increase of 9.6%, compared to the same month in 2014, and also five consecutive months of increases.This fifth consecutive year-on-year rise is ...

Continue reading Home Sales in Spain Increased by 9.6% in January

March 6th, 2015

The price of second hand housing in Spain increased by 0.2% during the month of February, compared to the previous month, to stand at 1,595 euros/m2, according to the latest real estate price index from idealista.com. However, compared with February 2014, when the price of resale housing stood at 1,667 ...

Continue reading Resale Housing Prices Rise by 0.2% in February