Frontline Beach Apartments in Estepona | from €2,360,000 | Click image for details
Spain storms to second position in the worldwide tourist destination rankings, overtaking the USA.
A staggering 82 million tourists visited Spain last year, according to government figures, representing a rise of 8.9% and the fifth consecutive year of record breaking visitor numbers. Read more »
Luxury Villa in La Alqueria, Marbella | from €1,950,000 | Click image for details
New build property prices continued an upward trend in 2017, rising to the highest level since the property crash, new reports shows.
Over the next few months we can expect to see a number of professional reports analysing the performance of the Spanish property market over the course of 2017.
One such report, by property valuation firm Sociedad de Tasación (ST), studied the price of new build properties across 50 provincial capitals and found that prices have risen by 5% since 2016 to €2,227/m2. Read more »
Golf Villa in Casares | €4,200,000 | Click image for details
The Spanish property market has made remarkable progress over the past twelve months, leaving behind the economic crisis and notorious property crash as it teetered ever closer to making a full recovery.
Property experts and analysts were quick to praise the rate of recovery across the country as the market consolidated and Spanish property once again became a viable option for developers and investors alike.
Here we take a look at some of the most significant changes to have occurred within the property market over the past year and explore what experts are forecasting for the year ahead. Read more »
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Spanish residential property sales will increase by 20% by the end of this year, according to the Property Market Report by property valuation company Euroval.
In terms of regions, minimal sales growth will be recorded in the Basque Country and the highest in Castilla-La Mancha. Andalucia will also see a significant rise in sales activity, accounting for 18% of total residential property sales. Read more »
Villa for Sale in Los Monteros, Marbella | €1,950,000 | Click image for details
Residential property mortgages foreclosed in the third quarter (Q3) of 2017 dropped by over 50%.
Between July and September, the number of mortgage foreclosures on main residencies in Spain was down by 59.8% to 1,584. At the same time, mortgage foreclosures on other types of homes (second homes or holiday homes, for example) were down by 54.3% to 487, according to data published by Spain’s central statistics unit. Read more »