Articles tagged as: spanish property

March 17th, 2015

According to recent data from the Spanish Ministry of Development, the average price of private housing in Spain fell by 0.3% in 2014. In addition, 16.7% of the home sales transactions carried out in Spain in 2014 corresponded to foreign buyers, both residents and non-residents, which is the best percentage ...

Continue reading Foreign Home Buyers Still Attracted to Spain

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

March 16th, 2015

The number of new homes completed in Spain in 2014 amounted to a total of 46,822 units, representing a drop of 27.7% compared to the previous year (64,817), according to recent data released by the Ministry of Development. Thus, the number of new home constructions completed in Spain maintains the ...

Continue reading Only 46,822 New Homes Completed in 2014

March 13th, 2015

According to the results of a study carried out by leading holiday rental portal, HomeAway, Inc., which analysed the prices of holiday rentals in Spain in the run up to the Easter holidays (Semana Santa), holiday rental prices generally maintained stable rates, but increased slightly, by 3.2%, in the month ...

Continue reading Semana Santa Drives Holiday Rental Prices Up 3%

March 9th, 2015

From this week, the maximum price of a butane gas cylinder will drop by almost two euros, from 17.5 euros per bottle to 15.8 euros, taxes included, according to the new formula that sets the calculation of prices of bottled liquefied petroleum gases (GLP) which was approved on Thursday by ...

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March 9th, 2015

According to BBVA Research, in 2015, Spain’s economic growth prospects and more favourable financing conditions will lead to a new increase in housing sales throughout the year, which they predict will be "accompanied by a moderate growth in prices and a new increase in construction activity".The financial institution maintains that ...

Continue reading BBVA Sees Real Estate Sector Recovery Strengthening in 2015

March 6th, 2015

The level of Spanish households’ debt fell in January by 2,943 million euros, compared with the month of December, to 745,414 million euros, according to the latest data from the Bank of Spain, which represents a month-on-month decline of 0.39% and a 4.2% decline, year-on-year.With the January decline, Spanish household ...

Continue reading Household Debt Falls to 2006 Levels in January

March 4th, 2015

Spain is the European Union country where a smaller proportion of the population earns less than 105% of the minimum wage (SMI), according to the latest report on wages released by Eurostat. Only 0.2% of workers in Spain are paid less than 794.85 euros gross per month (which is 105% ...

Continue reading Only 0.2% of Spain’s Workers on Minimum Wage

March 2nd, 2015

The number of new mortgages constituted on housing in Spain increased by 1.6% in 2014, compared to the previous year, reaching a total of 202,954, and represents a return to positive rates following seven years of declines, according to the latest data published by the Spanish National Statistics Institute.Since 2007, ...

Continue reading Home Mortgages Rose by 1.6% in 2014

February 27th, 2015

The 2015 Mobile World Congress is set to take place in Barcelona from 2nd to 5th March in the Fira Gran Vía, and will be officially opened by Spain’s Minister for Industry, Energy and Tourism, José Manuel Soria.One of the highlights of this international trade fair event, which showcases the ...

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February 27th, 2015

According to a study carried out by the online student rental accommodation portal, Uniplaces, owners of empty homes in Madrid, Barcelona and Valencia are losing around 334.4 million euros a month by not renting out their properties to students. Specifically, these three provinces account for a total of 760,436 empty ...

Continue reading Landlords Losing Over 334 Million Euros in Rental Income

February 26th, 2015

Real estate investment in Spain reached 10,200 million euros in 2014, according to a report by real estate consultants, CBRE, a figure which was only previously exceeded in 2007. This places the Spanish real estate market as second in Europe, in terms of volume of investments, behind Sweden.The organisation explained ...

Continue reading Spain Registers Record Figure for Real Estate Investment in 2014

February 25th, 2015

After several months registering double-digit growth, the production in construction in Spain has once again slowed. The activity in this sector recorded an increase of just 1.6% in December 2014, compared with the same period in 2013, according to the European Union Statistical Office, Eurostat.This latest figure for Spanish construction ...

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February 24th, 2015

The demand for housing in Spain will pick up again in 2015, with an increase in transactions of 15%, which will raise real estate prices by an average of 1.5%, and by up to 5% more in 2016, according to the bi-annual report on the real estate market in Spain ...

Continue reading House Prices Set to Rise Due to Booming Demand

February 19th, 2015

According to the College of Registrars’ latest real estate registry statistics, released last week, the price of housing in Spain rose by 2.5% year-on-year in the fourth quarter of 2014. The report notes that the data for the past few quarters show the changing trends in housing prices, indicating “a ...

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