Articles tagged as: madrid

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

March 2nd, 2015

The number of new mortgages constituted on housing in Spain increased by 1.6% in 2014, compared to the previous year, reaching a total of 202,954, and represents a return to positive rates following seven years of declines, according to the latest data published by the Spanish National Statistics Institute.Since 2007, ...

Continue reading Home Mortgages Rose by 1.6% in 2014

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 ...

Continue reading 94,152 New Companies Were Created in Spain in 2014

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