Mortgage Activity Hits a 7 Year High

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The number of new mortgages taken out on Spanish properties in September rose by 9.2% to reach the highest level of activity seen in seven years. A total of 29,388 new mortgages were constituted in September, according to new government data, whilst the number of properties sold in Spain increased by 11%, compared with the… Read more »

15% More Homes will be Built This Year

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By the end of the year residential property constructions in Spain will be up by 15% annually, according to Antonio Aguilar, the head of the Housing department of the Ministry of Development. There will be a total of 75,000 new homes built this year, which is 50% more than in 2015. The increase indicates that… Read more »

Residential Property Sales Rise 11%

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The number of residential property sales across Spain rises for the eighth time this year. Spanish property sales figures reached 38,610 in September, representing an 11% rise compared with the same month last year, according to new data published this week.