Zaragoza Archives - How to buy in Spain

2017 Review: Find out the most loved Spanish Cities

STEPHANE — Sat, 16 Dec 2017 06:30:41 +0000

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We did this ranking according to the number of times our readers read those during 2017 (year of publication).

Find out the most loved Spanish Cities of our readers in 2017

None of your favourite city is here?

Check our main summary paper, you can find it back easily here:

We published another very interesting article on the same subject: Which are the top 10 Spanish cities where foreigners are buying properties NOW?

Before picking your city, don’t forget to check our monthly weather statistics on the top 20 Spanish Cities:

Monthly Weather Statistics on top Spanish Cities

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post 2017 Review: Find out the most loved Spanish Cities appeared first on How to buy in Spain.

Everything you ever wanted to know about the top 20 Spanish Cities real estate markets

STEPHANE — Mon, 16 Oct 2017 05:02:31 +0000

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FYI, all our charts are always up to date, but for the up to date comments, check our most recent quarterly update “Quarterly update on the Spanish real estate market“.

Everything you ever wanted to know about the top 20 Spanish Cities real estate markets

Here is a summary of all our resources that we have created in 2017 on the 20 biggest Spanish cities in order to help you be more efficient in your search for your ideal property in Spain. We ended this week our series of 21 papers on all the main Spanish cities with our paper on Castellón. Since March 2017, we wrote 21 specific papers we are very proud of this work!

Have a look at the real estate price evolution for all the 18 Spanish regions since 2005 (€/m²):

As you can see on this chart, Spanish real estate prices (thick orange line) got its lowest price point in early 2014 since the crisis of 2008. Since early 2014, real estate prices are rebounding and reached on average 1530€/m² as of June 2017. If you look at prices in general, yes we can talk again about growth but if you compare those to the levels of 2008 or to European real estate prices, you can still find bargains. Furthermore, you surely noticed that most of the prices are lower than the prices of early 2005, as it is the case for Spain when prices were at 1680€ per square meter.

The market in Spain is divided into two groups since 2014: the regions where prices are increasing again: mainly, Barcelona, Madrid and the Balearic Islands and all the other regions where the prices have stabilized or are increasing modestly.

The five regions with prices above the national average are the Basque Country (2397€/m² as of June 2017), the Community of Madrid (2264€/m² as of June 2017), the Balearic Islands (2208€/m² as of June 2017), Catalonia (1834€/m² as of June 2017) and Ceuta and Melilla (1668€/m² as of June 2017).

It is really easy to buy a property in Spain but, because you are not on the ground, because you don’t know the market and because you need to check your property in order to avoid any nasty surprise, we advise you not to do it alone. We are foreigners and Spanish residents who bought properties in Spain and we developed a network of reliable partners in order to assist foreigners in their purchases of a Spanish property.

Don’t forget, if you are buying in Spain as a foreigner, you could have two different motives:

Pleasure
Investment

or the two combined. Depending on what is (are) your own motivation (s) your criteria will be different.

90% of foreigners are looking for beaches, sea and sun…

Rember our infographic on why people are buying a property in Spain:

So it’s not a surprise to have as the top 4 buying destinations Cities in Spain for foreigners: Alicante, Malaga, Barcelona and Madrid (the exception, but yes it’s the capital and the 3rd biggest city in Europe).

The top Regions where foreigners are buying real estate are the Valencian Community, Andalucia, Catalonia and the Canary and the Balearic Islands. Madrid is the last Region. Have a look at our infographic with the data of 2016. Foreigners bought 77500 properties, i.e. 17% of all the transactions that took place in Spain during the last year.

After those quick reminders on the Spanish market, let’s finally get to the core of our paper: find all resources sorted per city with the evolution of the price per square meter of all the different cities for the last 20 years!

All you ever wanted to know about the 20 biggest Spanish cities from Alicante… to Zaragoza:

Alicante, Almeria, Barcelona, Bilbao, Cadiz, Castellon, Girona, Ibiza, Las Palmas de Gran Canaria, Madrid, Málaga, Palma de Mallorca, Murcia, Santa Cruz Tenerife, Sevilla, Sitges, Valencia, Valladolid, Zaragoza

Alicante

Our article on Alicante: Alicante: the Spanish pearl
Check the monthly weather statistics for Alicante
Check our Citytrip ePostcards on Alicante
We have the experts: Lawyers, Property hunters, Architects, Banks from our network of local partners to assist you in your language
Follow this link to ask for one of our local experts

Check the real estate price evolution for Alicante since 1995

Prices in Alicante remain on average 20% lower than the national average and close the lowest reached since the crisis of 2008.

Almeria

Check the real estate price evolution for Almeria since 1995

Prices in Almeria remain on average 25% lower than the national average and close the lowest reached since the crisis of 2008.

Barcelona

Our article on Barcelona: Barcelona real estate market is rising in 2017
Check the monthly weather statistics for Barcelona
Check our Citytrip ePostcards on Barcelona
We have the experts: Lawyers, Property hunters, Architects, Banks from our network of local partners to assist you in your language
Follow this link to ask for one of our local experts

Check the real estate price evolution for Barcelona since 1995

Prices in Barcelona are on average 40% higher than the national average and rebounded about 15% from the lowest levels reached since the crisis of 2008. If you take into account the number of transactions, Madrid and Barcelona are the two strongest markets.

Bilbao

1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check

Cadiz

Check the real estate price evolution for Cadiz since 1995

Prices in Cadiz remain on average 15% lower than the national average and close the lowest reached since the crisis of 2008.

Castellon

Check the real estate price evolution for Castellon since 1995

Prices in Castellon remain on average 30% lower than the national average and close the lowest reached since the crisis of 2008.

Girona

Check the real estate price evolution for Girona since 1995

Prices in Girona followed the national prices as if Girona was the national market really funny! Check these two charts!

Ibiza

Check the real estate price evolution for the Balearic Islands since 1995

Prices in the Balears recovered strongly from the lows since 2008 (+15%) and are on average 40% higher than the national average.

Las Palmas de Gran Canaria

Our article on Las Palmas de Gran Canaria: Gran Canaria, the tropical gem of Spain
Check the monthly weather statistics for Las Palmas de Gran Canaria
We have the experts: Lawyers, Property hunters, Architects, Banks from our network of local partners to assist you in your language
Follow this link to ask for one of our local experts

Check the real estate price evolution for the Gran Canaria since 1995

Prices in Gran Canaria remain on average 10% lower than the national average and rebounded by 10% of the lowest levels seen since 2008.

Madrid

Check the real estate price evolution for Madrid since 1995

Prices in Madrid are leading the charge and are 45% higher than the national average. They rebounded by about 13% from the lowest levels seen since 2008. If you take into account the number of transactions, Madrid and Barcelona are the two strongest markets.

Málaga

Check the real estate price evolution for Málaga since 1995

Prices in Málaga are about 8% higher than the national average and rebounded by a little bit more than 10% from the lows seen since 2008.

Palma de Mallorca

Our article on Palma de Mallorca: Mallorca, a paradise in the middle of the Mediterranean
Check the monthly weather statistics for Mallorca
We have the experts: Lawyers, Property hunters, Architects, Banks from our network of local partners to assist you in your language
Follow this link to ask for one of our local experts
Check the real estate price evolution for the Balearic Islands since 1995

Real Estate prices in Mallorca are 40% higher than the national average and rebounded by 15% since 2008.

Murcia

Check the real estate price evolution for Murcia since 1995

Property prices in Murcia are about 35% under the national average. They remain at the lowest levels seen since 2008.

Santa Cruz Tenerife

Check the real estate price evolution for Tenerife since 1995

Prices in Tenerife rebounded by more than 10% since the bottom of the period between now and 2018 but remain on average, 15% lower than the national average. The weather is more stable during the winter months but yes, your flight is a little bit longer.

Sevilla

Check the real estate price evolution for Sevilla since 1995

Real estate prices in Sevilla are 20% lower than the national average and close to the lowest prices seen since 2008.

Sitges

Check the real estate price evolution for Barcelona since 1995

This chart is reproducing the prices of Barcelona, a few kilometres north from Sitges. Prices in Sitges are strong as Sitges is seen as “the” seaside city in Catalonia.

Valencia

Have a look at our feedback from our real estate city trip to Valencia, April 2018.
Our article on Valencia: Valencia, the third biggest city in Spain, is a centre of interest for foreigners
Check the monthly weather statistics for Valencia
We have the experts: Lawyers, Property hunters, Architects, Banks from our network of local partners to assist you in your language
Follow this link to ask for one of our local experts

Check the real estate price evolution for Valencia since 1995

Real estate prices in Valencia are about 25% under the national averages. At the same time, it is the third city in Spain in terms of inhabitant! A bargain to check quickly?

Valladolid

Check the real estate price evolution for Valladolid since 1995

Prices in Valladolid are more than 20% under national averages and at bottom of prices reached during the last 10 years.

Zaragoza

Check the real estate price evolution for Zaragoza since 1995

Zaragoza real estate prices are about 20% lower than national averages.

Find all our detailed articles and maps on the Spanish Costas:

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Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

Source: Ministerio de Fomento

The post Everything you ever wanted to know about the top 20 Spanish Cities real estate markets appeared first on How to buy in Spain.

Zaragoza Real estate market in 2017

STEPHANE — Mon, 15 May 2017 05:19:42 +0000

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Zaragoza, the gates of the Pyrenees

Zaragoza, halfway between Madrid and Barcelona, is the fifth most populous city in Spain. Its good communication with Barcelona and Madrid and its proximity to the Pyrenees makes this city an interesting option for those who are looking for a city not very big, well-connected, and at the gates of the mountains.

Why Zaragoza?

Zaragoza is quiet, with the two main airports of Spain at about 300 kilometres, but very well connected thanks to the AVE: two hours by train to both Madrid and Barcelona.

Its temperate continental climate makes it possible to enjoy some warm summers and not very cold winters when compared with other places in Europe.

How is the real estate market?

As in much of the Spanish state, the real estate market of the capital of Aragon is experiencing a slow recovery. The purchase and sale of housing increased by around 15% during 2016. The price per square meter was at the beginning of this year close to € 1.200 being the cheapest city of the five largest cities in Spain, and still very far from the historic high that was made in 2007, when the price per square meter was more than € 2,500. The predictions for this year are positive and prices are expected to continue to grow throughout 2017.

This chart is a comparison of Zaragoza vs the National average.

As for the community of Aragon, the purchase and sale of flats among foreigners increased by 40% in 2016.

Where to live in Zaragoza?

The Old Town is the centre of the city. In this area are most of the shops, as well as most schools and hospitals. It is also the cultural centre of Zaragoza since most of the museums and sites of cultural interest are in this neighbourhood.

The area of Actur, not far from the centre, offers more tranquillity than the centre itself. This area also has basic services, and thanks to its proximity to the centre make it a good place to live if you do not want to be away from the hubbub of the centre. In addition, some faculties of the University of Zaragoza are in this zone, reason why its environment is quite youthful.

Casablanca is also a relaxed neighbourhood and ideal for families to live there. Also, it is located next to the centre, so if you need something that is only in the Old Town this is not far from the neighbourhood.

How to get around Zaragoza?

Trams and buses are the best options to get around the city, although this is also easy to walk or bike. The high-speed train, AVE in Spanish, connects with the two main cities of Spain, Madrid and Barcelona, making it possible to reach them in less than two hours. It also connects with Huesca, the gateway to the Pyrenees. Read our recent article on the 25 Years of the high-speed train in Spain for more on that.

Zaragoza also has an airport, although its volume of flights can not be compared with the airports of Barajas (Madrid) and El Prat (Barcelona). The network of roads and highways connects the city with other points of Aragon and Spain.

If you want to invest in the Spanish real estate market in Spain, don’t hesitate to read our special report with the 10+ reasons why you should have a look at the Spanish property market.

Do you want to check the yearly weather statistics in Zaragoza before buying? Check our infographics of the yearly weather statistics of any Spanish city and on Zaragoza.

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Looking for an expert in Spain? Ask us directly!

Raimon

Senior Journalist and writer at HTBIS

Check the full HTBIS team here

The post Zaragoza Real estate market in 2017 appeared first on How to buy in Spain.

Where are foreigners buying Real Estate in Spain?

STEPHANE — Fri, 27 Jan 2017 07:45:47 +0000

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After your reading, don’t forget to read our most updated article of December 2017 on the same topic: The top 10 Spanish cities where foreigners love to buy properties!

Check our full Quarterly Report updated as of December 2017 on the foreign Real Estate activity in Spain.

Full analysis for Spain, for the Costas & Islands and for the different cities

Spain Analysis

During the last year up to September 2016, Foreigners bought 17,4% of all properties sold in Spain according to the “Ministerio de Fomento”.

This is half a percent more than one year ago. Foreigners bought 77 451 properties vs 67436 last year: i.e. a 14,9% Increase. At the same time, the number of transactions in Spain increased from 398 631 to 443 997 last year: i.e. an 11,4% increase.

Real estate analysis for the Costas & Islands: Foreigners buy Sun and beaches!

In our infographic studying second home buying in Europe, one of the top attributes for the ideal property is being near to the sea!

It’s the third attribute after being close to an airport and having a “Scenic Location“. Other attributes are getting a good value, have a good resale potential, have the possibility for renting, have the ideal number of bedrooms, have a minimum size of 100 square meters and of course a hot climate. Check our full infographic below.

So you won’t be surprised by the following statistic: 85% of properties bought are in regions close to the sea: either on a “Costa” or on the Balearic or Canary Islands! If you subtract the sales for Madrid, which enjoy its own international reputation, you get the even more impressive number of 92%!

For sure, Foreigners come for the sunny beaches of Spain. Please check our Infographic for the many reasons why people want to buy a house in Spain.

The “Costa Blanca” is the first “Costa” with 23,4% of transactions, the “Costa del Sol” is the second with 14,2% of transactions and the “Costa Dorada” is the last one with 10,7% of the transactions. All those three regions continue to benefit from strong interests of foreigners. Interesting to note, the “Costa Calida” has a Year on Year growth of twice the average of growth of properties bought by Spain with 30%!

Remember, if you want to buy a property in Spain, you need a NIE, check our paper on that: Your ultimate guide to your Spanish NIE number.

Table 1 Activity by Costas & Islands analysis: Last year up to September 2016.

Real estate analysis for the Spanish Autonomous Regions

No surprise to see that the “Comunitat Valenciana” is the biggest Autonomous Region in term of transactions with close to 30% of the transactions. Andalucia and Catalonia are second and third with 20% and 15%. Check our infographic on this:

Table 2 Autonomous Regions analysis: Last year up to September 2016.

Real Estate analysis for the Spanish Cities

The first city region to be blowing is Alicante with 23% of the transactions done last year! That means that more than 18 thousand properties were bought there.

Malaga is the Second one with 14% of the properties sold and Barcelona is third with 8%. The Growth is impressive and above 10% for all the top 8 Cities. The two strong growth areas in the top 10, in terms of transactions, are Santa Cruz de Tenerife with a 26% growth. The region of Murcia grew by 30%. In the less traded markets, the region of Cantabria, Huesca and Jaen all noticed growth higher than 45% versus the same period of last year.

Table 3 Cities analysis: Last year up to September 2016.

Read our update of December 2017 on the same topic: The top 10 Spanish cities where foreigners love to buy properties!

Check our full Quarterly Report on the foreign Real Estate activity in Spain.

Source: Ministerio de Fomento. Data updated up to September 2016.

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Where are foreigners buying Real Estate in Spain? appeared first on How to buy in Spain.