The lockdown in Spain is taking one of Europe’s older-fashioned property markets into the 21st century, with estate agents rushing to offer virtual visits and notaries lobbying to legalise e-signatures to offset a near-total halt of business. In the latest episode of Spain’s real estate rollercoaster 99 per cent of transactions have stopped during the… Read more »
Posts Tagged: Property Market Spain
Spanish house prices are set to rise faster than all of the eight European countries included in Moody’s forecast. The analytic company predicts house prices in Spain to rise by 5.5% next year, a whole percentage point above Ireland and Holland.
Despite property sales rising by just 3.8% in July, the number of mortgages granted on residential properties rose by 13.1%, new data shows.
The number of new mortgages constituted on Spanish residential properties throughout the month of May grew over 11%, along with a rise in mortgage loan capital.
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… Read more »