Housing prices

The bursting of the housing bubble and the economic crisis in Spain brought years of increases in the number of evictions, especially as many families were unable to pay their mortgages, and it was also impossible for many young people to become financially independent in the face of low wages.

More than 2,000 discounted houses have arrived on the market.

In the last decade, the housing market in Spain has changed completely. Between 2009 and 2018, the number of sales increased, as did rental prices.

The two major housing markets in Spain ended the last year in very different ways.

There has been an increase of 0.8% in the price of used housing in Spain in October 2018, standing at 1,726 euro per square metre, or 160 euro per square foot, according to the latest idealista real estate price index.

Nope, it’s not in New York and it’s not London… the coolest neighbourhood in the world is in Madrid and is one of the most traditional and famous in the capital: Lavapiés-Embajadores. This is the conclusion reached by 'Time Out' magazine, which has published a ranking of the 50 best neighbourhoods

Second-hand homes are quickly becoming the undisputed leaders of the economic upturn in home sales and purchases in Spain.

When you decide to sell your house, it’s normal to have doubts about how the real estate agency that you’ve entrusted with the sale will manage your home.

The price of used housing in Spain increased by 0.7% in April, reaching 1,632 euro/m2 or 152 euro/sq ft, according to the latest idealista real estate price index.

The sale of Spanish homes in March registered its first decline in the last two years, according to notaries. The 50,299 transactions show a 2.7% year-on-year decrease. Prices remained stable in the third month of 2018 with a slight increase of 0.4% to 1,353 euro/m2, which is 126 euro/sq ft.

The number of houses bought by non-Spanish people in Spain exceeded 60,800 in 2017, breaking the record set 10 years ago, according to official statistics. The drop in the number of purchases by Brits thanks to the Brexit effect was offset by Germans, French and Belgians.

It’s possible to haggle over the price of a home as long as you have the right motivation.

The price of used housing in Spain saw a quarterly increase of 2.2% in the first quarter of 2018. This leaves the price per square metre at 1,621 euro and the price per square foot at 150 euro, according to the latest idealista price index.

The price of second-hand homes in Madrid and Barcelona rose sharply in the first quarter of the year: as much as a 21.3% year-on-year average rise in the Spanish capital and 5.1% in Barcelona.

Property purchases started the year with record figures. In January, 47,289 transactions were registered, the highest figure since May 2008, and an increase of 23.1% year-on-year, according to data from the Spanish National Institute of Statistics (Instituto Nacional de Estadística or INE).

The price of used properties in Spain saw an increase of 1% in the month of February, making the average 1,613 euro/m2 or 150 euro/sq ft, according to the latest property price index from idealista.

Before… The Property Bubble: House prices rose astronomically during the property boom before finally levelling out in 2007, when Spain started to fall into its economic crisis. This lasted until 2012/13, and in this period house prices fell 35-50%.

Are you paying a fair price for your home in the sun, or is the owner being overly optimistic with the asking price? Try using these 5 parameters to find out… 1.

Selling your house is a big moment, so follow these simple steps to make sure you’re doing it right: 1. Prepare the documentation: Before selling, it’s advisable to gather together all the important documents related to the property.

As you might have expected, life in Spain is very cheap. Even so, it is important to spend some time analysing the cost of living before you decide to buy a property in Spain, whether you plan to live there or just want to buy a holiday home.

Whether you’re looking at villas, flats or holiday homes, there’s always the decision of whether to buy or to rent, but which is best for you? It’s worth taking the following into account... Cost of a mortgage vs.