Articles tagged as: Spain real estate

April 21st, 2015

The General Council of Notaries’ real estate statistics corresponding to February indicate a moderate recovery for Spain’s housing market, although the institution still registered further declines in the number of home sales (-1.9%) and their prices (-3.1%), while at the same time they registered a significant surge in the number ...

Continue reading Notaries Cite Moderate Recovery for Real Estate Sector

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 8th, 2015

Recent data released by the Spanish Ministry of Development revealed that the volume of real estate transactions on private housing carried out by foreign residents in Spain in 2014, amounted to a total of 8,609.5 million euros.This amount represents an increase of 26.6% over the figure for 2013, which stood ...

Continue reading Foreign Residents’ Real Estate Investment Rose by 26.6% in 2014

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 6th, 2015

The number of building licence applications for new housing grew by 38.9% in January, to a total of 3,466 certificates, after ending last year registering the first upturn since 2006, in anticipation of a certain recovery in developer activity, according to data from the Ministry of Development.However, the figures are ...

Continue reading Building Permits for New Homes Grew by 38.9% in January

April 3rd, 2015

Transactions for private housing in Spain reached a total of 46,996.2 million euros in 2014, representing an increase of 23.4% compared to the same period the year before (38,075.6 million euros) and breaking three years of declines, according to data published by the Ministry of Development and prepared by Servimedia.The ...

Continue reading Spain Housing Transactions Moved 46,996 Million Euros in 2014

March 26th, 2015

The credit rating agency, Fitch Ratings, said in a statement this week that the latest data on the real estate sector in Spain indicates that the prolonged period of house price declines appears to be coming to an end, but they warned that the recovery of the Spanish real estate ...

Continue reading Spain House Price Declines Ending, Says Fitch

March 24th, 2015

Recent data published by the European Commission statistical office, Eurostat, indicates that activity in Spain’s construction sector increased by 14.4%, year-on-year, compared with an average rise of 3% registered across the European Union.Compared with December last year, the construction activity in Spain advanced by 2% in the first month of ...

Continue reading Spain Leads Upturn in European Construction

March 19th, 2015

The sale of homes in Spain dropped by 10.9% year-on-year in January, to a total of 21,320 transactions, according to the most recent data from the General Council of Notaries. However, the Notaries stated that "despite the drop in the monthly figures, the data reflects a stabilisation in home sales".By ...

Continue reading Home Sales Fell by 11% in January, Say Notaries

March 17th, 2015

The sale of homes in Spain grew by 21.6% during 2014, reaching a total of 365,594 transactions, according to the Ministry of Development’s real estate transactions statistics, which highlights that this is the highest figure for home sales since 2010.All of Spain’s regions registered increases in the number of home ...

Continue reading Home Sales in Spain Increased by 21.6% in 2014

February 13th, 2015

The Tinsa IMIE General and Large Markets Index for January, published this week, shows that in January this year the average price of finished housing (new and used) stood at 2.7% below the level of January 2014. This is the first time since June 2008 that the General Index has ...

Continue reading House Prices Fell by 2.7% Y-o-Y in January

February 11th, 2015

Over the next five years the volume of people employed in the Spanish real estate sector will increase, in relation to the working population, to account for around 10% of the total, according to a recent survey carried out by the consulting firm KPMG.This rate is three points higher than ...

Continue reading Real Estate Sector Will Employ 10% of the Active Population by 2020

February 6th, 2015

With just three months until the 17th Edition of the International Real Estate Exhibition (SIMA) opens it doors in Madrid from 7th until 10th of May, the organisers are looking at the possibility of expanding the size of the exhibition space in order to meet the demand, as already more ...

Continue reading Sima 2015 Organisers Looking to Expand Exhibition Space

January 7th, 2015

Recent data from the Ministry of Development shows that, in the period from January to September of 2014, real estate transactions for private housing carried out by foreigners resident in Spain, reached a total of 6,077.4 million euros. This amount is 28.4% higher than the figure recorded during the same ...

Continue reading Foreigners’ Investment in Spanish Housing Still Rising

December 31st, 2014

The number of applications for building permits to construct new housing in Spain surged by 6.7% in the first ten months of the year, compared with the same period of 2013, one percentage point more than in September, to stand at a total of 30,858 applications, according to the Ministry ...

Continue reading House Building Permits Rose by 6.7% to October