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According to the latest publication of Fotocasa, on November 2017, the rental price continues to grow at a very strong year-on-year rate, returning to the level of November 2010, the strongest in Spain was 12.9% in Catalonia, and the Spanish community continues to be the most expensive for rentals. The five most expensive cities in […]
According to the latest price study of the leading Spanish property portal Idealista on prices for November 2017, the Madrid region has risen faster at + 1.5% than the rest of Spain where the average monthly increase was 1.2%. Two other provinces are still more expensive for housing: Guipúzcoa (2750 € / sqm) and Vizcaya […]
According to the latest publication of the INE, the number of mortgages on homes registered in property registries in September 2017 has been 29,388, a The average amount of mortgages registered on housing in September is 123,649 euros. The average interest rate is 2.83% and the average term is 24 years. 63% of mortgages on […]
In the first semester of 2017, 13% more transactions of sales have been by foreigners. Thus, 50 087 transactions were registered, 19% of all purchases and sales in Spain, of which 53% were by resident foreign citizens. In Catalonia, 20% of sales have been by foreigners, with many French (44%) for transactions of non-residents. By […]
The applications for visas to build new homes have been an accumulated total of 60 695 authorizations to build apartments at the end of the third quarter of 2017, according to the latest data from the Ministry of Development. If this rate has remained stable we could reach a total of 81,000 authorizations for 2017, […]
According to our latest study on mortgages conditions you can get: – fixed rate: 1.5% fixed at 10 years, 2% at 20 years, – Variable rate: Euribor 1 year + 0.99% up to 30 years without cancellation commission, up to 80% financing. Contact us for more information.
According to the data published by the INE, the number of purchases of homes has only increased in September in Catalonia from 2.1% to 6 146 (6720 in August), a figure that contrasts with + 11% in Spain very far from the evolution of the Catalan market in the previous months. In September we were […]
The bank BBVA has updated its forecast in its report situation in Spain for housing investment: their forecast is for 2017 +8.2%, for property prices but less for 2018 with 5.9%, given the uncertainty on Spanish economic policy. The bank highlights a real estate market with a positive trend, given a significant national and international […]
The tourist association Exceltur estimates to 1,200 million euros lost to tourism in Catalonia compared to the same period in 2016 from 1 October with a referendum ordered without legal support by the independentistas. Already these past and possible new altercations have influenced and will affect the tourist image and public order in Catalonia, and […]
The GDP in Spain should be around 3% in 2017. In addition, according to a study of the Panel of Funcas where the forecasts of several banks are collected, the unemployment rate should be 17.2% in 2017 and provide 15.2% by 2018. We have already fallen a lot from the high of 27% in the […]
