Spanish property prices grew more than EU and Eurozone averages last year, new data shows.
Spanish property prices rose by an average of 7.2% last year, compared to the EU and Eurozone averages of 4.5% and 4.2%, according to the EU’s statistical bureau, Eurostat. Read more »
Spanish residential property prices rose by 1.8% in the last quarter (Q4) of 2017, according to the latest data published by Spain’s property registrars.
Last year was a pivotal year for the property market, with both sales and prices maintaining an upward trend. Average property prices (per square meter) grew by 7.6%, taking them to around 21% lower than the peak values reached during the property boom. Read more »
There were 32,211 residential property sales across Spain in December, representing an increase of 9.2% compared with the same month the year before, according to new data published by the governments central statistics unit.
Nearly all of Spain’s 17 regions reported an increase in property sales, with the most significant occurring in Castilla-La Mancha where figures rose by 44.4%. Aragón and Asturias saw property sales grow by 32.5% and 31%, respectively, while minimal decreases were reported in the Balearic Islands, La Rioja, the Basque Country and Catalunya – which, following months of political uncertainty, comes as no surprise. Read more »
Hotel for sale in La Mairena, Costa del Sol | Click Pic for Info
Hotel investments in Spain reached €3.9 billion last year, according to Insights on the Hotel Investment Market in Spain 2017 report.
In 2017, 182 hotels were sold compared with the 147 in 2016 and average prices per room grew by 30% to €119,000. Read more »
The Spanish property market is one of the fastest growing in the EU, creating many investment opportunities for buyers and investors.
The average price of residential property in Spain grew by 6.7% in Q3, according to the EU’s statistical bureau, Eurostat. Growth within the Spanish real estate market far exceeds the EU average property price growth of 4.6% and the Eurozone average of 4.1%. Read more »