Posted by mmmadmin on Feb 25, 2017 in News
On a year-on-year basis, the price increased by 7.9% The average rental price in January is € 7.61 / m2 per month The price rises in 10 autonomous communities at monthly level and 15 at the interannual level Barcelona is the most expensive municipality to rent a house in January All districts of Madrid and Barcelona rise year-on-year The average price of housing for rent in Spain increased by 1.7% in January and stands at € 7.61 / m2 per month, according to the latest data from the real estate portal fotocasa . This monthly increase in the price of rental housing is the most marked in the history of the Real Estate Index since December 2007, when the price rose 1.8% over the previous month. In addition, the rental price increases was 7.9% year on year compared to January 2016 and is the most marked increase has registered the historical the Real Estate Index since he began his analysis 10 years ago. In January 2017 the rental price is increased in 10 autonomous communities at monthly level and 15 at the inter-annual level. “The rental market is experiencing strong price tensions as a result of the greater pressure of demand, since despite the reopening of the credit line by banks many Spaniards can not access it and that Are forced to take refuge in the rent as the only way to access a home.This pressure becomes much more evident in large cities such as Madrid and Barcelona where tourist floors and high rent yields explain that in many districts prices are rising at a rate of more than 15%. . Since reaching the maximum price in May 2007 (€ 10.12 / m2 per month) the price of housing has accumulated a fall of -24.8%. In this sense, four autonomous communities fall more than -30% since reaching the maximum price five years ago. Thus, Aragón is the community that has seen the lowest rent (-38.6%), followed by Castilla-La Mancha (-35%), Cantabria (-33.7%) and La Rioja (-31, 3%). Read more...
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Posted by mmmadmin on Feb 25, 2017 in News
A flat with 3 rooms, more than 10 years old and located in a residential and commercial area is the prototype of the most sold house Increases to 21% Spaniards who buy housing as an investment compared to those who do so to reside in it Buyers who purchase a flat or cash house are reduced to 23% as a result of improved financing 51% of new buyers found home in less than 6 months and 70% in less than a year The revival that has lived the real estate market as a result of price stabilization and improved funding has encouraged more Spaniards to buy a home in 2016. 21% of the Spanish who last year was looking house in fotocasa managed Buy it, compared to 79% that did not, according to data from the study ” Profile of the buyer of housing in 2016 “, made by the real estate portal. This percentage is higher than the 16% they bought in 2014, the year in which the last edition of this report was made. The return of credit is one of the reasons for this increase. In fact, the data reveals a rebound of people who buy housing through mortgage (66%) to the detriment of those who do cash (23%). In 2014 32% of the Spaniards acquired a property without any kind of financing. Read...
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Posted by mmmadmin on Feb 11, 2017 in News
The New Year is a strange time for a property portal. The Santa Effect leaves very little for realtors to talk about in December. Then almost on the stroke of midnight of January 1st, we are jolted by a traffic surge as buyers emerge from the festivities to resume their property hunt. January is the third busiest month of Kyero’s year (the peaks are in July/August when buyers visit Spain) and we treat our performance now with great seriousness. It’s a signal of what’s to come. Buyer enquiries up 36% Kyero grew strongly in 2016, delivering over 640,000 leads for our agents, and the good news is this has continued. Total leads grew 36% year-on-year to 61,680 in January 2017, and traffic also hit an all time record at 1.1 million visits. Primary demand from foreign buyers (as ever) is still overwhelmingly for coastal villas and apartments, with 2/3rds of enquiries in the €50k – €250k price range. Brits remain the single largest nationality, making up 29% of Kyero’s total traffic but percentage growth from other nationalities is notably stronger. (If January is a signal, Belgian buyers seem to be getting particularly excited about Spain.) Read...
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