property

23 December 2015

Summary of the Property Situation in Spain in 2015

This year has been a fantastic year for the property sector in Spain. We have seen 12 months of consolidation of a new positive cycle, which began at the end of 2014. The main variables to measure...

16 December 2015

October Reflects Normalisation of the Property Market

According to the General Council of Notaries, property purchases in Spain increased 2.7% annually in October, reaching a total of 35,088 operations for the whole month. Property prices, on the other...

10 December 2015

Mortgage Holders Save 3,300 Euro Since the Crisis Thanks to Falling Euribor

Before the summer of 2008, numerous mortgage holders in Spain were suffering the effects of high interest rates that rose continuously year after year, added to rising living costs, making mortgage...

10 December 2015

Construction Companies Rush to Buy Land and Prices Rocket

When the property crisis hit Spain in 2008, a lot of companies including builders, construction companies and developers went out of business. A huge number of builders stopped buying up plots of...

07 December 2015

Investment into Spanish Real Estate Reaches Record Figures

While it may be hard to believe, taking into consideration that Spain endured a crippling recession for six years and has only really begun to expand economically again since last year, investment...

26 November 2015

Spain Ranked One of the Most Attractive Destinations for Real-Estate Investors

There are a number of factors that have boosted Spain’s ranking in the global positioning of the best markets for real-estate investment over the last few years. A stable economy coupled with...

19 November 2015

Alicante Consolidates Top Ranking in Property Sales Market

As a resident of Torrevieja, a coastal city located in the province of Alicante, I’ve noticed that property is selling at a fairly good rate once again. This is apparent as new estate agents are...

09 November 2015

September Property Sales Concentrated in Four Autonomous Regions

Many estate agents in different parts of the country will confirm that business is booming and that interest in Spanish property is solid. This is what official statistics have revealed also for the...

06 November 2015

Sareb Sells 3,400 Properties with up to 60% Discount

The association known as Sareb, Society of Asset Management from the Restructure of the Banking System, more commonly referred to as the Bad Bank, launched a campaign earlier this week whereby more...

04 November 2015

Provinces with the Largest Number of Resale Properties for Sale

In Spain, there is a total of 25.5 million properties in existence. Out of this number, just 2.7% are up for sale and classified as a second-hand or re-sale property. According to real-estate portal...

03 November 2015

Euribor Reaches New Minimum Rate

With the month of October ending a few days ago, the latest report from the Bank of Spain is that the rate used to calculate the majority of mortgages in Spain has fallen to a new minimum low. It...

28 October 2015

The Concession of New Mortgages Increased in Every Region except One

The number of new mortgages granted to buy a property during the second quarter of 2015 went up by an average of 26.9% across the whole of Spain, apart from one region in the north. According to the...