Spanish property sales reach new highs

Spanish Property Sales

Spanish property sales rise after a slowdown during Easter

According to Premier Marbella news sources, a recent report on the Spanish property market shows that Spanish property sales rose by 19.3% year-on-year in June to 44,135 units, according to data from the National Statistics Institute (INE). New build property has had a significant increase with 7,899 new homes sold, levels that were not seen since January 2015, which shows that the new construction has started to have a more relevant role in the sector. The sale of used or second hand property rose 19.2% year-on-year to 36,236 units. Continue reading

The Spanish property market grew by 15% in 2016

Spanish property

According to Premier Marbella news sources, a recent report was issued by National Institute of Statistics (INE) show that the Spanish property market expanded by 15% in 2016, the biggest increase since the property boom years. Last year 13.25% of all Spanish property purchases were made by overseas buyers equivalent to 53.000 transactions and British buyers represented 19%. Continue reading

Marbella property market stabilizing as National Statistics Institute publish annual report

Marbella PropertyAccording to Premier Marbella news sources, the Marbella property market would appear to be out performing all other areas on the Costa del Sol with a notable increase in property sales. The National Statistics Institute (INE) have just published the annual report for 2014.  Continue reading

Is the Spanish property market entering into recovery mode ?

Spanish-propertyAccording to Premier Marbella news sources, the Spanish property market appears to be entering into recovery mode. The National Statistics Institute reported recently that in June, Spanish property sales had a significant rise in the Malaga province with 1,858 transactions. Continue reading

Overseas buyers account for continued rise in Spanish property sales

Spanish Property

According to Premier Marbella news sources, the National Statistics Institute reported recently that in June, Spanish property sales rose by 8.8%, compared with the same month of 2013, reaching a total of 26,076 transactions, owing primarily to the activity of the resale or second hand property market. Continue reading

Property sales in Malaga province continue the upward trend.

Property sales in Malaga

According to Premier Marbella news sources, in a recent statement issued by the leading building promoters and architects, it was announced that even though the recent indicators are positive towards property sales in Malaga province, until the stock of unsold built properties are disposed of the new construction sector will not reactivate. Continue reading

Overseas buyers account for 19.4% of Spanish property sales

Spanish PropertyAccording to Premier Marbella news sources, a report issued by the Council of Notaries in the first quarter of this year shows overseas buyers purchased a total of 15,402 properties in Spain, an increase of 27.2% for the same period year-on-year and accounting for 19.4% of all Spanish property sold in the first period of 2014. These figures would indicate that foreign buyers constitute one of the main engines of growth in Spanish property sales. Continue reading

Spanish property sales fall by 15,4 % in August

Spanish property

According to Premier Marbella news sources Spanish property sales fell 15.4% in August to close at 23,552 operations, thus accelerating the downward trend recorded in the past four months, according to data released yesterday by the National Institute of Statistics, INE. Continue reading

Property sales fell by 12.6% in March

Property MarbellaAccording to Premier Marbella news sources, Property sales fell by 12.6% in March from the same month in 2012, to a total of 22,086 transactions, the lowest figure since April last year, when property transactions just topped 21,500, as reported by the National Statistics Institute (INE). The March decline comes after three consecutive months of annual increases and may be a consequence of the end of the tax benefits for home ownership since last January.