Articles tagged as: spanish property

July 24th, 2014

The interest of international and institutional investors in the Spanish commercial real estate market has hit a new post-crisis record. With nearly 2,500 million euros in the first half of 2014, investment grew by 110%, according to data from consultancy firm BNP Paribas Real Estate. The interest of these foreign ...

Continue reading Commercial Real Estate Investment in Spain Reaches Post-Crisis Highs

July 22nd, 2014

According to the Spanish Real Estate Situation report published by independent property value experts, Euroval, only 30% of the homes currently purchased in Spain are made with a mortgage, and 70% are financed without a mortgage or paid in cash, which is quite a contrast with the data which recorded ...

Continue reading 70% of Homes Bought in Spain are Without a Mortgage

July 18th, 2014

According to the latest data from the General Council of Notaries, home sales rose year-on-year again in May, by 1.4%, to 29,966 transactions, which is slightly lower than the April figure, when more than 30,000 transactions were registered and the increase exceeded 11%. The Notaries explained the rebound in home sales ...

Continue reading Home Purchases Grew by 1.4% in May Year-on-Year

July 16th, 2014

The average price of rental housing in Spain fell by 0.8% in June, compared with the same month last year, according to the latest data published by the National Statistics Institute. Thus, with the June figure, home rental prices accumulated 15 consecutive months of declines. The decline in rental prices contrasts ...

Continue reading Rental Prices Getting Cheaper

July 15th, 2014

According to Look & Find’s online survey on the 'perception of the economic situation and most profitable investment options', 66% of those who participated in the survey were of the view that the purchase of a home would be the most profitable investment option for their savings at the present ...

Continue reading Home Purchase Once Again Best Investment Option

July 14th, 2014

Home rental prices in Spain started to rise during the second quarter of the year, breaking the downward trend of recent quarters, according to a recent report by Idealista.com. In Barcelona, landlords are asking for 2.3% more rent than 3 months ago, which equates to a rental price of about 11.2 ...

Continue reading Price of Rental Housing Increased in Second Quarter

July 11th, 2014

The National Institute of Statistics reported on Wednesday that home sales in Spain rose by 5.4% in May, over the same month of 2013, to a total of 28,124 transactions, thanks to a boost in the second hand market. The year-on-year increase in May is the third consecutive rise registered ...

Continue reading Homes Sales Up 5.4% in May Year-on-Year

July 9th, 2014

Renting a home in Pamplona between the 6th and 15th of July, the days when the festival of San Fermin are celebrated, is 520% more expensive than the rest of the year. This is the main conclusion drawn by fotocasa.es when comparing the supply of housing for seasonal rent advertised ...

Continue reading Pamplona Rental Prices Rise 520% During San Fermin

July 8th, 2014

Between January and April 2014, the number of new dwellings completed in Spain totalled 16,857, representing a fall of 21.8% compared to the same period in 2013 (21,553), according to the latest data from the Ministry of Development. Of the total homes completed in the first four months of 2014, ...

Continue reading Completion of New Build Homes Fell by 21.8% to April

July 4th, 2014

According to a report on the first half of 2014 published this week by the Sociedad de Tasación, the price of new housing in Spain fell by 4.8% last year, bringing the accumulated decline in market prices to 40% below their maximum values, i.e. to March 2002 levels. In the ...

Continue reading New Housing Prices at 2002 Levels

July 2nd, 2014

The report 'Spanish Coast 2014', prepared by the real estate appraisal company Tinsa, which analyses the current state of housing on the Spanish coast paying particular attention to residential tourism, shows that the property prices on the Mediterranean coast have accumulated an adjustment of 47.7% since their maximum values reached ...

Continue reading Tinsa Sees Signs of Recovery in Coastal Real Estate Market

July 1st, 2014

Applications for licences to build new homes in Spain fell by 8.8% in the first four months of the year, compared with the same period in 2013, to a total of 11,680 requests, and thus marked a new low for this period, according to data from the Ministry of Development. ...

Continue reading Building Permits for New Homes Down 8.8% to April

June 30th, 2014

The number of new mortgages granted on homes recorded in the property registers stood at 15,326 in April, which is 13.4% less than the same month in 2013, according to data published last week by the National Statistics Institute, who pointed out that these figures come from transactions carried out ...

Continue reading Home Mortgages Fell by 13.4% in April

June 27th, 2014

The number of urban land transactions carried out in the first quarter of 2014 reached a total of 3,318, which is 24.2% less than those made in the fourth quarter of 2013 (4,378), and 18.5% more than the first quarter of 2013, when 2,801 transactions were concluded, according to the ...

Continue reading Urban Land Transactions Up 18.5% in Q1

June 23rd, 2014

Another statistic showing the recovery of the housing market in Spain is the latest report published by the General Council of Notaries, which notes that home sales rose by 11.1% in April, and that the average price for these transactions grew by 0.7%, compared with the same month in 2013. ...

Continue reading Notaries Report Home Sales Increase of 11.1% in April