Habaneras on the Beach
Challenging the Xenophobia of Brexit
More corruption investigations across Spain
Spanish Rugby 7 Team Make Olympics Against All Odds
Bowie Tribute Concerts in Madrid and Barcelona This Weekend
Which Stores Have Already Begun Their Summer Sales Before the Official Date?
Institutional statement on Brexit by the acting President of the Government
Population Reduces the Most along the Valencia Coast
The Increase in Number of Millionaires in Spain Is Biggest in Europe
The Most Expensive Places to Stay in Spain This Summer
Which Country Has Mercadona Chosen to Open Its First Stores Abroad?
Experts Warn that Spaniards Are Becoming Obese
Posted by Caroline Ketley on February 16, 2016
House prices 2015

According to a recent report by the Property Statistics Registry, house prices in Spain went up 6.6% annually last year and the number of property operations increased 11.2%, reaching a healthy 354,538 transactions, which is the largest amount in one year since 2011.

During the last quarter of the year (Oct to Dec), a total of 84,031 properties were purchased. This was 7.9% more than during the same period of 2014, the year before.

And with regards to the previous quarter (July to Sept), the value of property in Spain rose 0.9%, clawing back a small amount of the value that has been lost since maximum figures seen in 2007.

In relation to the third quarter, however, the number of property transactions that took place in the final three months of the year actually fell by 9.4%.

Once again, the difference in the number of operations involving new-build properties and re-sales explains what is happening in the market at the moment. The majority of buyers are only interested in second-hand properties (more than two years old), and sales of these went up by a massive 39.7% annually, while the number of purchases of new builds decreased 36.9%.

The number of purchases involving foreign buyers reached 14.4% of the total during the fourth quarter of 2015. This was an increase of 13.2% from last year. Over 12,000 operations a quarter were exceeded and last year’s figure of 46,000 transactions was also surpassed too.

Source: www.expansion.com


  • Spain
  • property
  • real estate
  • house prices
  • property purchases


leftOn The Pulse is a leading website dedicated to researching and reporting up-to-date information about Spanish property, legislation and the economy