Insight into the Spanish property market, guides to help you make informed decisions, and a directory of real estate professionals and home service providers from a source you can trust.
This is a website for buyers, owners, and sellers of property in Spain, offering reliable information and resources to help you get things done with confidence. It is run by Mark Stücklin, author of the Spanish Property Doctor Column in The Sunday Times (2005-2008), and the book ‘Need to Know: Buying Property in Spain’ published by Collins.
When you buy or sell property in Spain the sums of money are large, perhaps one of the biggest financial decisions of your life. The high transaction costs you will face like taxes and commissions only make the decision more important to get right. And when you own property in Spain you face a host of extra challenges to manage, and costs to control. Unfortunately, the Spanish property market is opaque and full of pitfalls, and notoriously unprofessional. Buying and selling property in Spain is not a decision to be taken lightly, and you may find it much easier to buy than sell if you don’t take care. In this market it is crucial to do your own research, and don’t rely exclusively on people who are trying to sell you something – let’s just say they might not have your best interests at heart. Spanish Property Insight is the only independent source of information and analysis of the Spanish property market. Don’t even think about buying or selling property in Spain without subscribing to Spanish Property Insight.
Spanish home sales were up an annualised 4.5% in December to 48,956 transactions, whilst the average price of property sold in the month was 1.8% higher in terms of €/m2 than the same month last year, reveal the latest figures from the Spanish Notaries Association.
Not long before the notaries released their latest data, the international ratings agency Standard & Poor’s (S&P) published a report forecasting continued growth in Spanish home sales driven by strong economic growth (source Europa Press)
In its report on European housing markets S&P explains that robust consumer demand lies behind job creation and economic growth, which is expected to be stronger than last year. Rising employment, economic growth, and low inflation, are all contriving to increase the purchasing power of residents of Spain.
Pointing out that Spanish house prices rose 4.2% in 2017 (according to Tinsa), and transactions rose to 455,000, whilst the glut of never-sold homes on the market has retreated to those areas with little or no demand, S&P forecast continued growth rising to 8% this year, with the caveat that the constitutional crisis in Catalonia could lead to a recession in its regional housing market.
Everything you need to know about property in Spain
Login or Register to read articles without any adverts in the text.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.