Articles tagged as: spanish property

August 1st, 2014

According to the latest estimates from the Ministry of Development, at the end of 2013, Spain had a total of 563,908 unsold new homes, which is 3.3% lower than a year earlier. Thus, during the past year the rate of absorption of the 'stock' has slowed, as in 2013 the ...

Continue reading ‘Stock’ of Unsold New Homes Reduced by 3.3% in 2013

July 31st, 2014

Housing is a significant economic sector in the economy of any country. Through it, you can not only identify the quality of life of a nation, but also their standard of living and their economic situation. For this reason, Casaktua.com has conducted a study on Europe which analyses the situation ...

Continue reading Spanish Homes Among the Cheapest in Europe

July 29th, 2014

The total number of new mortgages granted on homes recorded in the property registers stood at 17,963 in May, which is a drop of 3.4% compared with the same month in 2013, according to data released on Friday by the National Statistics Institute, based on figures from deeds carried out ...

Continue reading Home Mortgages Fell by 3.4% in May

July 25th, 2014

Tinsa’s IMIE Local Markets index for the second quarter of 2014 confirms that the stabilisation of property prices which began in 2013 is continuing. The report shows an average decline in prices of 3.9% for the country as a whole, compared to same period in 2013, which is more moderate ...

Continue reading Two Regions Register House Price Increases First Time Since 2008

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