The booming Spanish property market continues to grow after reaching a record high in the number of sales last year. The National Statistics Institute (INE) released figures showing that more than 700 000 homes were sold for the first since 2007 when the peak sales of 775 300 homes occurred. In total, 714,237 property transactions took place last year – …
Read More »Tag Archives: Spain property
Renting in Spain? A study alarmingly reveals that buying a house requires more money than renting.
A new alarming study shows that renting a home in Spain is more expensive than paying a mortgage. According to a study by property portal Idealista, the money required to rent a house in Spain has increased to 36% the total income of a typical family. That is significantly higher than the 25% required to buy a house – excluding …
Read More »Spain’s property market continues to smash records in July with the sale of over 64,000 homes.
SPAIN’s property market continues its upward trend with a record number of 64,730 homes sold in the month July. It is the highest ever recorded figure since records were first kept. The record-breaking tally comes fresh off the heels of news that property prices nationwide are on course to rise by over 7% this year – with the average value …
Read More »Spain – a housing bubble or not? The property prices are expected to continue rising in Spain, with a predicted 7% rise by 2025
SPAIN’s housing boom is not slowing down. According to a research report by a major real estate agency, property prices in the country are expected to increase by more than 7% between 2025 and 2050. According to Barcelona-based company Donpiso, the average value of a home is set to tip over €1,900 per square metre for the very first time …
Read More »
Costa News Spain Breaking News | English News in Spain.