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Finance

Prime market activity

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Strong property market activity and growth is being experienced in five of Spain’s key cities, giving potential buyers a renewed sense of confidence, according to new analysis. The highest residential prime property prices are in Madrid where values increased 9.7 per cent during the year to March 2019, and are 50.1 per cent higher than […]

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A recent survey has revealed that housing prices in seven locations in Malaga province have hit record highs.

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The last housing boom came over a decade ago when the construction market was at its highest thanks to relaxed EU regulations. However the figures show that today’s prices even exceed that most profitable period. The results show that the municipalities with the highest prices are Algarrobo Costa, Chilches, Estepona, Fuengirola, Marbella, Nerja and Ojen. […]

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Mortgage lending figures continue to rise

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In October, 30,356 were registered, an increase of more than 20 per cent on the previous period the year before. By the same month, nearly 300,000 mortgages had been granted across Spain, an increase of 10.7 per cent on the number granted between January and October 2017. Experts say they think 2018 may turn out […]

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Spanish inflation rate drops to 1.2 per cent

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The latest provisional data published by the Spanish government’s central statistics unit show that the annual inflation rate in December was 1.2 per cent, 0.5 points lower than in the definitive report for the previous month and a full point below the level where it remained for six months between May and October. Should the […]

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