Articles tagged as: property in spain

February 20th, 2015

Some 13.01% of all of the home purchases carried out in Spain in 2014 were made by foreigners, more than the figure registered in 2013, when they accounted for 11.15% of all transactions, according to the latest data from the College of Registrars. In fact, this 13.01% figure for transactions ...

Continue reading Which Foreign Nationalities are Buying Most Spanish Homes?

February 19th, 2015

According to the College of Registrars’ latest real estate registry statistics, released last week, the price of housing in Spain rose by 2.5% year-on-year in the fourth quarter of 2014. The report notes that the data for the past few quarters show the changing trends in housing prices, indicating “a ...

Continue reading House Prices Rose by 2.5% in 2014

November 28th, 2014

Buying property for the purpose of renting it out is now more profitable than before the crisis, according to the results of a study carried out by property portal, fotocasa.es, based on the latest report of house prices for sale and for rent in October. The data shows that buy-to-rent ...

Continue reading Canary Islands, Catalonia and Madrid Get More Return on Buy-to-Rent Properties

November 7th, 2014

Following the Global Forum on Transparency and Exchange of Information for Tax Purposes held in Berlin last week, together with the political agreement reached at the EU ECOFIN Council meeting on 14th October for establishing this type of automatic exchange of information system within the European Union, a total of ...

Continue reading Spain Signs Historic Tax Information Exchange Agreement

September 16th, 2014

According to the latest Eurobarometer survey entitled 'Attitudes of European Citizens Towards the Environment', published last week by the European Commission, 59% of Spaniards say that they travel by public transport as much as possible, instead of by car, and value it as a daily measure in order to protect ...

Continue reading Spaniards are the Europeans who Travel Most by Public Transport

September 12th, 2014

The increase in home purchases and better short and medium term economic prospects have broken the run of price adjustments in the Spanish housing sector, following six years of declines, El Mundo reported on Tuesday. The average cost of a house in Spain rose by 0.8% in the second half ...

Continue reading Families Return to Property Market Breaking 6 Years of Price Adjustments

September 9th, 2014

The average price of resale property in Spain in August stood at 1,656 euros/m2 and registered a monthly increase of 1%, according to recent data from the real estate website, fotocasa.es. This is the second increase this year after the price of second hand housing registered a slight increase of ...

Continue reading August House Prices Record Biggest Monthly Rise in 8 years

August 8th, 2014

Declines in housing prices are continuing, but are less intense as time passes. This is according to the pisos.com monthly report on selling prices, which notes that resale property in Spain registered an average price of 1,603 euros per square metre in July 2014. This represents a fall of 8.62% ...

Continue reading Annual Decline in Housing Prices in Spain Moderates

June 17th, 2014

The Vice-President of the Spanish Government, Soraya Sáenz de Santamaría announced last week that the Government has taken an important step forward in the reform of the public administration services, with the approval of three new laws to be submitted to parliament which, she said: "are highly focused on facilitating ...

Continue reading Spanish Government Approves Reform Laws for Property Registers

June 9th, 2014

According to recent figures published by property portal, fotocasa.es, developed in collaboration with the IESE business school, the average price of second-hand property in Spain stood at 1,699 €/m2 in May, and registered a drop of -0.7% compared to April. Year-on-year, prices registered a decline of -5.3% in May, which ...

Continue reading Second-Hand Property Prices Record Lowest Annual Drop in 3 Years

May 9th, 2014

The average price of resale property in Spain stood at 1,710 euros per square metre in April, and registered a drop of -0.1% compared with the month of March, according to the latest figures published by property portal fotocasa.es, prepared in conjunction with the IESE business school. In terms of ...

Continue reading Price of Used Housing Fell by 5.5% in April Year-on-Year

May 7th, 2014

The credit rating agency, Standard & Poor's (S&P), has announced that they believe that homes in Spain are overvalued by between 9% and 18% compared with the level of household income. The firm also predicts that the value of property in Spain will fall by 2% this year, bottoming out ...

Continue reading Spanish Property is Overvalued Compared to Household Income, Says S&P

April 22nd, 2014

The evolution of the average price of resale property in Spain has significantly changed from 2013, according to a recent report from fotocasa.es. Last year they registered double-digit year-on-year declines, and specifically in June 2013 recorded the largest year-on-year drop in their comparable real estate index (-11.8%). However, the first ...

Continue reading Spain House Prices Fell by -1.1% in First Quarter

April 17th, 2014

The volume of foreign investment in real estate in Spain rose in 2013 for the fourth consecutive year, to a total of 6,453 million euros, the highest amount recorded in the last nine years, and 16% higher than a year earlier. The increase in funds allocated to purchasing property in Spain ...

Continue reading Foreign Real Estate Investment in 2013 Highest in 9 Years

February 11th, 2014

According to a recent report published by Deloitte, investment in non-residential property in Spain reached 2,896 million euros in 2013, representing an increase of 39% over the previous year. The firm cites the improved perception of the country’s risk and the reopening of the credit market as motivation for the ...

Continue reading Investment in Commercial Real Estate Grew 39% in 2013