UK house prices fall 2.6% in June, the biggest drop since 2011
The UK housing market remains on a downward path, with prices in June falling by 2.6%, confirming their fastest annual rate of decline since June 2011.
Malaga, the Costa del Sol capital that attracts high-end foreign buyers
The first few months of 2023 have proven Malaga's growing dynamism in the luxury real estate market. The city has become an increasingly attractive destination for high-end international buyers, driving solid and promising growth in this market.
Second homes on the coast in Spain increase by 6.3%, according to Tinsa
Holiday homes went up in the first quarter by 6.3% over the last year to €2,550 per square meter, 35% above the average value of first homes in coastal areas, according to Tinsa's 'Housing on the Coast 2023' report.
Considering both first and second homes, the average value recorded a year-on-year
Euroval forecasts that house prices will rise by 2% this year: where will they increase the most?
The housing market is suffering the impact of economic uncertainty and interest rate hikes, although prices seem to be escaping for the time being. While sales and new mortgages have been falling in double digits year-on-year for several months now, residential prices remain stable...
What to expect from house prices in Spain this summer 2023
Is it a good time to buy property in Spain in 2023? Is summer a good time to buy a home?
Buying a home in Spain is equal to an average of 14 years' rent
Buying an average home in Spain is equivalent to paying 14 years' rent for the same property, according to a study published by idealista. One of the indicators that can help you calculate which market is more attractive – i.e.
The outskirts of Madrid and the large cities are at the top of the list in terms of demand for buying a home
idealista has published a new ranking of the most sought-after towns and cities to buy a home thus far in 2023. Among those locations with a large stock of flats, Madrid and the suburbs stand out again, along with other provincial capitals.
Santa Eulalia del Río is the most expensive town to buy a property in Spain and Villarrobledo, the cheapest
The Balearic town of Santa Eulalia del Río had the highest average free housing prices in the first quarter of the year, at €4,682 per square metre, while Villarrobledo (Albacete), at €593 per square metre, is the cheapest town in Spain among towns with more than 25,000 inhabitants.
According to st
Home sales in Spain will fall in 2023 and prices will stabilise
The residential sector was more dynamic than expected during 2022, especially the first half of the year. However, rising borrowing costs have led to a slowdown in the market and reduced the pace of housing growth, according to the latest figures from the consultancy firm CBRE.
A snapshot of house prices in Spain's richest neighbourhoods
The neighbourhoods with the highest average net annual income per inhabitant (2020 data) were El Viso (€40,815/year), Recoletos (€37,067) and Castellana (€36,660), all three in Madrid, according to the 'Urban Indicators 2023' report published by the Spanish Statistics Institute (INE).
There are als