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House-Hunting in Autumn: The best time to buy a property in Spain

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 ... [Read More]

Spain ranked top choice for buyers of holiday-homes

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 ... [Read More]

Coastal areas along the Mediterranean see 14.8% price rises

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 ... [Read More]

Property sales transactions in Spain continue to soar in July

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 ... [Read More]

Attractive property prices attracting increasing numbers of Foreign buyers to Costa del Sol

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 ... [Read More]

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