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Tue, 20 Feb 2018

Record Number of Foreign Buyers in 2017

2017 saw many records broken in Spain in relation to tourism and the real estate market. Now, figures from the Association of Registrars shows the number of properties sold to foreign buyers also broke records. During 2017, foreign buyers bought more than 61,000 homes in Spain, mostly in the coastal provinces and the islands. According Continue Reading

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Thu, 15 Feb 2018

Spanish Home Sales Up 9.2% in December

10.7% increase in home sales in Andalucia

The number of properties transferred in the national property registers in December was 125,263, 1.9% more than the previous December. Of those transfers, the total number of sales/purchases was 64,135, representing an annual increase of 4.1%. 85% of those properties were urban, while the remaining 15% were rural properties. In the case of urban properties, Continue Reading

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Tue, 13 Feb 2018

A Busy Start To 2018 for Málaga Airport

Malaga airport saw 7.8% increase in passengers

Málaga-Costa del Sol Airport started 2018 with a 7.8% increase in passenger numbers. There was also a 6.8% increase in flight operations, when compared to January 2017. Specifically, there were 935,155 travellers distributed over 7,785 flights, according to the latest figures from airport operator AENA. The bulk of passengers (929,163) counted in January moved on Continue Reading

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Thu, 08 Feb 2018

Majority of Bank Stock is Small and Out of Town

Banks are selling of their stock

Since the financial crisis, many properties were taken back by the banks as owners struggled to keep up with their repayments. Today, a lot of bank stock is on the market, many thousands of properties, at prices well below market-value as the financial institutions that caused the crisis with their irresponsible lending attempt to claw Continue Reading

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Mon, 05 Feb 2018

4 Million Tourists Visited Spain in December

Spain isn't just for sunbathing!

Despite the winter weather, Spain still managed to attract over four million international tourists in December, 0.2% less than in the same month in 2016. As usual, the UK was the main emitting country, with over 800,000 Brits choosing Spain for their winter vacation. Brits made up 20.4% of the total, 7.6% less when compared Continue Reading

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Thu, 01 Feb 2018

Used Property Prices Still Increasing

Prices increased 1.1% in Malaga, in January

It’s February already! How did that happen? All pointers at the end of last year suggested we would see a good 2018 and it has certainly started well. Used property prices in Spain registered a monthly increase of 0.7%, to stand at 1,597 euros p/m². When compared to January last year (1,508 euros p/m²), the Continue Reading

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Tue, 30 Jan 2018

Number of Home Mortgages Fell in November

Number of new mortgages fell in November

The average amount of new mortgages approved in November was 145,769 euros. This is 15.1% higher than in the same month in 2016. This is according to the latest data released by the INE. The number of new mortgages on homes was 24,882. This represents a 3.7% fall compared to the previous year. The average Continue Reading

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Wed, 24 Jan 2018

Andalucía Expects 30 million Tourists in 2018

Susana Díaz at Fitur, 2018

President of the Junta de Andalucia, Susana Díaz, opened the Andalucía section of the Fitur international tourism fair by announcing the regions greatest tourism results. As mentioned in a previous article, 2017 saw the region’s best year in terms of tourist numbers. Although no official figure has been released, it seems likely that the total Continue Reading

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Mon, 22 Jan 2018

2017 Broke Records at Málaga Airport

Malaga saw more flights and passengers than ever before

Malaga Airport broke records in 2017 with the highest number of passengers as well as the number of flight operations, according to airport network operator AENA. Over the course of the year, Málaga airport staff handled 18,628,786 passengers, an increase of 11.7% over 2016, almost 2 million more passengers. This is the most passengers dealt Continue Reading

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Fri, 19 Jan 2018

“Capitals and large cities” Top House Price Increases

The Mediterranean Coast was hit hardest by the crisis

The Tinsa IMIE General Index and Large Markets, which is calculated from the appraisals of finished housing (new and used), collects each month the interannual variation of the value of a m² of property and its level with respect to 2001 (base 1,000) in five representative areas that make up the housing market: “Capitals and Continue Reading

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