Modern Villas in Marbella West | from €1,175,000 | Click image for details
Analysts forecast healthy rise in property sales and prices but maintain there’s no danger of another property bubble forming.
Spanish property prices will increase by 5% this year and property sales by 7%, according to the latest report by Spain’s second largest bank BBVA. Read more »
Contemporary Townhouses in Manilva | From €268,000 | Click image for details
March was a bumper month for the Spanish tourism sector, with rises occurring in both visitor numbers and spending habits.
A total of 5.38 million visitors came to Spain over the Easter period, an increase of 9.6% compared with Easter 2017, official government figures show. Read more »
Luxury Villas between Marbella & Estepona | from €659,000 | Click image for details
The number of licences for new homes grew considerably in February thanks to the continued recovery within the Spanish property market.
During the month, a total of 8,305 permits were granted, representing a 26.9% rise on the number of permits issued during February last year, according to the Ministry of Development. Read more »
Boutique development of villas in Cabopino | from €945,000 | click image for info
The Brits topped the foreign buyers market in 2017 with property purchases exceeding 9,000.
A total of 464,223 properties exchanged hands in Spain last year, approximately 60,860 of which were bought by non-Spaniards, according to new definitive data published by Spain’s property registrars. Read more »
Apartments in Marbella’s Golden Mile | from €695,000 | Click image for details
Since the introduction of the holiday rental licence (Licencia de Viviendas con Fines Turisticos), more than half of all holiday rental licences issued in Andalucia have been for properties located on the Costa del Sol.
It is nearly two years since the Andalucian government introduced the holiday rental licence, a legal requirement for property owners wishing to rent out their property to holiday makers, and since the introduction a total of 29,520 properties have been granted a licence, with 17,108 issued for properties on the Costa del Sol and in particular Malaga province. Read more »