Costa del Sol

Andalucia leads the way as property sales start to pick up all over Spain.

From figures released to today by the INE (Spanish national institute of statistics) Sales were up 13.7% this September year on year and up 14.9% from the previous month.

INE-OCT2014.

Andalucia, where the recovery has been well under way all year, leads the volume of transactions at 5,363 - up 5% from last year.

Andalucia sales volumes

Andalucia’s international market with the Costa del Sol catering to foreign buyers of holiday and retirement homes has a clear jump on the rest of the country.

However Madrid, Asturias and Cantabria all show sales volumes up by over 40% indicating that the recovery is spreading across the country as the national market begins to recuperate as well.

Regional sale volumes.

Drilling down into the figures we can see that the total volume of properties sold was 27,024. New builds remain popular with 8,956 sold, and then number of resale properties has increased to 18,068. Even the volume of council house sales is up to 2,928.

These figures all tally well with what we are seeing down here on the ground. Buyer confidence has returned to the market and clients who were once window shoppers are now buyers. The remaining developer and bank deals are being purchased consistently and great priced resales don’t stay on the market for very long.

As the message becomes clearer and clearer, perhaps now is the time to make your move.

The market is growing steadily again and we think you won’t want to get left behind. So, if you haven’t already done so, Get in touch with us and tell us what you’re looking for.

11.11.2014.

Andalucia leads the way as property sales start to pick up all over Spain.

From figures released to today by the INE (Spanish national institute of statistics) Sales were up 13.7% this September year on year and up 14.9% from the previous month.11/11/2014

Who’s been buying in Spain?.....And are the British still the number one buyers?

If you’ve been following the Spanish property market a little, wondering if the time is right to get into the market, you’ll have started to notice articles referring to early signs of recovery particularly on the Costas and Islands.03/11/2014

The long awaited…………Upturn in the Spanish Property Market.

The number of houses sold is up. The number of mortgages granted is up. The number of foreign buyers is up. The number of new construction projects is up and yes, in some key areas, the prices are starting to go up too. After a seven year slide...06/09/2014

Spanish Government measures for the property market.

The newly elected Partido Popular (Conservative) party has introduced a raft of measures relating to the under-performing property market. These measures are directed both at stimulating certain sectors of the market and generating extra tax revenue.08/01/2012

Spanish Government reduces VAT on New Property Purchases by 50%.

In an unexpected move on Friday of last week, the Spanish government decided to slash VAT on the purchase of new property from 8% to 4%. Applicable immediately, this discounted tax measure will last until the end of the year -31st December 2011.23/08/2011

Spanish Property prices continue to bounce along the bottom.

Many commentators have been looking to call the bottom of the market after the turbulence of the last 3 years and it would now appear that we are there or thereabouts.....19/11/2010

Tinsa estimate a further 20% drop in Spanish house prices in 2009

Tinsa, a Spanish property valuation company used by several high street banks,has signalled that house prices will drop a further 20% over 2009. 01/03/2009

Monthly mortgage payments set to drop by largest amount in five years.

The Euribor, which is linked to the Central European Bank's base lending rate, is set to close the month of December at 3.47%.28/12/2008

Offer extended. Luxury Marbella Townhouses. Reduced by 100,000€

Situated in the prestigeous Marbella location of Cabopino. Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 28/06/2008

Euribor at lowest level for eight months.

Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.28/01/2008

Spanish property prices end the year lower than they started.

Despite starting the year well with property prices rising in all Spanish regions,2007 has ended in December with prices 0.28% below where they started in January. According to Facilisimo.com, the region of La Rioja has been the worst affected, dropping 11.08% to 2159€/m2 , Madrid and Barcelona haven't avoided the falls dropping 2.38% to 3479€/m2 and 3.05% to 3777€/m2 respectively. 05/01/2008

Euribor falls again for second month in succession.

The Euribor, the Central European Bank's base lending rate, is set to close the month of November at 4.60%.29/11/2007

Bargain Property.Luxury Marbella Townhouses. Reduced by 100,000€

Situated in the prestigeous Marbella location of Cabopino, these high quality south facing residences boast fantastic sea views. Golf lovers can also choose south west facing homes overlooking Cabopino Golf (Par 71). Standard prices were from 450,000€ - 515,000€. These marvellous luxury homes can now be purchased for 350,000€ - 415,000€. 06/09/2007

Spanish Mortgage rate set to fall

The Euribor, the Central European Bank's base lending rate, is set to close the month of October at 4.65%.12/07/2007

Price of resale property falls in several Spanish regions

Resale property prices have fallen for the third consecutive month in thirteen Spanish regions including the province of Malaga.12/07/2007

Deutsche Bank release strong Spanish economy report

The Deutsche Bank have issued a report on the Spanish economy entitled Spain 2020, the success story continues.12/07/2007

Domincan Republic. JUST RELEASED. 30.10.07

Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.12/07/2007