Spanish property sales rose by 9.7% in September to 42,766 units, reports the government’s central statistics unit.
The number of properties exchanging hands has risen eight out of the nine months so far this year (January to September), with the only exclusion being in March; Easter fell a lot earlier than the year before so the figures for this month were somewhat distorted. Read more »
The number of visitors coming to Spain from Italy and Portugal rose by double digits in September while the top two markets shrunk.
Foreign tourist numbers in Spain have grown moderately so far in 2018, especially when compared to the vast growth over the previous two years, but visitor numbers do remain in positive territory and tourism continues to boost the Spanish economy. Read more »
The number of people registered as unemployed across Spain fell by 4.7% in the third quarter (Q3) of the year, according to Active Population Survey (EPA) by the government’s central statistics unit.
Following the economic crash, unemployment figures across the country were among some of the highest in the European Union. In Q1 2013, the jobless figure reached over 6.2 million but has since continued a downward trend – apart from the odd seasonal rise. Read more »
In the second quarter (Q2) of 2018, a total of 17,338 properties in Spain were purchased by a non-Spaniard, representing a rise of 11%, according to the latest report by the Association of Spanish Land Registrars. Read more »
Since the market bottomed out in 2015, property prices across Spain have risen by 12.1%, according to leading property valuation Tinsa.
In the last 3.5 years property prices in all of the categories identified by Tinsa have risen, led by a 19.4% rise in ‘regional capitals and other large cities’ and followed by the ‘Balearic and Canary Islands’ (18.2%), ‘Mediterranean coastal areas’ (15.7%), ‘metropolitan areas’ (11.5%) and the catch-all category of ‘other municipalities’ (3.4%), according to Tinsa. Read more »