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Property prices in Spain rose by 1.8% in December

09 Feb

Automatic translation from Google translate:

Property prices in Spain rose by 1.8% and the number of transactions grew by +4.5% in December


The Statistic office of the Spanish notaries has just published the numbers for the month of December, here is our quick analysis of the main information:

  • +4.5% transactions growth to 48.956
    • +3.8% for existing apartments (32.654 units)
    • +9.5% for newbuild apartments (4.167 units)
    • +8% for houses (10.105 units)


  • €1.383 per square meter on average, with an increase of 1.8% (vs one year ago)
    • +5.8 % for houses (€.1.106)
    • +0.6% for apartments (€.1.526)
    • €1.492 per square meter for existing apartments, with an increase of 0.9%
    • €2.004 per square meter for newbuild apartments, with a decrease of 4.2%


  • The number of mortgages issued for purchasing properties was 19.848 or -0.2%. Interesting to note, as in the past, that means that more than 50% of the buyers are purchasing their properties WITHOUT mortgage! It doesn’t look like excessive.



If you want to compare Spanish prices vs European ones, have a look at our earlier article:  What return have you made on your Spanish Property investment in 2017? And 2018?

Find the press release in Spanish here


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Senior Analyst and Strategist at HTBIS

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