Costa del Sol property sales, rentals & management

Costa del Sol property news

Spanish property thrives with 17.3% increase in sales

January 17, 2017
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The number of property sales transactions registered in Spain increased 17.3% in November 2016 compared to the same period the previous year.

 

 

According to figures released by Spain’s National Institute of Statistics (INE), the amount of home sales inscribed in the Spanish property register […]

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Unsold new homes in Spain reduced by 50%

January 12, 2017
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The number of unsold properties built in Spain during the boom housing years prior to the 2008 crash is steadily falling, ending 2016 with 388,000 unsold properties, almost half of the 650,000 left unsold at the peak in 2009.

 

 

Previously considered unsaleable for reasons […]

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Spanish mortgage interest rates end 2016 with another record low

January 9, 2017
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Having spent eleven out of last years twelve months in negative interest, the 12 month Euribor fell from -0.074 in November, ending the year at -0.08.

 

 

The Euro Interbank Offered Rate, otherwise known as the Euribor – the rate from which mortgage repayments are calculated […]

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Spanish property price rises predicted to gain momentum over next four years

January 9, 2017
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According to R.R. Acuña & Asociados in their 20th annual assessment of the Spanish property market, the annual rate of increase in property prices will rise to around 5% by 2018, where it will remain until 2020.

 

 

Following a steady increase throughout 2016 which […]

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