Month: November 2023

November 23, 2023

Spain’s Real Estate Market Defies Concerns

Market Update: Spain’s real estate market defies global economic concerns, boasting the Eurozone’s highest growth forecast at 2.2%-2.4% by 2023, according to pisos.com. Despite a slowdown in transactions and mortgages, substantial price drops have not materialized, attributing the market’s resilience to an ongoing housing supply shortage. Ferran Font, Director of Studies at pisos.com, underscores the scarcity of available properties, driven by disruptions in construction due […]

November 9, 2023

Spain’s International Arrivals Surge: 10% in September

In September 2023, the number of passengers arriving in #Spain from international airports reached ๐Ÿ—.๐Ÿ” ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, marking ๐š ๐Ÿ๐ŸŽ% ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž compared to the same month in 2022, according to data from Turespaรฑa. From January to September, Spain received 73.2 million international passengers, showing a 19.1% growth compared to the same period in 2022. However, arrivals remain 1.5% below the pre-pandemic levels of 2019. The ๐”๐Š […]

November 8, 2023

Spain Property Sales Drop 14.9%

๐“๐ก๐ž ๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐’๐ฉ๐š๐ข๐ง’๐ฌ ๐๐จ๐ญ๐š๐ซ๐ข๐ž๐ฌ ๐š๐ซ๐ž ๐ข๐ง ๐š๐ง๐ ๐ญ๐ก๐ž๐ฌ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ก๐ž๐š๐๐ฅ๐ข๐ง๐ž ๐ฌ๐ญ๐š๐ญ๐ฌ ๐Ÿ‘‰ Home sales in Spain experienced a drop of 14.9% in September compared to (a very strong month) last year. In September, the number of home sales reached 48,196 units, with an average price per square meter of 1,643 euros, showing a very slight 0.9% drop. Although apartment prices fell by […]

November 6, 2023

10 Tips for a Good Costa del Sol Property Investment

In this analysis, we delve into the dynamics of the Costa del Sol property market from an investment perspective. In this top 10, we cover the paramount role of location to the adaptability of property usage, we explore the fundamental principles that underpin a prudent and profitable investment strategy. Location is key: The property’s location is crucial for a good investment. You want to buy […]