Spain's property market defied global trends in 2024, posting a remarkable 10% sales growth in the first nine months and surpassing 500,000 transactions. A standout third quarter saw a 16% year-on-year increase, with Malaga Province leading the charg ...
Spain Golden Visa ends 3.4.25
The Spanish government has announced that the 'Golden Visa' program, which grants residency permits in exchange for investments, will end on 3rd April 2025. After this date, no further permits will be issued under this scheme. The 'Golden Visa' pr ...
Spain Slaps Sanctions on Airbnb
Airbnb faces fines of up to €100,000 (maybe more*) from the Spanish authorities for failing to remove thousands of unlicensed tourist apartment listings, despite prior warnings. This comes after Spain's Consumer Affairs Ministry launched formal sanc ...
Introducing the IAA
A new professional network for independent real estate agents has launched in Spain's Costa del Sol. The Independent Associate Agents (IAA) network, established by LM Group and LMG Academy co-founder Marina Nitzak, aims to provide operational support ...
A Mixed Bag in Q3
Foreign buyers made up 14.9% of Spanish property sales in Q3 2024. While this total is in line with recent trends, the mix of buyer nationalities is changing. The UK, Germany, and France traditionally held the top spots, but France has dropped from 3 ...
Breakfast of Champions
You may have heard that the local agents association the LPA - The leading property agents of Spain held a real estate breakfast presentation earlier this week. Plenty to unpack, I’ll do something more in-depth another day but for now, the main ta ...
Ugo Bagration to Head Sotheby’s in Marbella
VIVA Sotheby's International Realty has appointed Ugo Bagration as Regional Director for Eastern Andalusia. This move comes as part of a broader expansion strategy by VIVIUM Holding, the investment firm that recently acquired the luxury real estate b ...
Meh Month for Spanish Real Estate
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 ...