Property

PROPERTY PRICE RISE SLOWDOWN scaled

Less foreign buyers

FOREIGN buyers accounted for just over 14,000 Spanish property sales in the last quarter of 2019, a drop of 2%. This roughly reflected the overall sales situation, which saw a 2.3% drop in demand over the same period. British house buyers were still the largest sector (14% of the total) followed by the French (8%) while buyers from developing countries such as Algeria, Morocco and parts of Eastern Europe...

PROPERTY SECOND HOME MARKET BUOYANT

SECOND HOME MARKET BUOYANT

Spaniards looking to buy a second property are unsurprisingly continuing to look towards areas like the Costa Blanca, according the website property portal, donpiso.com The company says that last year saw a notable increase in both Spanish and international properties with the Mediterranean coast leading the way. The portal said that the average price of a holiday home in this region was around 200...

PROPERTY RENTAL RISE ACTION

RENTAL RISE ACTION

Spain’s new left-of-centre coalition government will publish an index of nationwide rental prices by the end of March, according to a spokesman for the Transport, Mobility, and Urban Planning ministry (MITMA). The move represents a first step towards enabling rent controls in Spain, where rent has increased by 50 per cent in the five years leading up to last August, according to a 2019 Bank of Spain...

PROPERTY PROPERTY PORTAL QUIZ

PROPERTY PORTAL QUIZ

Spain’s anti-competition watchdog is opening disciplinary proceedings against several property websites suspected of using their algorithms to fix prices. “Such practices would consist of the coordination of prices and other commercial conditions by real estate intermediaries,” the CNMC watchdog said in a press release. “This coordination would have been implemented, among other means, through...

haibu

Hives thrive

DESPITE the City Council implying that they are illegal, the newest batch of “hive housing” has opened in Madrid this week

PROPERTY SECOND HOME MARKET BUOYANT

SECOND HOME MARKET BUOYANT

Spaniards looking to buy a second property are unsurprisingly continuing to look towards areas like the Costa Blanca, according to the website property portal, donpiso.com The company says that last year saw a notable increase in both Spanish and international properties with the Mediterranean coast leading the way. The portal said that the average price of a holiday home in this region was around 200...

PROPERTY PROPERTY PORTFOLIO BOOST

PROPERTY PORTFOLIO BOOST

TAYLOR Wimpey Spain sales and marketing boss, Marc Pritchard, has announced seven new developments around the country, including the Costa Blanca, at a total cost of over 100 million euros. The projects will see 430 homes built, starting with three developments on Mallorca, followed by two on the Costa Blanca at Gran Alacant and Javea, as well as two on the Costa del Sol. “The coastal areas remain key in...

PROPERTY MORTGAGE MOVEMENT

MORTGAGE MOVEMENT

Even though there has been a slowdown in the number of properties being bought in Spain, numbers are still rising and prices are not shooting through the roof. That means that a number of people who already own a home and have a mortgage are looking at the possibility of upgrading to a larger property. That would entail selling your current home with a mortgage, and there are ways that it can be done with...

PROPERTY HOUSE SALES SLOWING DOWN

HOUSE SALES SLOWING DOWN

The latest figures from Spain´s notaries back up a variety of recent surveys that show that the increase in property purchases is continuing to fall. The Notaries’ Centre for Statistical Information says that there were just under 54 thousand sales in December, which was actually an annual fall in the total number of property deals of one point two per cent. But prices rose by just under one per cent...

Compare listings

Compare
× How can I help you?