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New Luxury Apartments in Marbella | from €850,000 | Click image for details

August home sales figures rise in all but two regions across Spain.

A total of 44,637 residential properties were sold across the country during the month of August, representing a rise of 7.4% compared with the same month last year, reveals figures published by the government’s central statistics unit. Read more »

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Luxury properties in Puerto Banus, Marbella | from €599,000 | click image for details

The US buyout firm Varde will ‘focus solely on building homes and delivering high-quality developments’ in Spain.

Investment firm Varde Partners LP is to expand its Spanish land portfolio by purchasing new acquisitions ready for development across the country. Read more »

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Residential property sales rose 16.2% in July, compared to the same month last year, accompanied by a 14.6% rise in the number of property purchases financed by the means of a mortgage loan, new figures show.

A total of 19,287 new mortgages were registered during the month, according to Spain’s central statistics unit.  The most significant increase occurred in the region of Extremadura where the number of new approved residential mortgage loans increased by 38.9%, followed by the Comunidad Valenciana and La Rioja (both rising by 28.1%) and Madrid (27.5%). Read more »

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New Luxury Townhouses in Sotogrande | from €405,000 | Click image for details

Spanish property sales experienced significant growth in July following two months of minimal rises.

The number of properties sold in Spain throughout the month of July reached 45,900 units, 16.2% more than the same period in 2017, according to the latest figures published by the government’s central statistics unit. Read more »

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Frontline Beach Apartments in Torremolinos | from €209,000 | click image for details

Average property prices have risen by 11.6% since the market bottomed out in February 2015 while prices in Mediterranean coastal areas and regional capitals have risen even further, new figures show.

The Spanish property market has experienced significant growth over the last three and a half years, with residential properties located in regional capitals and other large cities recording price increases of 19.7%, according to property valuation firm Tinsa. Read more »