Investment in residential property assets in Spain rose by 13% to €444.21 million in the first quarter (Q1) of the year, according to a new report by real estate investment manager CBRE.
The report revealed that the total sum invested in property assets in Spain reached €3.417 billion, 50% more than Q1 of 2016. Read more »
Spanish property prices are rising in line with property transactions, which increased by 16.8% in January to 33,670, according to latest data from the Spanish notaries.
The number of property transactions in Spain has now risen for the twelfth consecutive month, after starting an upward trend in 2014. Read more »
Spain’s capital is the fifth most attractive European city for UK investors to relocate to following Brexit, according to accountancy firm EY (formally Ernst & Young).
The survey of top business executives voted London, Paris, Frankfurt and Berlin ahead of Madrid. However, Spain is tipped to be a top investment hotpot this year with the country featuring twice in the top ten as Barcelona secured tenth position Read more »
Developers and investors are once again returning to the Spanish property and none more keen to take advantage of the current market conditions is Neinor Homes. The property developer aims to be the biggest home builders in Spain by building more properties in big cities where housing stock is low, according to Executive Officer Juan Velayos.
As the Spanish property market drifts in the mid stages of recovery there has never been a better time to build more properties in Spain; the competition for land purchases amongst developers is still relatively low and demand for new properties is rising. Read more »
Average Spanish property prices rose by 0.9% in January to €1,361 per square metre, compared with the same period last year, according to a new report by real estate valuation firm Tinsa.
It is now the eleventh time in the last twelve months that national property prices have shown a year-on-year increase; a trend led by a 2.7% rise in property prices in “Capitals and large cities” and a 2.9% increase in property prices in the Balearic and Canary Islands. Read more »