Articles tagged as: madrid

February 27th, 2015

According to a study carried out by the online student rental accommodation portal, Uniplaces, owners of empty homes in Madrid, Barcelona and Valencia are losing around 334.4 million euros a month by not renting out their properties to students. Specifically, these three provinces account for a total of 760,436 empty ...

Continue reading Landlords Losing Over 334 Million Euros in Rental Income

February 24th, 2015

According to a recent study carried out by the real estate group, Tecnocasa, and the Pompeu Fabra University (UPF), it is the three bedroom apartments, and those which do not have a lift, which are offering the greatest return on the rental market in Spain, in excess of 6%. The report, ...

Continue reading Three Bedroom Flats Most Profitable on the Spanish Rental Market

February 17th, 2015

Despite the increase in the number of people learning English in Spain, there appears to be a generational gap, and currently it is the adults in the group of between 35 to 44 years of age who have the best levels of proficiency in the language, above the levels of ...

Continue reading Spaniards Between 35 and 44 Years Old Have Best English

February 16th, 2015

The number of new companies created in Spain increased by 0.8% in 2014 over 2013, and reached a total of 94,152, which is the largest figure registered in six years, according to the latest data released by the Spanish National Statistics Institute. The figure for 2014 is the fifth consecutive year-on-year ...

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February 13th, 2015

According to the online travel agency, lowcostholidays, the cities of Madrid, Paris and Barcelona lead their reservations rankings for St. Valentine’s Day getaways on 14th February. Among the other Spanish destinations chosen for a romantic break listed in the ranking of the top 10 cities are: San Sebastián, Granada, Seville, ...

Continue reading Madrid, Paris and Barcelona, Favourite City Breaks for Valentine’s Day

February 10th, 2015

The average price of second hand housing in Spain stood at 1,629 euros/m2 in January, and registered a month-on-month decline of -0.2% compared with December, according to data from property portal, fotocasa.es. In year-on-year terms, prices recorded a fall of -6.1% in January, which is more moderate than the decline ...

Continue reading Resale Housing Prices Fell by -0.2% in January

January 30th, 2015

According to the 2014 Rental Housing report prepared by property portal, fotocasa.es, the average price of rental housing in Spain fell by -1.9% in 2014, placing its value at 6.77 euros/m2 per month, compared with 6.90 euros/m2 per month registered at the end of 2013. Nevertheless, seven regions noted rises ...

Continue reading Rental Housing Prices Registered Average Decline of -1.9% in 2014

January 29th, 2015

According to a recent report prepared by professional real estate services and investment consultants, JLL, direct investment in real estate assets worldwide exceeded 623,000 million euros in 2014, returning to the levels of 2006, before the crisis, and is expected to increase by a further 5% to 10% in 2015 ...

Continue reading Volume of Global Real Estate Investment Returns to Pre-Crisis Levels

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 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 2nd, 2015

Spaniards have until 31st December 2020 to redeem the 1,664 million euros which they still hold in coins and banknotes of the old Spanish peseta currency. According to provisional data published earlier this week by the Bank of Spain, at the end of October, a total value of 860 million euros ...

Continue reading December 2020 Deadline for Redeeming Pesetas

January 1st, 2015

According to reservations made by Spaniards via the online travel agency, eDreams, 60% of Spanish travellers prefer to spend their end of year holiday abroad, with the most popular European destinations chosen for New Year’s Eve being France, Italy and the United Kingdom. Specifically, over 50% of the reservations made by ...

Continue reading Spaniards Opt to Spend New Year’s Eve in France, Italy and the U.K.

December 26th, 2014

The number of home mortgages constituted in October rose by 18% year-on-year, accumulating five consecutive months of increases. The increase registered in October is, however, lower than the figure recorded for the previous month, which stood at 29.8%. According to the latest National Statistics Institute data published this week, a total of ...

Continue reading New Mortgages Up 18% in October

December 24th, 2014

A total of 15 million overnight stays were recorded in Spanish hotels in November, representing a decline of  0.1% compared with the same month of 2013, according to the latest National Statistics Institute data. This decline is explained by the drop in the number of overnight stays of residents in Spain, ...

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December 23rd, 2014

One in every 20 kilometres of Spain’s road network has a very high risk of accident. These areas are referred to as "black spots" in a study conducted by EuroRAP, and are set according to the number of deaths and serious accidents in relation to the IMD index (daily average ...

Continue reading Nine Roads Account for 50% of Spain’s Black Spots