Latest Spanish Property News

What is good news for investors in Spanish properties, is bad news for local renters. Led by Barcelona, six regional capitals now show record increases, with rental asking prices exceeding those charged before 2008, when the Spanish housing market collapsed due to a worldwide recession.

Fri, 07/07/2017 - 11:30

The average house price in the south-west of Mallorca now stands at 2.11 million euros, after home values rose sharply since the beginning of the year. Compared to the average price recorded in 2016 (1.68 million euros), house prices in the area have actually risen by 25%, according to leading international estate agents Engel & Völkers.

Buyers are particularly interested in new-build apartments, where property prices have seen the largest increase.

Wed, 05/07/2017 - 15:47

According to reports from two real estate firms, the Spanish property market is showing significant signs of improvement.

Spanish property valuation experts Tinsa say that average prices are increasing, but homes are still around 41% of their peak value recorded in 2007 before the market collapsed.

The biggest moves were in the Balearic and Canary Islands, among the most popular investment destinations holiday home owners.

Thu, 24/03/2016 - 08:03

The latest data released from Spain's General Council of Notaires shows that residential property sales in the country increased by 7.3% in November last year, compared with the same month in 2014.

Mon, 01/02/2016 - 09:25

Real estate giant Hines expanded its retail portfolio this month with the purchase of Arcs 10, an upscale retail asset in Barcelona. Houston-based Hines forked out almost €40m for the 1,200m² property, located close to the Cathedral and Plaza Sant Jaume in Spain's perennially popular tourist hotspot.

Wed, 27/01/2016 - 08:09