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.
The SPI House Price Index Tracker plots the progress of the six most-watched house price indices in Spain, and brings them together in the chart above.
The following residential property price indices were released in February 2017 (all figures show year-on-year percentage change):
The Idealista asking price index +7.7% in February, the highest level since the recovery started
The Tinsa index based on valuations by the company +3.6% in January
The Association of Spanish Notaries index +1.8% in December
The Association of Land Registrars index +7.6% in December, repeat-sale methodology
The Ministry of Public Works (Fomento) +3.1% in December
These national indices don’t tell us anything about local markets, but they do at least give us an idea of where we are in the property market cycle. It’s clear from the chart above that Spanish house prices are on the road to recovery, whichever index you choose.
Tinsa Spanish House Price Index
The Spanish house price index published by Tinsa – Spain’s leading appraisal company – also shows house price changes by area, with the big cities (mainly Barcelona and Madrid) up 5.1%, the Mediterranean coast up 3%, and the Balearic and Canary Islands up 4.1% in January.
Everything you need to know about property in Spain
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