Average property prices

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This topic contains 8 replies, has 5 voices, and was last updated by Profile photo of Aunty Val Aunty Val 10 years, 3 months ago.

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  • #52138
    Profile photo of Aunty Val
    Aunty Val
    Participant

    Hi there – I’m new to the forum but sense that I may be on here regularly from now on.

    I hope not to make a tit of myself on my first visit and have tried doing a search to see if anything matches but cannot find anything relevant.

    I am hoping to find average house price indeces for the Malaga province (and preferably broken into regions) in English. What I really want is the average of “Euros per square meter” so if anyone has any accurate idea of this or can point me in the right direction I would appreciate it.

    I have visited a Spanish statistical website but really couldn’t find the relevant pages to help me.

  • #64870
    Profile photo of Anonymous
    Anonymous
    Participant

    Welcome Aunty Val,

    You may find what you want here:
    http://www.spanishpropertyinsight.com/spanish_property_information.htm

    There is more update info now available, so I’ll update this with the latest stats in September.

    Mark

  • #65015
    Profile photo of Anonymous
    Anonymous
    Participant

    Welcome Aunty Val,

    You may find what you want here:
    http://www.spanishpropertyinsight.com/spanish_property_information.htm

    There is more update info now available, so I’ll update this with the latest stats in September.

    Mark

  • #65038
    Profile photo of Aunty Val
    Aunty Val
    Participant

    Thanks Mark

    I must say that I find this site fascinating – at last you can get qualitative information and be able to talk to people who actually understand the property market.

  • #65049
    Profile photo of Anonymous
    Anonymous
    Participant

    This may be of interest to:

    Kyero Property Price Guide

  • #65107
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi Val

    you could also try http://www.idealista.com this gives prices available and the price per sq M for any given area. You need to do a search on property but it allows yu to specify – using a map of the area, where. You can also specify SqM etc. The results then give you the total M per house, the Price and the price per SqM.

    Vince

  • #65402
    Profile photo of Aunty Val
    Aunty Val
    Participant

    I had a look at the Kyero one and I had to laugh.

    They use current asking prices for their comparisons and with a limited selection of property it is the most ludicrous piece of statistical analysis that I have ever seen.

    If they have information on one property in a specific village at an asking price of 1.5million euros then that becomes the average for that village!

    Bizarre and quite useless.

    For me the only answer seems to be my own market research. That way you can’t blame anyone else!

    Thanks anyway

  • #65404
    Profile photo of Anonymous
    Anonymous
    Participant

    In some respects I agree, however where there is a decent selection of properties listed in a specific location, it can be useful for considering where to buy and to be able to make comparisons with different locations in Spain and the variation to national averages. It could also be useful if buying to invest to consider the amount of competion and other properties for sale when thinking about exit plans.

    As long as all the information is collated and treated in the same manner it should provide trends and indications.

    Jim

  • #65406
    Profile photo of Aunty Val
    Aunty Val
    Participant

    Sorry Jim but I am going to disagree with you.

    Firstly the Kyero listings deal with asking prices – most of which could be 20%above what they will sell for in the current market.

    Secondly the number of entries will give you some idea of an area but the example I gave of my village (only showing 1 property) is very misleading because there are in excess of 100 properties in this village (and surrounds) currently on the market. What does that indicate about the other statistics in their document.

    If you want to buy a property in Spain (as a home, holiday home or investment) you need to identify where you would actually like to live. That’s the best way of working out where you should buy.

    If you are buying for investment do not trust the statistics of a property portal that has limited numbers of properties available in certain areas.

    Whenever I have bought for investment purposes I have always asked whether I could actually live there – if yes then its a safer bet.

    I just find that its a bit insulting that Kyero can actually publicise this analysis as beneficial.

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