News: Spanish property sales up by 13.9% in 2016, best figure since 2011

Back
Spanish property sales up by 13.9% in 2016, best figure since 2011

Sales of property in Spain continue to increase. According to data from the Official Association of Property, Mercantile and Personal Property Registrars, sales of homes in Spain grew 13.9% to 403,743 transactions, the best figure in the last five years.

While the number of second-hand property in Spain sold increased by 18.5%, new build property experienced a decrease of 3.2%.Home sales increased in all Spanish regions in 2016 with respect to 2015, with the Balearic Islands (+ 30%), Catalonia (21.1%) and Asturias (17%), leading the growth.

The increase in sales caused the price of housing to go up by 5.7% in 2016.

According to the report, 13.6% of the purchases made in the fourth quarter of last year were made by foreign buyers, who participated in 53,000 operations (+ 13.3%). By nationality, British purchasers (16.4%) top the list, followed by Germany (9.2%), France (8.5%), Sweden (6.4%) and Belgium (6.3%).

In quarter-on-quarter terms, mortgage debt per household declined by 1.9% to € 112,173, while the average amount in 2016 was € 111,656. This represents an increase of 2%.

If you too are looking to buy property on the Costa Blanca, let us show you what E-Style has available for sale.


3 Mar 2017


Featured Properties

Latest News

Expenses when buying a property.
27 Nov 2023

Expenses when buying a property.

Important expenses when purchasing a property are: notarial services property registration fee Let's talk about each of them. Notary fees, called fees, are regulated by the government and...

Read more +

Taxes when purchasing property on the Costa Blanca
25 Oct 2023

Taxes when purchasing property on the Costa Blanca

One of the main questions that worries a buyer before purchasing properties is: “What tax should I pay?" Accordingly, the budget for the purchase will be formed from this. Real estate properties...

Read more +

What clients say

© 2024 Estyle Spain ● legalPrivacyWeb MapSold properties

Send a request

SUBSCRIBE TO OUR NEWSLETTER

Responsable del tratamiento: Consulting and Investments E-Style, SL, Finalidad del tratamiento: Gestión y control de los servicios ofrecidos a través de la página Web de Servicios inmobiliarios, Envío de información a traves de newsletter y otros, Legitimación: Por consentimiento, Destinatarios: No se cederan los datos, salvo para elaborar contabilidad, Derechos de las personas interesadas: Acceder, rectificar y suprimir los datos, solicitar la portabilidad de los mismos, oponerse altratamiento y solicitar la limitación de éste, Procedencia de los datos: El Propio interesado, Información Adicional: Puede consultarse la información adicional y detallada sobre protección de datos Aquí.