Surplus New Build Housing Stocks Fall for Ninth Year

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As the Spanish property market recovery consolidates, the number of new unsold homes continues to fall, new report shows. There were a total of 459,876 residential homes, which had been completed but remained unsold at the end of 2018, representing a fall of 3.6% from the previous year, according to new data released by Spain’s… Read more »

Foreigners are still Snapping up Spanish Property

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Foreign property purchases in Spain grew over 17% in the third quarter (Q3) of 2017, according to new data published by the Ministry of Development. Between July and September a total of 121,561 properties were sold in Spain, representing an increase of 16.7% compared with the same quarter last year. A total of 21,173 properties… Read more »

Moderate Growth in House Prices Vs Bank Forecasts

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Spanish house price rises registered by the Ministry of Fomento are slightly less optimistic than forecasts made by a number of leading Spanish banks, but they do all agree that the Spanish property market is recovering. Property prices across Spain rose by a moderate 1.6% over the last 12 months, according to data published by… Read more »

Residential Property Investments in Spain Grows 13%

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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.

Spain’s a Top Investment Hotspot for 2017

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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… Read more »