Property

SPAIN’s ancient churches are some of the nation’s most famous architectural gems. They display a variety of architectural styles reflecting the various eras from which they  originate , from Mudejar to Renaissance and Baroque. But a new minimalistic church in Tenerife has shown that the era of great religious architecture is by no means over in Spain. The Holy Redeemer …

THE average percentage of household income needed to buy a home in Spain rose to 23.1% during the second quarter of 2024 according to a study from the idealista property portal. The percentage is either higher for rentals, 35.7%, as a shortage of properties and rising prices has pushed up rents by 4% over the last 12 months. Francisco Iñareta …

NEXT month’s anticipated interest cut by the European Central Bank is contributing to significant falls in the Euribor- the main benchmark index for mortgages in Spain. August’s Euribor rate is almost a percentage point down on a year ago, standing so far this month at 3.18% compared to 4.073%. Last September, it peaked with a monthly average of 4.149%. The …

WHEN Real Madrid’s Santiago Bernabeu stadium hosted Taylor Swift’s Eras tour, all eyes were on the pop superstar. But for the football club the real star of the show was the stadium itself. Swift’s concert marked the first occasion the ground was fully open – albeit ‘unofficially’ – after a massive revamp some 10 years after the plans were first …

IDEALISTA has revealed the most exclusive street in Spain but it’s not in Marbella, so which other Costa del Sol hotspot is it?  Property search engine Idealista has conducted a study to find the most expensive streets in Spain. The top spot went to one Costa del Sol street with average prices of over €12 million. Coto Zagaleta, Benahavis was …

THE most expensive and cheapest coastal resorts for buying a home in Spain have been revealed.  The analysis has been carried out by popular property portal pisos.com. According to the most recent data, the most expensive area by the sea on mainland Spain is Marbella. House hunters looking for a 90sqm home in the Costa del Sol city will pay …

MALAGA is seeing an expansion of Airbnb-style flats despite backlash from locals, according to new data these are most affected areas. As a nationwide debate about anti-tourism sweeps Spain, tourist lets are exploding in Malaga city. Now, new data has revealed 20% of homes in six areas are Airbnb-style tourist flats. Published by the Urban and Social Studies Institute (IEUS), …

A MAJOR tourist town on the Costa del Sol has cancelled 600 licences for tourist accommodation.  The affected properties will not be allowed to become Airbnb-style flats because they do not have a separate building entrance for their guests. Fuengirola announced the measure this week in a bid to ‘make tourist activity sustainable’ and ‘in harmony with the well-being of …

THE cheapest areas to buy a property in Andalucia in 2024 have been revealed by leading property portal Idealista.  It comes as the number of foreigners looking for a bolthole in the country continues to grow. But for those on a budget, the likes of Marbella and increasingly Estepona are largely inaccessible. Velez Blanco, Almeria (CREDIT: Andalucia.org) However there are …

A TRADITIONAL Ibiza house dating back 500-years and which was totally redesigned has been for put for sale with a €10.8 million price tag. The historic property is located in Sant Mateu and has been named Finca Mateo covering 487 m2 on a large plot of land. The house combines ‘historic charm with luxury comfort’, according to Tim Stacey, sales …