Continued growth in the Marbella property sector

According to Premier Marbella news sources, the Marbellla property sector has had some fresh wind put in its sails. Urban planning licenses valuing over 17 million euros have been approved in Marbella. These include projects for luxury villas in Santa Clara and La Cequilla. There are also two complexes of 44  and 41 homes to be built in Nueva Andalucia. A clear indication of the continued growth in the Marbella property sector. A recent report on the Spanish property market shows that building permits in 2017 are up 86 per cent in the Malaga Province. A total of 3,830 permits were issued to the end of September, the highest since 2008.  Continue reading

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

Spanish property market driven by foreign investment in 2017

Spanish Property

According to Premier Marbella news sources, a recent report on the Spanish property market shows that in the first quarter of 2017 foreign nationals purchased 15.000 properties in Spain, which represents a 13.1 per cent share of the total property sales.  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

Spanish property owners rebel over Plusvalia tax charges

Spanish property

According to Premier Marbella news sources, a recent high court ruling regarding Plusvalia Tax opened the pathway for an increasing number of Spanish property owners to take legal action against local councils over the forced payment of Plusvalía Tax even when there is a substantial value loss on the sales price.

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Positive data just released on the Spanish property market

Spanish Property

According to Premier Marbella news sources, a report released by the Ministry of Development provides detailed information on recent developments in the Spanish property market indicating that between April and June 123,159 property sales were completed. Continue reading

Spanish property sales continue the upward trend with positive data for May

Spanish Property

According to Premier Marbella news sources and a recent report published by the General Council of Notaries of Spain, 33,504 properties were sold in May, which would indicate that Spanish property sales are up 8.4% year on year, while the price of properties fell 2.5% to an average of 1.226 euros. Meanwhile, mortgage lending increased by 26.4% on an inter-annual basis in May, with 14,213 new loans. Continue reading

Indicators show a slight rise in Spanish Property prices

Spanish property

According to Premier Marbella news sources and a report released from the Spanish Real Estate Statistics Registry, Spanish property prices rose 2.6% year on year to March 2015 and 1.8% up to the end of 2014. This would indicate that a possible price turnaround started last year.  Continue reading

The Spanish property market is entering a new growth cycle in 2015

Spanish Property

According to Premier Marbella news sources, a recent report in the Spanish property section of the tabloid El Mundo stated that 2015 would appear to be kicking off with great optimism after green recovery shoots appeared in 2014 in what would seem to be a new Spanish property market cycle. 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