Articles tagged as "Spanish mortgage"

Articles tagged as "Spanish mortgage" : 55 articles

Investment in Spanish property exceeding previous forecasts, says BBVA

The total amount invested in Spanish property in 2017 will likely be more than 8% higher than last year, and continue rising into 2018.

The total amount invested in Spanish property in 2017 will likely be more than 8% higher than last year, and continue rising into 2018.

Leading Spanish investment bank BBVA has increased its forecast for the country’s real estate market growth in 2017 after a better-than-expected summer in which property sales surpassed all expectations.

In the latest BBVA Research report, the bank has increased its investment forecast for Spanish property by 1.7%, with the experts confident that total investment in the sector in 2017 will be 8.2% higher than last year…

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Author: 16/11/2017 [0] Comments 

Mortgage approval rates hit seven-year high in Spain

Close to 30% more mortgages were granted in August this year compared to last, building upon already strong growth in the sector.

Close to 30% more mortgages were granted in August this year compared to last, building upon already strong growth in the sector.

The month of August saw 26,583 new mortgages approved in Spain – the highest monthly figure since 2010, and a massive 29.1% increase on the same month last year.

The incessant upward trajectory of the Spanish property market has been evident in a series of data across the board all year. From the number of sales transactions, to prices, to regional growth and a positive outlook, Spanish real estate is in rude health

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Author: 30/10/2017 [0] Comments 

Mortgage approvals rose 33% in Spain in summer

Mortgage activity throughout the summer has been very brisk in Spain.

Mortgage activity throughout the summer has been very brisk in Spain.

Data from Spain’s National Statistics Office (INE) published last week has shown that the number of mortgage approvals granted in the month of July was 32.9% higher than over the same month last year…

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Author: 02/10/2017 [0] Comments 

Spain’s property resales reach highest point for a decade in second quarter

In the second quarter, resale volumes for Spanish property reached heights last seen in 2007.

In the second quarter, resale volumes for Spanish property reached heights last seen in 2007.

Data published this week by Spain’s property registrars shows that the number of resale homes bought in the second quarter of this year was 99,343 – the highest quarterly figure recorded for ten years…

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Author: 01/09/2017 [0] Comments 

July delight as Spanish property prices rise a further 3.7%

From coast to coast and city to city, there was a near-universal trend of rising home values in Spain in July.

From coast to coast and city to city, there was a near-universal trend of rising home values in Spain in July.

The latest nationwide price index for Spanish property published by valuation firm Tinsa has revealed that average property values are 3.7% higher in July this year when compared to the same month a year ago…

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Author: 11/08/2017 [0] Comments 

Spanish home sales hit 9-year-high in May

Buyers in Spain are borrowing around €110,000 when taking out a mortgage.

According to the official figures, the 44,782 home sales registered in May this year is also a massive 22.9% increase on May last year.

Up, up, up they go – the Spanish property market’s remarkable recovery has continued into the summer, with the latest official data from national statistics institute (INE) showing that home sales in May reached a nine-year-high…

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Author: 19/07/2017 [0] Comments 

The forecast is in: Spanish property prices to rise 6% this year

Spanish property prices have been rising steadily for nearly two years, and 2017 looks set to accelerate that trend.

Spanish property prices have been rising steadily for nearly two years, and 2017 looks set to accelerate that trend.

The largest real estate services firm in the world, CBRE, has this week published a bold and rather encouraging prediction that Spanish property prices could rise by as much as 6% on average over the course of 2017.

Building on positive data from May – where the average property price increase was 5.3% higher than for the same month in 2016, the CBRE analysts expect that this positivity is set to continue; if not all year and for all parts of the country, then certainly in the places that generally see the highest demand for property…

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Author: 16/06/2017 [0] Comments 

Brits bought 15% of all Spanish property sold to foreigners in first quarter of the year

Among non-Spaniards, demand for Spanish property is increasingly coming from beyond Europe.

Among non-Spaniards, demand for Spanish property is increasingly coming from beyond Europe.

Data from Spain’s Land Registry has revealed that British buyers accounted for 2,150 home sale transactions in the first three months of 2017 in Spain.

This figure represents 15% of all properties bought by foreigners during the first quarter (Q1) of the year, placing Brits once again out in front as the largest nationality group active in Spain’s property market…

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Author: 29/05/2017 [0] Comments 

January Spanish mortgage approvals hit five-year high

Spanish banks' willingness to lend is an encouraging sign of a strong economy and property market.

Spanish banks’ willingness to lend is an encouraging sign of a strong economy and property market.

Recent data published last week by Spain’s National Statistics Institute (INE) has revealed that there were 27,240 new mortgages issued in the country in January – the most in a single month since January 2012.

This figure was also a 16.9% increase on January last year, and mirrors other data published so far this year that suggests 2017 will be an even stronger 12 months for Spanish property than 2016…

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Author: 05/04/2017 [0] Comments 

Spain unemployment rate to dip below 17% for first time in years, data forecasts

By the end of 2017, Spain will have provided jobs for 500,000 more people.

By the end of 2017, Spain will have provided jobs for 500,000 more people.

Having seen its rate of unemployment soar to a record 27% in 2013, Spain is now hopeful of ending 2017 with the jobless rate below 17% for the first time in years.

Although the myth still persists that Spain’s economy is in the doldrums, official government and European figures have shown that over the past 18 months it has been one of the continent’s best economic performers

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Author: 31/03/2017 [0] Comments 
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