Market Updates
The 12-month Euribor, which is usually the interest rate lenders use to calculate the mortgage interest rates in Spain, are now 3.345% as of 23rd January 2023, up from 2.842% on the 1st December 2022. Euribor stands for Euro Interbank offered…
Read more
The Mediterranean coast, and the capitals and large cities stand out as the groups that have appreciated the most in the last year, since the drop period that prices went through due to covid The residential market showed in November,…
Read more
A Spanish mortgage is a very good option to take when purchasing a property in Spain. With interest rates at record lows the lenders are still lending 70% LTV with the interest rate below 2% for a variable rate or…
Read moreHOUSE PURCHASES IN SPAIN REACH MAXIMUM LEVELS IN 10 YEARS Housing purchases in Spain increased 10.1% in 2018 yoy, for a total 515.051 operations, the largest amount of operations since 2008 according to the National Instute of Statistics (INE). The…
Read moreIn 2019 the Spanish real estate market behaviour is expected to be on pair with the activity registered in 2018. Investment volume will remain high, after having broken records in 2018 with more than 20.000 million euro invested, 56% more…
Read moreSpain is among the top 20 countries in the world in terms of real estate transparency, according to biennial survey Global Real Estate Transparency Index 2018 (GRETI) carried out by real estate consultant JLL. Spain climbs three places over the…
Read more
In the second quarter of 2018 160.287 houses were sold in Spain, according to the results from the statistical analysis of housing real estate transactions before a notary which are issued by the Ministry of Development. To find a quarter…
Read moreThe progressive recovery in the second home market in Spain has translated in an acceleration of prices in enclaves of Costa del Sol, the Balearic and Canary Islands. A positive trend change begins in locations where national demand is predominant,…
Read more
The house price in Spain will continue to rise throughout 2018 until reach increases of around 6%, and in cities such as Madrid, Valencia, Malaga or the Balearic Islands the increases could be up to 10%. This is one of…
Read moreSantander and Blackstone decided to inject a total of €300 million into Project Quasar Investment, the company co-created (49% / 51%) in March to receive 30 billion in assets transferred by Banco Popular. According to El Economista, the establishment of…
Read more