AdBlock Detected

It looks like you're using an ad-blocker!

Our team work realy hard to produce quality content on this website and we noticed you have ad-blocking enabled.

Spain: House prices surged in the second Quarter of 2021

According to the latest IPV (Home Price Index) data released by the National Institute of Statistics this week for the second quarter of 2021, the price of both new and used property in Spain is constantly increasing.


 

Due to the low demand during the covid pandemic, this is to be expected; however, the statistics for the second quarter represents the greatest quarterly growth in the last two years, reflecting the increased activity in the property industry following the end of movement restrictions.

 The cheapest nicest hotels in Andalucia. View deals on Tripadvisor

Start saving your ideas  

 

The cost of ‘new’ housing has increased by 6%, while the cost of ‘used’ housing has increased by 2.9 percent, for a total increase of 3.3 percent.

 

In the Murciaregion, the cost of new homes has climbed by 6.8% in the last year, while the cost of used homes has increased by 4%, for a total increase of 4.4 percent.

 

This is primarily related to supply and demand, with fewer new properties available at the moment, especially in residential cities, as a result of the pandemic’s development halt.

 

Following the epidemic, there has also been a significant shift in the types of residences sought, with detached or semi-detached properties with gardens in out-of-town locations becoming more desirable. Because this type of property is not as common as the deserted inner-city flats, demand is driving up prices.

 

In the second quarter, the yearly rate of the IPV climbed in all 17 of Spain’s autonomous regions. The Canary Islands (6.4 percent), the Balearic Islands (5.7 percent), Cantabria (5.3 percent), and Murcia had the highest average rises (4.4 percent ). The regions with the lowest annual rate increases are La Rioja (2.3%), Castilla-La Mancha (2.4%), and Aragón (2.4%). (2.5 percent ).

 

Enjoyed this post? Never miss out on future posts by following us.    

 

 

 

Tiqets — tickets for museums, shows and attractions all over the world

 

Musement — Tickets, Tours, and Activities

 

QEEQ is one of the fastest-growing online car rental platforms worldwide, listing over 7 million rental cars in around 200 countries

 

Loveholidays is the fastest growing online travel agency in the UK

 

 

VisitorsCoverage provides travel insurance for millions of global travelers in over 175 countries

 

Hostelworld the global hostel-focused online booking platform

 

Vrbo is the world’s leading marketplace for vacation rentals, with over 2 million paid listings of vacation rental homes in 190 countries

 

i’way Online booking system for airport transfers. Since 2009, over 9 million passengers have used the service

 

FlixBus offers safe and comfortable long-distance travel in Europe

blue wooden fence on green grass field near body of water during daytime
Spain Deals Galicia HOTELS Tenerife

Unmissable Galicia Holidays in Spain: Top Activities and Best Hotel Deals

Galicia, located in the northwest corner of Spain, offers an enchanting blend of natural beauty, rich history, and vibrant culture, making it a perfect holiday destination. Whether you’re seeking picturesque coastal scenery, lush green landscapes, or charming medieval towns, Galicia has something for every traveler. One of Galicia’s most famous attractions is the Camino de […]

Read More
Things To Do EU Europe Holiday Marbella NEWS Spain

Discover the Ultimate Luxury Holiday in Marbella: Sun, Culture, and Adventure Await!

Marbella, nestled along the sun-kissed shores of the Mediterranean Sea, beckons travelers from around the globe with its irresistible blend of luxury, culture, and natural beauty. Renowned as one of Spain’s most glamorous holiday destinations, Marbella promises an unforgettable experience infused with opulence and charm. For those seeking a resplendent escape, Marbella‘s exquisite beaches are […]

Read More
man in black jacket riding bicycle on road during daytime
Holiday Asturias Barcelona NEWS Spain

Discover Asturias: A Guide to Natural Beauty, Cultural Heritage, and Gastronomic Delights

Holidaying in Asturias offers an enchanting blend of natural beauty, cultural richness, and culinary delights. Nestled in the verdant landscapes of northern Spain, Asturias beckons travelers with its rugged coastlines, lush forests, and picturesque villages. Here, every corner unveils a new adventure, whether you’re exploring ancient ruins, indulging in delectable seafood, or hiking through breathtaking […]

Read More