Articles tagged as: Spain real estate

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

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

November 21st, 2014

The sixth edition of the Madrid Real Estate Fair (Salón de la Vivienda de Madrid) is to be held this weekend – 21st, 22nd and 23rd November – in Madrid's Vistalegre Palace, and will offer all types of housing over all different price ranges, with good financing conditions, for purchasing ...

Continue reading Madrid to Host Weekend Real Estate Fair

November 17th, 2014

Madrid City Council has granted, so far in 2014, more licences for the construction of new homes than in the whole of 2013, which in the opinion of the municipal government indicates a "change in trend in the activity in the sector". Up until the end of October, a total of ...

Continue reading Madrid Grants 3,131 Permits for New Homes to October

November 13th, 2014

Provisional data for September on the transfer of property rights, published this week by the National Statistics Institute, show that home sales in Spain increased by 13.7% in September compared with the same month of 2013, to a total of 27,024 transactions, due to the strong rebound in the number ...

Continue reading Home Sales Rose by 13.7% in September Y-o-Y

November 10th, 2014

According to the IMIE Local Markets House Price Index for the third quarter of 2014, published last week by property appraisers, Tinsa, the average price of housing in Spain fell by 4.3% in the third quarter, compared to the same period in 2013, accumulating a decline of 40.3% since the ...

Continue reading House Prices Fell by 4.3% Y-o-Y in Q3

October 30th, 2014

The average value of home mortgages contracted in Spain in August this year reached 102,430 euros, which is an increase of 5.8% over the same month of 2013, while the capital loaned increased by 31% year-on-year, to a total of 1,540.5 million euros. According to the latest data published this week ...

Continue reading Home Mortgages Increased by Nearly 24% Y-o-Y in August

October 20th, 2014

The latest statistics released by the General Council of Notaries for August, based on actual transactions closed during that period, show a new surge in real estate activity in Spain, with the number of housing transactions carried out reaching a total of 17,045, which is an increase of 13.9% over ...

Continue reading Home Sales Up, Prices Down in August

September 19th, 2014

Data from the General Council of Notaries, which is for many the most reliable and closest to reality reference when it comes to the housing market in Spain, have again published negative figures for the month of July, both in the number of sales (-9.8%) as well as the prices ...

Continue reading Housing Market Recovery Will Have to Wait, Say Notaries

September 16th, 2014

Provisional data published by the National Statistics Institute on Thursday last week indicated that home sales in Spain rose by 10.7% in July, over the same month of 2013, to a total of 28,583 transactions, driven by a surge in the second hand market. The year-on-year increase in July is the ...

Continue reading Home Sales Increased by 10.7% in July Year-on-Year

September 2nd, 2014

Although the price of resale housing in Spain fell by 0.4% in August, compared with the previous month, to stand at 1,669 euros/m2, eight regions noted an appreciation in their house prices, led by La Rioja (+1%) and Catalonia (+0.8%), according to figures from the latest real estate price index ...

Continue reading Eight Regions Registered Property Price Rises in August

August 27th, 2014

Although the number of companies in bankruptcy in Spain fell by 30% in the second quarter of this year, compared with last year, 25% were construction companies and, according to the National Statistics Institute’s data, the construction sector has led the bankruptcies in Spain since 2008. More than a quarter of ...

Continue reading Construction Sector Leader in Spain Bankruptcies Since 2008

August 12th, 2014

The National Statistics Institute reported last week that, in June, the sale of homes in Spain rose by 8.8%, compared with the same month of 2013, reaching a total of 26,076 transactions, mainly thanks to the impetus of the second hand market. The year-on-year increase in June is the fourth consecutive ...

Continue reading Home Sales in Spain Increased by 8.8% in June

July 28th, 2014

Around half a million new homes per year were added to the official housing statistics from 2001 to 2009, but since 2010 the increase in new homes has moderated every year and, according to recent data released by the Ministry of Development, the total housing stock in Spain stood at ...

Continue reading Spain Registers 0.23% Increase in Housing Stock in 2013