A new study conducted by the portal for real estate has revealed SPAIN’S most expensive cities in which to rent or buy property. Idealist. San Sebastian is still the leader of the Top 10 – no surprises there. The two largest cities in Spain, Madrid and Barcelona, are next. READ MORE SAN SEBASTIAN According to IdealistThe high property prices continue …
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Alicante protests against high property prices due to mass tourism
Alicante City saw a protest against mass tourism by about 1,000 people last Friday. Estimates from the Government Delegation are much lower than similar protests in Spain over the past 18 months. It was the third demonstration in a year organised by the ‘Alicante- Where are you going?’ platform. READ MORE LAST FRIDAY MARCH Participants called for cheaper housing, as …
Read More »Spain’s top areas to buy and sell a home
MADRID, Valencia, and Zaragoza were the most ‘in demand’ municipalities in Spain for buying and selling properties during the second quarter of 2025. Based on real estate listings, the supply and demands were analyzed. Idealista. Eight of the ten top towns and cities are provincial capitals. READ MORE MADRID, A POPULAR CITY Madrid (2) has again been crowned the leader …
Read More »Benidorm’s new inspectors are ready to fine illegal holiday home owners
BENIDORM now has the ability to penalise illegal holiday rental property owners after forming a 5-person inspection team. Valencia City becomes the second municipality within the Valencian Community with the ability to impose and collect penalties. The money raised will remain in the city and not be transferred to regional government coffers. READ MORE Licensed TOURIST FLAT Benidorm’s tourist accommodation …
Read More »There is no slowdown expected for the new home price increases in Spain this year
According to a report by Sociedad de Tscion, the prices of new homes will continue to rise in Spain in the second half 2025. Their report published on Wednesday showed that average new home prices reached €3,151 per m2 in June- a yearly rise of 7.5%- to make house prices the highest since their surveys started. They predict that by …
Read More »Prices soar and foreign buyers’ spending power levels out by 2024
PROPERTY purchase deals in Spain by foreigners flattened out last year to €11.7 billion of sales- up by just 0.4% in value compared to 2023. That compares to over €14.5 million in sales recorded in 2018. The Ministry of Housing compiled figures that showed the majority of non-Spanish buyers were buying second hand housing. READ MORE The number of foreign …
Read More »Controversial law allows new property builds on rural land ‘reserves’ in Balearic Islands
The Balearic Islands Parliament has approved a controversial law that allows rural land to be converted into new homes. The Law of Natural Spaces was passed in 1991, and it has pardoned illegal constructions that were made on land protected by the Serra de Tramuntana. At a Monday plenary meeting in Palma, the Partido Popular and Vox Parties backed this …
Read More »The Costa Blanca is experiencing a record-breaking April for property purchases
According to the National Institute of Statistics (INE), Alicante has set a record for property purchases in APRIL. Property boom continues to grow with 4167 sales in April, surpassing the previous best set in April last year. This is the first month that sales have exceeded 4,000 transactions. READ MORE Alicante ranked third on the national sales list behind only …
Read More »Germans are outspending the British in Spain for mortgages as demand from abroad continues to rise
In the first quarter 2025, Germans have overtaken Brits when it comes to applying for mortgages. The property portal has provided figures on the market Idealist In the UK, 14.2% of mortgages were applied for by UK nationals. The total number of foreign buyers in Spain is 3.6%. READ MORE Between January and March, applicants from Switzerland accounted for 8.7% …
Read More »Due to a shortage of property and lower interest rates, house prices in Spain have risen at the highest rate since 2007.
The acceleration of house prices in Spain continues with a 12.2% increase in the first quarter 2024. The National Institute of Statistics has reported the highest quarterly growth since the first three months of 2007. New properties were only 0.1% behind second-hand property prices, which grew by 12.3% from January to March. READ MORE RISE CONTINUE The house price increase …
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