Spanish property values predicted to rise 5 to 7 per cent in 2019
Amid a continued resurgence in the Spanish property market in 2018, predictions for 2019 remain significantly optimistic across the board.Basing their findings on current figures and trends, leading Spanish property valuation firm Tinsa has forecasted an average rise in market value of between 5 and 7 per cent in 2019. Increased demand, falling unemployment and a rise in building licenses issued, sales and mortgages granted will continue to ...
Andalucía sees highest volume of property sales across Spain in September
The number of property sales transactions across Spain rose for the sixth consecutive month in September. Showing a 9.7% increase compared to the same month in 2017, figures increased by a comfortable 2.3% on August, when a year-on-year increase of 7.4% was registered.According to the National Institute of Statistics (INE), a total of 42,766 residential properties were bought and sold in September, the majority of which were second-hand homes ...
House-Hunting in Autumn: The best time to buy a property in Spain
The Spanish property market is currently being fuelled by robust economic growth. Backed by better buying conditions and an increased access to credit and loans, local and international investors are being driven to a market that is once again seeing prices rise.Prime locations in Spain such as the Costa del Sol are seeing an influx of new-build quality homes with high buy-to-let potential. World famous for its climate, the Costa del Sol has ...
Spain ranked top choice for buyers of holiday-homes
According to a recent international survey, Spain is the most attractive destination for investors seeking a second home abroad.Conducted by a global platform for holiday rentals, Spain ranked in first place, with 19.3% of respondents of those surveyed, followed by Portugal with 13.2% and France with 13.1% in third place.Of the participants who took part, 44% of resident owners of second residences in Spain were foreign. The largest groups ...
Coastal areas along the Mediterranean see 14.8% price rises
Property prices across Spain have risen by 11.6% on average since the market bottomed out in February 2015. Not surprisingly, prices along the coastal areas in Spain have seen the most significant price rises, with 18.9% in the Balearic and Canary Islands, followed by a 14.8% rise in Mediterranean coastal areas.According to a recent report by property valuation firm Tinsa, property prices along the Mediterranean coast have increased by up ...
