Property sales figures in Spain April 2018

The Spanish national statistics office has released the provisional property sales figures for April 2018.

The figures consist of property sales, inheritance, donation to children, property swaps, consolidation of separate title and repossessions.

The total amount of transactions during April 2018 was 161,444.

This represents an increase of 20.8% in comparison with April 2017.

The total figure can be broken down as follows;

  • Property sales: 84,479
  • Inheritance: 36,952
  • Donation: 3,784
  • Swaps: 466
  • Other (consolidation, repossessions etc.): 35,763

The majority of property sales related to urban property, just over 72,000, with rustic properties accounting for over 12,000 sales.

Plaza Nueva, Granada

The increase in comparison with April 2017 is significant at over 20%.  The market in coastal and traditional holiday areas continues to strengthen.

Buyers from northern Europe are extremely active in purchasing holiday homes or investment properties in many regions of Spain.

The regions with the most transactions at the registry were:

  • Andalucía: 28,448
  • Cataluña: 22,949
  • Comunidad Valenciana: 20,364
  • Madrid: 18,486
  • Castilla y León: 11,910
  • Castilla – La Mancha 9,563

If you are considering purchasing a property in Spain please visit our conveyancing page for full details of our service.

If you would like to discuss any property related matter, please don´t hesitate to contact us today.

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