The city of Málaga has once again seen records broken in both the prices of property sales and rental markets. Málaga capital closed February with an average cost per square metre of €2,932, while in January, the average rental price reached €13.52 p/m². Both of those average prices exceed the highest prices seen in 2007 Continue Reading
Data released by the INE shows that 2022 was a record year for property sales, reaching almost 650,000 sales closed. The figures for the end of the year showed a 14.7% increase over the previous year. The sharp increase comes despite five rate hikes and a change in monetary policy from the ECB, showing there Continue Reading
Malaga has been named as the best city for an urban getaway by Forbes magazine. This is a list that excludes capital cities. The magazine said “Visit for yourself and you’ll soon see why the world’s eyes are turning to this stunning corner of Andalucia.” The list included over 400 cities from 89 countries with Continue Reading
The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this Continue Reading
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
Our founder and owner, Nicolas de Zutter, recently sat down with magazine The Top Marbella to discuss the ups and downs of the real estate market and what drove Nico to success on the coast. Nico sat down to talk with editor Agustin Davio, himself a former MFS employee, and chatted about Nico’s 20+ years Continue Reading
The number of transferred properties registered in the property registers in the month of September reached 175,374, representing a fall of 2.1% compared to the same month of 2021. Looking only at the number of property sales, the number reached 102,987, an annual increase of 0.1%. Of the sales registered in September, 88.7% related to Continue Reading
Rental housing in Spain had an average price per square meter of 10.25 euros in October 2022. This figure showed a monthly rise of 0.49%. In the year-on-year comparison, it grew by 3.85%. Ferran Font, director of studies at piso.com said, “The cost of renting a home in Spain continues to show significant increases, given Continue Reading
The average price of second-hand housing in Spain in the month of September 2022 was 1,962 euros per square meter. This figure represented a rise of 1.84% compared to June 2022. Year-on-year, the rise reached 6.02%. The rebound compared to August 2022 was 0.57%, since the average price last month was 1,951 euros per square Continue Reading
The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading
