Spanish property sales up 19% in June

Posted on SEP 6th 2017 BY Marc Da Silva
Spanish property sales up 19% in June

There has been a sharp increase in the number of home sales in Spain, according to the latest figures from the National Institute of Statistics (INE).

Excluding subsidised housing, there were 39,625 residential property sales inscribed in the Land Register in June, up 19% on the corresponding month last year, having increased an annualised 25% in May.

Mark Stucklin, a Barcelona-based Spanish property market analyst, points out that monthly home sales have now risen on an annualised basis almost every month since March 2014, when the Spanish housing market began to recover after six years in recession. Sales have only dipped in two months since then, including an 8% fall in April this year - a decline that was due to seasonality.

“The INE’s figures are based on sales inscribed in the Land Register, not actual sales that took place in the month. As such they lag the market by about two or three months,” Stucklin explained.

According to the latest Spanish housing market data, new and resale home transactions both increased by 20% in June, the first time new home sales have risen by 20% since August 2010, which according to Stucklin was due to banks repossessing new homes from developers, not real sales.

“I expect new home sales to maintain a growth trend for the next few years, as off-plan sales lead to completions that show up in the official figures,” said Stucklin.

In terms of selected regions that foreigners tend to buy property in Spain, Catalonia is witnessing the best of the growth in sales this year, with residential transactions up 26% year-to-date in Tarragona province, home to the Costa Dorada, and Girona (Costa Brava) not far behind on +24%, followed by Barcelona up 22%.

The figures also reveal that home sales are also up in Asturias (25% ) and Cantabria (21%), the Balearics (20%), and Alicante (18%).

Commenting on the local market, Stucklin said: “Brexit has done little harm to the local housing market despite being the most popular destination for British buyers.”

The Spanish property expert continued: “Malaga province, home to the Costa del Sol, was a star performer in the year before Brexit.

“Looking at annualised sales for June, Valencia City increased the most with sales up 43%. Other hot markets in June included Murcia [+27%], the Balearics [+23%], and the Canaries [+22%].

“Castellón province, home to the Costa del Azahar, is still shrinking both on a monthly and year-to-date basis compared to the previous year, which goes to show that some areas have still not put the crisis behind them.” 

Category: News

POSTED BY  Marc Da Silva

< back to articles


Would you like to save the search?
Please choose Yes if you would like to receive email alerts when properties matching your search criteria become available on our website.
Stonebridge Park, London, NW10
£737 Per Calendar Month
1 bedroom, 1 bathroom
A recently refurbished and spacious one double bedroom flat with impresive views over North West London and benefiting from wooden style floors and well presented accomodation. The property comprises Large 17ft reception room, smart kitchen/breakfast room and bathroom. Stonebridge Park is located within close proximity of Harlesden (Bakerloo Line) station and local shops and transport facilities.
Valliere Road, College Park, NW10
£1,350 Per Calendar Month
2 bedrooms, 1 bathroom
An attractive own entrance, two double bedroom apartment, set on the first floor of this older style mid-terraced house. Comprising of reception room into bay, contemporary style fitted kitchen, modern bright bathroom to rear and guest w.c, benefiting from gas central heating.Valliere Road is a quiet residential road located in the sought after College Park which is under the reduced Congestion Charge, only a stones throw of a variety of local shops bars/restaurants, both Kensal Green & Willesden Junction over and under ground stations are close at hand and numerous alternative transport facilities. Available 13th March 2012
Chamberlayne Road, London, NW10
£2,500 Per Calendar Month
0 bedroom, 0 bathroom
Situated in the main, Shopping Parade of Chamberlayne Road, close to the junction with Kempe Road. The premisses consist of a three double bedroom maisonette with a large kitchen/dinner and bathroom and a shop over two floors with over 570 Sq ft. The comercial premises currently hold A2 Planning Use and will be let subject to a £40,000 premium.
Birchington Road, London, NW6
3 bedrooms, 1 bathroom
Amazing views… opportunity to acquire a three bedroom apartment on the second floor of an impressive period style mid-terraced house, which has great potential to improve with timber style flooring, high ceilings, and located only a short stroll of an abundance of amenities.The property offers a compact accommodation of over 722 sq ft, comprising of a well-proportioned reception into bay sash windows, fitted kitchen and family bathroom combined W.C.Conveniently situated within walking distance of West Hampstead (Jubilee Line) Under/over ground train station, a variety of bus routes, and the numerous shopping, bars/cafes and restaurants of both West End Lane & Kilburn High Road.
Shirland Road, Maida Vale, W9
1 bedroom, 1 bathroom
Share of freehold… well presented one bedroom apartment situated on the top floor of a charming period building. The property offers over 370 sq ft of living/entertaining space, comprising of a sizable reception room, dining area, modern fitted open-plan kitchen, modern three piece bathroom and large bedroom with built-in wardrobes, in the heart of Maida Vale. Located on a wide tree lined avenue, within easy reach of a variety of shops, bars and restaurants of the local area, and in close proximity of Maida Vale, (Bakerloo Line) tube, while the green open spaces and sports facilities of Paddington Recreation Ground are close at hand.
Buchanan Gardens, Kensal Rise, NW10
2 bedrooms, 1 bathroom
Attractive broad tree lined road... larger than usual with a lot of potential, presently arranged as a two double bedroom apartment with a new lease, on the first floor of this two stories mid-terraced period style house, only minutes from local transport facilities.The property offers 758sq" of living accommodation over the entire floor, south facing with high ceilings in the reception room into bay window, sizeable fitted eat in kitchen and modern fitted bathroom combined W.C.Buchanan Gardens is a sought after residential, broad, leafy lined Road, walking distance of both Kensal Rise & Green over/underground train stations, a variety of local shops on the trendy, buzzing Chamberlayne Road, and alternative transport links.


by H. Bunce (Vendor) 06/02/2018
I felt I had to write a review
by Y. Dieler (Landlord) 23/11/2017
Awkward sale
by S. Preiler (Vendor) 17/11/2017


* Required
Cookie Policy

The cookie settings on this website are set to allow all cookies to give you the very best experience. If you continue past this page without changing these settings, you consent to this. You can change your cookies settings at any time in your browser.

More Information     OK