Property/House & Garden news & information for Spain

HOME sales and purchases leapt 16.8% in July compared with the same month in 2016, with a total of 38,841 properties shifting hands,

THE two most expensive areas in Spain to buy a property have been revealed in recently-published research – and, surprisingly, neither are in the top five wealthiest towns in the country.

HELP is finally at hand to get young adults onto the housing ladder – grants of up to €10,800 will be available to anyone up to the age of 35 inclusive to use as a deposit and fees.

RENTAL properties have been described as 'the new golden egg' with prices rising between 10% and 20% in major cities such as Valencia, Palma de Mallorca, Madrid, Barcelona and San Sebastián in the last year.

NEW mortgages signed for went up by nearly 17% in January this year – a healthy sign of the housing market beginning to recover.

A MORATORIUM on home repossessions for 'vulnerable' householders will continue until the year 2020, and new measures have been included in the Banking Code of Good Practice to protect the consumer.

A GLOBAL award known as 'the Nobel Prize for Architects' has gone to a trio in Catalunya, only the second time it has landed in Spain and the first time in history that three have been given out at once.

SPAIN'S tallest-ever wooden building is now under construction in Barcelona, and will have seven storeys and 28 flats when it is finished.

SPANISH-BASED homeowners with mortgages saved a significant amount of money in 2016 thanks to the Eurozone interest rate being negative for 11 consecutive months.

HOUSING market data so far for 2016 has been optimistic across the board from every source, pointing at a significant rise in sales and an increase – albeit tentative – in home values.

A SWIMMING pool can double the value of your property on the open market, according to calculations by estate agency analysts - a typical home in Spain with a pool can cost around €407,704, compared with €193,525...

NEW mortgages taken out to buy property in Spain have reached a record year-on-year high, rising by 10% since April and marking two years of growth – and at the same time, a new EU directive implemented means paying...