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Andalucía Most Popular for Holiday Homes Mon, 17 Jun 2019

26% of Spain's holiday homes are in Andalucia

81% of owners of a home in Spain say they would not put their homes into the holiday rental market, while only 16% said they would consider it. The other 3% say they already have their property available for short-term rentals, according to a report from fotocasa. These numbers are very similar to 2018, meaning Continue Reading

From Marbella For Sale Blog

Housing Sales Slowed in April Thu, 13 Jun 2019

Housing Sales Slowed in April

The number of properties transferred in the property registers in April was 170,518. This is 4.8% more than in the same month of 2018. However, looking only at the number of housing sales (41,049) there was a drop of 3.1%. This fall was led by the drop in the number of second-hand homes (33,368) which Continue Reading

From Marbella For Sale Blog

New Property Sales Rebound in April Mon, 10 Jun 2019

New Property Sales Rebound in April

In April, there was 50,172 property sales, an annual increase of 1.06%, according to data from the General Council of Notaries. The increase was due exclusively to the considerable increase in the sale of new properties (+18.6% year-on-year), while there was a drop in sales of second-hand properties (-1.6%). The sale of single-family homes increased Continue Reading

From Marbella For Sale Blog

Used Property Prices Up Slightly in May Thu, 06 Jun 2019

Used Property Prices Up Slightly in May

The price of used housing in Spain registered a monthly increase of 0.2% during May, according to data from idealista. This brings the average cost per square metre of used housing to 1,712 euros. Compared to May 2018, the annual variation is +5.8%, nationally. The cities of Palma, Granada (both with +1.9%), and Santa Cruz Continue Reading

From Marbella For Sale Blog

Málaga Airport Had a Busy April Mon, 03 Jun 2019

Málaga airport increase in passengers

The Costa del Sol continues to attract visitors from around the world, as well as from around Spain, according to airport operator AENA. In April, Málaga Costa del Sol Airport recorded 7.5% more flights and 7.6% more passengers than in the same month of 2018. Specifically, 1,827,586 travellers moved on 13,236 flights. The vast majority Continue Reading

From Marbella For Sale Blog

Mortgage Borrowing Increased in March Thu, 30 May 2019

Mortgage Borrowing Increased in March

The number of new mortgages approved in March reached 30,716, an annual increase of 15.8%, according to data from the INE. The average amount of those home loans was 125,341 euros, an annual increase of 3.9%. The total capital loaned for the purchase of a home in March reached 3,850 million euros. This represents an Continue Reading

From Marbella For Sale Blog

Rental Costs Up Slightly in April Mon, 27 May 2019

Rental Costs Up Slightly in April

The price of rental housing in Spain registered a slight increase of 0.8% in April. This puts the average cost per square metre at €8.54 p/month. This figure returns us to similar levels seen in December 2009, when the average price was 8.55 euros p/month. Looking at the year-on-year variation, we see an even smaller Continue Reading

From Marbella For Sale Blog

Foreign Buyers Still Flocking to Spain Wed, 22 May 2019

Foreign Buyers Still Flocking to Spain

During the second half of 2018 there were 50,249 property sales to foreign buyers, an interannual increase of 1.4%. Furthermore, the figure represents 18.2% of the total purchases and sales made during those six months, according to the General Council of Notaries. Between July and December transactions carried out by foreign buyers were concentrated in Continue Reading

From Marbella For Sale Blog

Home Sales Slowed in March Mon, 20 May 2019

Home Sales Slowed in March

Property sales in Spain stood at 50,659 transactions in March, a year-on-year fall of 2.9%, according to data from the General Council of Notaries. By type of property, the sale of flats showed a strong year-on-year drop of 5.4%. The fall can be attributed to a drop in sales of both new apartments (-9.3%) and Continue Reading

From Marbella For Sale Blog

Spain Received 5.6 million Tourists in March Thu, 16 May 2019

Spain Received 5.6 million Tourists in March

Spain received 5.6 million international tourists in March, 4.7% more than the same month in 2018. According to the INE data, the UK was the main country of residence for March’s visitors. More than 1.1 million Brits arrived representing 19.7% of the total. However, the figure was 6.2% lower than in March last year. German Continue Reading

From Marbella For Sale Blog