Property sales transactions in Spain continue to soar in July
Spain's National Institute of Statistics reported a total of 45,900 property sales transactions in the month of July.According to the latest report by the INE, a total of 38,120 second-hand Spanish properties exchanged hands in July, and a total of 7,780 new-build properties were sold.The market for resale property in Spain dominated with around 83% of all transactions.Bringing the approximate total of property transactions to 308,000 in ...
Attractive property prices attracting increasing numbers of Foreign buyers to Costa del Sol
Foreign buyers of Spanish property now account for one in six sales throughout the nation.The Costa del Sol in particular has long held the allure of international investors and continues to grow in popularity among foreign buyers. The coastal hotspot has seen foreign purchases surge by 61 per cent year-on-year, way ahead of other popular coastal areas such as Costa Brava and Murcia at 52 and 50 per cent respectively.Investing in ...
5 Reasons to Buy Property on the Costa del Sol in 2018
Following one of the worst economic downturns in the history of the country, Spain has made a full recovery due to its ever present allure amongst foreigners, as well as a number of favourable market conditions. The uncertainties surrounding the Spanish economy have clearly reduced as the economic growth remains robust, backed by better conditions and access to credit, improvements in the labour market, a fast-growing economy and ...
Marbella region attracting younger property buyers in 2018
The Malaga province in the Spanish southern region of Andalucia saw a rise of nearly 5% in property sales, with an impressive increase of 31% of non-Spanish buyers this year. According to the National Statistics Institute, the figure is 4% higher than the year before when the number of non-Spanish investors rose by 28%.The Costa del Sol's appeal is as high as ever for property investors this year as Spain remains one of the top destinations ...
Tinsa reports a 4.6 per cent rise in Spanish property prices in July
Leading valuation firm, Tinsa published a report this month that showed a a 10.6 per cent rise in residential property values across Spain since February 2015. Price rises in the month of July saw a 4.6 per cent rise, following one of the most positive months in eleven years in June.Average market values have seen steady increases since the market bottomed out in February 2015, although it is still 36.5 per cent lower than the peak reach ...
