Impressive 56% Increase in Property Sales in Huelva
Many regions throughout Andalucía have seen a drop in property sales however this drop has not been universal. In actual fact one region in Spain is crushing its competitors and saw an increase in house sales from the previous year of 56% in February. The autonomous region which has seen this success is Huelva in Continue Reading
Pace Slowing but Spanish Property is Still Selling
Statistics recently released indicate that in Spain the number of properties sold in January compared to last year only rose by a small amount. Indications from the Spanish Land Registrar show 42,850 properties were sold in the January this year, which is only marginally more than the 42,745 sold in January 2018. The smaller property Continue Reading
Foreign Demand For Spanish Homes Maintains Growth
The total number of home sales registered in 2018 reached the highest level seen in the last 10 years, with 516,680 operations. This is according to a report from the College of Registrars. The figures represent an annual increase of 11.3%. The data also shows a stable distribution in relation to recent years, between used Continue Reading
Quarter of Visitors to Andalucia Came From the UK
Spain has had a good start to the year in terms of tourism. Over 4 million international visitors came here in February, an increase of 3.8% over the same month last year. The UK was, as always, the main source of the visitors with 883,757 Brits making their way here. This represents 20.2% of the Continue Reading
Second-Hand Housing Prices Up in Q1
As the first quarter of 2019 has flown by in the blink of an eye, the price of housing has risen by 1.68%, when compared to the previous quarter. In March, the average price of second-hand housing stood at 1,700 euros per square metre. When compared to Q1 in 2018, the increase is more significant Continue Reading
Significant Increase in New Mortgages in January
January saw 36,832 new mortgages approved for the purchase of a home. This is 22.5% more than last January, a significant increase, according to the INE. The average amount of capital borrowed was 121,036 euros, a slight drop of 0.7%. The total amount lent for home purchases reached 4,458 million euros, an annual increase of Continue Reading
Record Passenger Numbers at Málaga Airport
In February Malaga-Costa del Sol Airport handled a 9.2% increase in passenger numbers when compared to the same month in 2018. Staff at the airport also dealt with a 6.1% increase in the number of flight operations. There were 1,052,194 passengers and 8,140 take-offs/landings in February, according to airport operator AENA. The vast majority of Continue Reading
Sales of New Homes Increased in January
The total number of property sales/purchases in the property registers in January was 198,298, 10.6% more than in the same month of 2018, according to data from the INE. 85.7% of purchases registered in January correspond to urban property, and 14.3% rural. In the case of urban properties, 56.5% were home sales. The number of Continue Reading
Property Prices Up 2.6% in January
Purchases and sales of homes reached 40,388 transactions in January, a slight year-on-year increase of 0.3%, according to the General Council of Notaries. By type of housing, the sale of apartments showed a year-on-year fall of 1.3%. Meanwhile, transactions for second-hand homes fell by 1.5%, while sales of new property increased by 0.1%. The sale Continue Reading
2018 Home Sales Figures Highest in 11 Years
The number of home sales seen in 2018 was the highest number since 2007. According to Fomento, 581,793 homes were sold, a 9.3% increase compared to 2017. However, despite the most positive data in 11 years, the increase was the lowest since the end of the crisis confirming a slowdown in the residential market. The Continue Reading