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Strong property sales in Spain in 2018

02 Apr
2018

Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News     Nouvelles     Nieuws     Noticias     Nachrichten

 

Property sales in Spain rose by 11.2% and prices decreased by +0.4% in January

 

The Statistic office of the Spanish notaries has just published the January data:

 

Property transactions in Spain for January 2018

  • +11% transactions growth to 38.953 (+7% without seasonal effect)
  • +3.8% for existing apartments (30.765 units)
  • +9.5% for newbuild apartments (2.426 units)
  • +8% for houses (8.188 units)

 

Property price evolution in Spain for January 2018

  • €1.363 per square meter on average, with a decrease of 0.4% (vs one year ago)
  • -1.7 % for houses (€1.076)
  • +1.2% for apartments (€.1.511)
  • €1.508 per square meter for existing apartments, with an increase of 1.2%
  • €1.816 per square meter for newbuild apartments, with a decrease of -2.6%

 

Mortgage activity for residential purchases in Spain for January 2018:

  • The size of the mortgages issued was 130.182, -4.2% vs last year
  • Number of mortgage in January: 19.359 (+13%)

 

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

 

Do you want to learn more about the Spanish real estate market: click this picture and find all our work ready to help you!

 

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

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