News

Madrid Enjoys Strongest Office Activity in a Decade

30 August 2018
According to Knight Frank, Madrid's occupational market has seen a particularly buoyant period, with the first nine months of 2017 registering the strongest office occupier activity in a decade, reaching 359,000 square meters.
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Property sales in the Balearic Islands fall significantly for two months in a row

20 August 2018
Sales in the Balearics in Spain have fallen significantly, down in May and June, but experts believe it could be a lack of homes for sale rather than a sudden drop in demand. Data from the Land Registry shows that sales were down 27% in May and fell again by 18% in June. This was in contrast to other Spanish property markets popular with overseas buyers. Mark Stucklin of Spanish Property Insight pointed out that the housing market in the Balearics has been growing strongly since bottoming out in 2013 and has been one of the strongest markets in recent years both in terms of sales and house price growth.
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Costa Blanca in 2018 - What to buy and where to buy

07 August 2018
There is definitely more optimism around in the Spanish property market at the end of 2017 and heading into 2018. And that’s also true in the Costa Blanca region. However, it may be too soon to to be totally confident that everything is going in the right direction. Perhaps there is still a possibility that economic and political issues could make the market change course. One that springs to mind is the situation in Cataluña . If the economy slows there it may spill over and negatively affect national growth. Nevertheless, the statistics are looking good. According to Q3 2017 figures property prices rose an average 2.3% in the period, the 9th consecutive positive quarter. Over the first three quarters average prices rose 5.6% when compared with the same period in 2016.
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Spain Enjoying Record Tourism, Foreign Buyer Activity in 2018

03 August 2018
It's turning out that 2018 is becoming a very good year for Spain's property market, as JLL is now forecasting this year will be the eighth consecutive year of foreign buyer property growth.
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Why Buy Costa Blanca Property?

27 July 2018
Spain's Costa Blanca offers many advantages, from the pleasant sunny climate and the associated health benefits to the outstanding natural beauty of many areas, to the lower cost of living and the far more relaxed lifestyle versus most EU countries, to the lower cost of property relative to the UK, and as a result the possibility of future income for those investing in Costa Blanca property, whether to sell it later, or the ideal prospect of using property on the Costa Blanca as a holiday home, while renting out to the Costa Blanca's ever growing tourist market when the property is not in use by the owners
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Property sales and prices in Spain forecast to continue growth in 2018

24 July 2018
Property sales and prices in Spain are forecast to rise in 2018 as long as there are no sudden economic surprises or changes to the mortgage market. Anticipa, one of Spain’s biggest real estate providers, expects sales to rise 9.3% next year to 526,000 units, up from 481,000 this year and 21% more than in 2016. It is also forecasting that prices will have risen by 6.9% by the end of 2017 and looking ahead to 2018 are set to rise by slightly less at 6.1%. Even with this rise they will still be 27% below the peak of the market in 2007. Prices for resales and new builds are expected to continue to increase by 5.8% over the fourth quarter of this year, the firm says in its latest real estate market report, but this was compiled before Catalonia declared independence and the national Government took over the running of the region.
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The advantages of buying a Spanish property in 2018

23 July 2018
Buying property, whether in the UK or abroad, is rarely straightforward, so it's important to find out which countries and regions will suit you best and to look into property prices so that you can be as certain as possible that you're making a good investment.
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Spain strengthens tenants' rights in rental market

16 July 2018
Home-building, buoyed by foreign investment, is thriving in Spain 10 years after a property bubble burst, and the new Socialist government is now looking to rein in some areas of the market.
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Spain's property market just recovered to pre-crisis levels

06 July 2018
Spain's real-estate market, hit hard when a bubble burst in 2008, has recovered transaction levels last seen before the economic crisis even if property prices still remain lower, official figures showed Monday. Boosted by strong economic growth, close to 465,000 property sales or purchases were recorded in 2017, "the highest annual figure since 2008," a report by Spain's national property register showed.
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How to get the best out of building surveys and valuations in Spain

04 July 2018
Extracts and Additions from a presentation at a Real Estate Seminar for Estate Agents, Organised in Marbella by My Lawyer in Spain and Survey Spain Network of Chartered Surveyors.
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