• Which Foreign Nationalities are Buying Most Spanish Homes?

    Some 13.01% of all of the home purchases carried out in Spain in 2014 were made by foreigners, more than the figure registered in 2013, when they accounted for 11.15% of all transactions, according to the latest data from the …

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  • House Prices Rose by 2.5% in 2014

    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 …

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  • Canary Islands, Catalonia and Madrid Get More Return on Buy-to-Rent Properties

    Buying property for the purpose of renting it out is now more profitable than before the crisis, according to the results of a study carried out by property portal, fotocasa.es, based on the latest report of house prices for sale …

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  • Spain Signs Historic Tax Information Exchange Agreement

    Following the Global Forum on Transparency and Exchange of Information for Tax Purposes held in Berlin last week, together with the political agreement reached at the EU ECOFIN Council meeting on 14th October for establishing this type of automatic exchange …

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  • Spaniards are the Europeans who Travel Most by Public Transport

    According to the latest Eurobarometer survey entitled ‘Attitudes of European Citizens Towards the Environment’, published last week by the European Commission, 59% of Spaniards say that they travel by public transport as much as possible, instead of by car, and …

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  • Families Return to Property Market Breaking 6 Years of Price Adjustments

    The increase in home purchases and better short and medium term economic prospects have broken the run of price adjustments in the Spanish housing sector, following six years of declines, El Mundo reported on Tuesday. The average cost of a …

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  • August House Prices Record Biggest Monthly Rise in 8 years

    The average price of resale property in Spain in August stood at 1,656 euros/m2 and registered a monthly increase of 1%, according to recent data from the real estate website, fotocasa.es. This is the second increase this year after the …

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  • Annual Decline in Housing Prices in Spain Moderates

    Declines in housing prices are continuing, but are less intense as time passes. This is according to the pisos.com monthly report on selling prices, which notes that resale property in Spain registered an average price of 1,603 euros per square …

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  • Spanish Government Approves Reform Laws for Property Registers

    The Vice-President of the Spanish Government, Soraya Sáenz de Santamaría announced last week that the Government has taken an important step forward in the reform of the public administration services, with the approval of three new laws to be submitted …

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  • Second-Hand Property Prices Record Lowest Annual Drop in 3 Years

    According to recent figures published by property portal, fotocasa.es, developed in collaboration with the IESE business school, the average price of second-hand property in Spain stood at 1,699 €/m2 in May, and registered a drop of -0.7% compared to April. …

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  • Price of Used Housing Fell by 5.5% in April Year-on-Year

    The average price of resale property in Spain stood at 1,710 euros per square metre in April, and registered a drop of -0.1% compared with the month of March, according to the latest figures published by property portal fotocasa.es, prepared …

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  • Spanish Property is Overvalued Compared to Household Income, Says S&P

    The credit rating agency, Standard & Poor’s (S&P), has announced that they believe that homes in Spain are overvalued by between 9% and 18% compared with the level of household income. The firm also predicts that the value of property …

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  • Spain House Prices Fell by -1.1% in First Quarter

    The evolution of the average price of resale property in Spain has significantly changed from 2013, according to a recent report from fotocasa.es. Last year they registered double-digit year-on-year declines, and specifically in June 2013 recorded the largest year-on-year drop …

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  • Foreign Real Estate Investment in 2013 Highest in 9 Years

    The volume of foreign investment in real estate in Spain rose in 2013 for the fourth consecutive year, to a total of 6,453 million euros, the highest amount recorded in the last nine years, and 16% higher than a year …

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  • Investment in Commercial Real Estate Grew 39% in 2013

    According to a recent report published by Deloitte, investment in non-residential property in Spain reached 2,896 million euros in 2013, representing an increase of 39% over the previous year. The firm cites the improved perception of the country’s risk and …

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