Spanish mortgage activity and average mortgage loan capital rises for the ninth consecutive month. The number of Spanish residential mortgages constituted during the month of January rose by 6.1%, compared with the same month in 2018, to 19,390, according to provisional data by the Spanish notaries.
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Foreign property buyers set a new record in 2018 with more buyers snapping up Spanish property than any other time since the financial crash. A total of 65,295 properties were sold to non-Spaniards last year, representing a rise of 11% compared with the previous year, according to the first annual report by the Spanish Registrars… Read more »
Average property prices grew 6.8% in January, compared with the same month in 2018, according to property valuation firm Tinsa’s IMIE Monthly Report, representing the highest January rise in over a decade. In all the categories identified by Tinsa, properties located on the ‘Mediterranean Coast’ saw the largest year-on-year price increase – rising by 10.1%,… Read more »
New home sales grew significantly in the first 11 months of 2018, accompanied by a rise in the number foreign buyers, government data shows. The Spanish property market continued to grow last year with sales rising by 11% between January and November, compared to 2017, – averaging 43,747 sales per month – according to the… Read more »
Spanish property sales reached over half a million in 2018, for the first time in a decade. A total of 515,000 residential properties were sold in Spain last year, representing a 10.1% increase on 2017 figures and the first time in 10 years that sales figures have risen over the 500,000 mark, according to latest… Read more »