Articles tagged as: spanish property

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% ...

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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 ...

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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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February 18th, 2015

The number of housing sales carried out in Spain during 2014 reached a total of 364,601 transactions, representing an increase of 19.1% compared to the previous year, according to the General Council of Notaries’ latest statistics. A total of 290,441 transactions were carried out for the sale of apartment-type dwellings, representing ...

Continue reading Home Sales Rose by 19.1% in 2014, Say Notaries

February 16th, 2015

Through its network of offices and via Haya Real Estate, the real estate portal responsible for marketing the property of the financial institution, Bankia is offering over 3,500 homes for sale throughout Spain, with discounts as high as 50%. 80% of these homes have prices under 80,000 euros, and the ...

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February 13th, 2015

The Tinsa IMIE General and Large Markets Index for January, published this week, shows that in January this year the average price of finished housing (new and used) stood at 2.7% below the level of January 2014. This is the first time since June 2008 that the General Index has ...

Continue reading House Prices Fell by 2.7% Y-o-Y in January

February 12th, 2015

The Spanish National Statistics Institute reported on Tuesday that the sale of homes in Spain increased by 2.2% in 2014, compared with the previous year, reaching a total of 319,389 transactions, and thus returned to positive figures after registering three years of declines. The second hand homes market has been the ...

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February 10th, 2015

The average price of second hand housing in Spain stood at 1,629 euros/m2 in January, and registered a month-on-month decline of -0.2% compared with December, according to data from property portal, fotocasa.es. In year-on-year terms, prices recorded a fall of -6.1% in January, which is more moderate than the decline ...

Continue reading Resale Housing Prices Fell by -0.2% in January

February 6th, 2015

With just three months until the 17th Edition of the International Real Estate Exhibition (SIMA) opens it doors in Madrid from 7th until 10th of May, the organisers are looking at the possibility of expanding the size of the exhibition space in order to meet the demand, as already more ...

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February 5th, 2015

According to data released from the Ministry of Public Works, between January and September of 2014, foreign residents in Spain carried out real estate transactions on private housing amounting to a value of 6,077.4 million euros. This amount is 28.4% higher than that recorded in the same period of 2013, ...

Continue reading Foreign Investment in Spanish Housing Rose by 28.4% to September