All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Spain statistics

I like statistics and financial data, so I will be posting a variety of information that I hope will be equally useful to others, even though perhaps not as exciting...

Update to post-Brexit analysis relating to property purchases in Spain
14 February 2017 @ 20:41

Further to my previous post some more data has come out, which I present below.

The first relevant graph I used was regarding the total property transactions in 2016 upto November:

We now have the December numbers added, which show a dip, albeit shallow.

The year 2016 has closed with more than 400,000 registered sales (403,743), something that did not happen since mid-2011. Again, the above data is for the whole of Spain, so let's check what can we deduce for the Costa del Sol. has already published the full 2016 year results, so we now know that the 5 provinces with the largest property purchases are:

Madrid 58,752
Barcelona 46,415
Alicante 29,688
Málaga 26,436
Valencia 21,963

So we may conclude that Malaga/Costa del Sol is one of the most popular regions at the trimester and yearly level.

Unfortunately price data is not out yet, but an interesting datapoint is the percentage of foreign buyers: 13.5% of property purchases in 2016 were by foreigners. British buyers were lower compared to 2015, as expected, from 23.9% to 16.4%, however still ahead of German and French buyers at 9% and 8% respectively.

So in short, I personally do not see any strong signals of Brexit-related worry judging from the only actions that matter, those of the wallet. Nevertheless, one has to acknowledge the dip in the British-originated purchases in the last month of 2016. Still pending are the price data, which I will inform you on as soon as they are out.


Like 0


Only registered users can comment on this blog post. Please Sign In or Register now.


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x