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 […]
Following the recent Spanish elections PSOE has come out on top in Andalucia as the most voted party in seven out of eight of the region’s capitals with Granada favouring the PP. But the party has lost support since the general election in April dropping 150,000 ballots. In Andalucia the PSOE maintains its strength with […]
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. […]
Almost half of all purchases in September were financed by mortgage loans. The latest set of data regarding the residential property market to come from Spains notaries, reporting exactly the same total in September as in the same month last year after four consecutive year-on-year decrease in previous months, although at the same time the […]
The latest provisional data published by the Spanish government’s central statistics unit on Monday show that the annual inflation rate in August was just 0.1 per cent, 0.2 points lower than in the definitive report for the previous month and the lowest since September 2016, when a long period of negative inflation came to an […]
Statistics regarding the market price of officially valued residential property in Spain during the second quarter of 2019 were published by the Ministry of Development this week, offering some interesting insights into how the market is developing and reinforcing to a certain extent the impression that the recovery in prices is beginning to run out […]
With a 4.5% GDP growth rate in 2018, Malaga continues to lead economic development in Andalucia. Seville with 24.2% of the total GDP in the region & Malaga with 20.6%, represent almost half of the economic activity in Andalucia, as reported by “Instituto de Estadística y Cartografía de Andalucía.” The Malaga Mayor recently presented a […]
The latest set of data regarding the residential property market to come from Spain’s notaries was published the 10th of April, reporting year-on-year increases of just 3.2 per cent in sales figures but a far more significant 10.6 per cent in mortgage activity in February 2019 across the country as a whole. These latest data […]
The publication by the government’s central statistics unit of the residential property sales data for the month of February 2019, showing that the number of transactions was 5.3 per cent higher than in the same month last year at 43,695. Although this marks a return to growth after the first year-on-year decrease for ten months […]
The leading Spanish property valuation firm Tinsa published its latest batch of monthly data regarding the market value of housing across the country on Tuesday the 5th of March, reporting that in the month of February on-going recovery in prices across the country appeared to slow a little. The year-on-year increase of 4.1 per cent […]
The huge Intu commercial and leisure park planned for Torremolinos will soon begin construction, it has been announced. After years of delays and setbacks, British developer Intu revealed on Friday that the first batch of contracts had been awarded to builders Dragados and Sando, which collectively form the Temporary Union of Companies (UTE). The €160 […]
The investment group Mabel Capital, owned by the Balearic businessman Abel Matutes (son of the former minister and businessman of the same name) and his partner Manuel Campos Guallar, has landed on the Costa del Sol with a project for the construction of more than 30 luxury seafront homes. The company, based in Madrid and […]