Articles tagged as: spanish property

September 1st, 2014

In mid-July the Spanish Government approved a housing plan, with an allocated budget of 2,311 million euros up to 2016, which is focused entirely on the promotion of rental housing, restoration and energy efficiency. The construction sector’s participation in the field of restoration in Spain only reaches 28% of the total ...

Continue reading Spanish Government to Provide Grants for Housing Reforms

August 29th, 2014

The total number of new mortgages granted on homes recorded in the land registries (from previous public deeds), stood at 17,137 in June, exceeding by 19% the figures for the same month in 2013, according to provisional data published this week by the National Statistics Institute. With June’s year-on-year growth, home ...

Continue reading Home Mortgages Increased by 19% in June, Year-on-Year

August 28th, 2014

In July, Huesca was the Spanish province where the greatest discounts were requested from people interested in renting a home, with the potential renters making offers an average of 18.9% lower than the prices sought by the owners, according to data from the property portal idealista.com. At the end of July, ...

Continue reading Largest Rental Property Discounts Requested in Huesca Province

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 26th, 2014

Early estimates published last week by the EU statistics office, Eurostat, indicate that, in the second quarter of the year, Spain was the European Union (EU) country where construction output rose most, after registering an increase of 7.0%. Spain was also the fourth country in the EU with the largest year-on-year ...

Continue reading Spain Leads European Construction Growth in Second Quarter

August 25th, 2014

Only five eurozone countries continue to market mortgages containing the ground clause, a provision that prevents the consumer from taking advantage of decreases in the Euribor. According to a study prepared by the independent consumer comparison website, Kelisto.es, these countries are Spain, Belgium, France, Italy and Portugal. The portal reminded that ...

Continue reading Spain Still Selling Mortgages with Controversial Ground Clause

August 21st, 2014

The Sareb (Company for the Management of Assets proceeding from Restructuring of the Banking System) closed the first half of 2014 with revenues of 1,696 million euros. Of this, 74% comes from the management and sale of financial assets and the remaining 26% from real estate assets, according to information provided ...

Continue reading The Sareb Sold 8,104 Properties to June

August 20th, 2014

Housing rental prices fell by 0.8% in July 2014, the same decline they experienced a month earlier, and half a point higher than the overall rate, which stood at -0.3%, according to the latest data published by the National Statistics Institute. By region, the most significant decreases were registered in: Navarra ...

Continue reading Rents Fell Another 0.8% in July

August 19th, 2014

Home sales in June reached a total of 30,231 transactions, representing a rise of 16.3% compared to the same month in 2013, according to statistics published on Monday by the General Council of Notaries. The Notaries say that this rise in the volume of transactions in recent months is due to ...

Continue reading Home Sales in Spain Rose by 16.3% in June

August 18th, 2014

The monthly price of rental housing in Spain has dropped by an average of 267 euros since the prices peaked in May 2007, according to the latest analysis prepared by the real estate portal, fotocasa.es. The study notes that, in 2007, renting a house cost on average 810 euros per month ...

Continue reading Home Rental Prices in Spain Have Dropped 33.1% Since 2007

August 14th, 2014

The downward trend in second hand housing prices continued in July, when they fell by 0.6% compared with the previous month, and by 7.5% year-on-year, according to a report prepared by the property portal hogaria.net. Specifically, the average price per square metre throughout the country stood at 1,596 euros in July, ...

Continue reading Price of Second Hand Homes in Spain Fell by 7.5% in July

August 13th, 2014

In Spain’s provincial capitals there are around 13 second hand properties for sale per 1,000 inhabitants, a figure that has increased by 55% compared to 2011, when there were eight properties available per 1,000 inhabitants, according to a recent study by property portal, idealista.com. The analysis, which was compiled using data ...

Continue reading 13 Unsold Homes Per 1,000 Population in the Spanish Capitals

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

August 6th, 2014

The number of applications for licences to build new homes fell by 3.1% in the first five months of 2014, compared to the same period in 2013, to a total of 14,944 applications, thus marking a new low for this period. However, this decline is less than the 8.8% registered ...

Continue reading Fall in Building Permits for New Homes in Spain Moderates to 3.1%

August 5th, 2014

  Foreigners invested an average of 381,860 euros on home purchases on the Spanish coast in 2013, according to a study prepared by the property portal, Fotocasa, and the five nationalities who spent most last year were the Russians, Germans, Belgians, British and French. In addition, the study noted a growth in ...

Continue reading Foreigners Invested an Average of 381,000 euros on Coastal Properties in 2013