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The Spanish property market is very strong in 2018: Growth rates higher than 30% in touristic regions

19 Mar
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

+23.1% Spanish properties sold in January vs one year ago

The INE, the “Instituto Nacional de Estadisticas”, has just released the numbers of property transactions for the month of December.

Here is our quick snapshot of the main information:

  • +23.1% transactions growth to 47.289 (vs 2016)
  • +46.8% growth vs December 2017 (it was +30.2% one year ago)

 

Spanish regions with the highest property transactions growth

  • Asturias: +55.7%, with 939 transactions
  • Valencian community: +40.5% with 7.409 transactions
  • Cantabria: +37.4%, with 672 transactions
  • Murcia: +38.8%, with 1.514 transactions
  • Andalusia: +31.1%, with 8.988 transactions

 

Spanish regions with the lowest property  transactions growth

  • Extremadura, +1.3%, with 631 transactions
  • Aragon, with 1.139 transactions
  • La rioja, with 344 transactions

 

Top 4 Spanish regions

  • Andalusia: 8.988 transactions and 31.1% growth
  • Valencian Community: 7.409 and 40.5% growth
  • Catalunia: 7.334 and 8.2% growth
  • Madrid Community: 6.526 and 14.2% growth

 

Remember our infographic on the most active regions for foreigners:

Where are foreigners buying in spain? Infograhic

 

Read our interesting article of December 2017 on the same subject: What are the top 10 cities in Spain where foreigners are buying real estate?

 

Read the official press release from the “Instituto Nacional de Estadistica” in Spanish here

 

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Stéphane

Senior Analyst and Strategist at HTBIS

Check the full team of HTBIS here

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