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Strong property sales in Spain in 2018

02 Apr

Automatic translation from Google translate:


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


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