The number of properties sold in Spain in May 2024 increased by a moderate 3% year-on-year, reaching 62,485 homes, with the average price per square meter at €1,681, representing a 1.3% annual increase, according to official figures from Spain's Nota ...
Are You Team Resale or Off-plan?
Foreigners spend 76.4% more on new homes compared to second-hand homes when purchasing properties in Spain. Foreigners purchasing new homes in Spain pay an average of €299,053, while the average price for second-hand/resale properties is €169,573. ...
What Goes Up…
Following two consecutive months of increases, property sales in Spain in March 2024 reached 56,559 a drop of 13.7% year-on-year, figures from Spain's Notaries show. However, it should be noted that sales in March were 𝐮𝐩 against February by 3,417 pr ...
Despite Spain Sales Drop, 4th Best since 2007
In 2023, the real estate landscape experienced significant shifts, as highlighted by recent statistics. Despite a notable 11.2% annual decrease in home sales, the market saw a surprising 1.5% increase in prices. These numbers underscore a dynamic yea ...
UCI Survey: Spanish Property Market Trends Revealed
In the results of the 17th edition of the UCI and SIRA Real Estate Barometer, titled 'The Sentiment of Real Estate Professionals,' significant insights into the Spanish property market have emerged. Optimism in the Real Estate SectorRegarding the out ...
Almost 1 in 3 People Living in Marbella is Foreign
Almost 1 in 3 (29.5%) people living in Marbella is foreign. This was revealed by the National Statistics Institute (INE) data for Jan'23 which shows that 46,094 of Marbella's 156,153 inhabitants are foreign. According to marbella24horas.es, "Marbella ...
Savills Branded Residences Report Review
What continues to be a hot topic on the Costa del Sol: branded residences, here is a report about the category, courtesy of Savills,It is fascinating to see what is in the pipeline worldwide, particularly that in the non-hotel branded residences cate ...
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 no ...
Spain Property Sales Drop 14.9%
𝐓𝐡𝐞 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝐟𝐢𝐠𝐮𝐫𝐞𝐬 𝐟𝐫𝐨𝐦 𝐒𝐩𝐚𝐢𝐧'𝐬 𝐍𝐨𝐭𝐚𝐫𝐢𝐞𝐬 𝐚𝐫𝐞 𝐢𝐧 𝐚𝐧𝐝 𝐭𝐡𝐞𝐬𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐡𝐞𝐚𝐝𝐥𝐢𝐧𝐞 𝐬𝐭𝐚𝐭𝐬 👉 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 uni ...
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 tha ...