real estate Spain | RAD Property Services

Spanish Golden Visa scheme gathers momentum in 2016

January 27, 2017

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Following a somewhat muted start to the Spain’s Golden Visa scheme, improvements made in July 2015 have seen investment levels soar some 63% in 2016.

Figures to the end of October 2016 show an increase of 63% in total invest within the initiative jumping from […]

Spanish property thrives with 17.3% increase in sales

January 17, 2017

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News, Property news

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 […]

Unsold new homes in Spain reduced by 50%

January 12, 2017

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News, Property news

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 […]

Spanish mortgage interest rates end 2016 with another record low

January 9, 2017

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News, Property news

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 […]