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TINSA property valuation report released 17.7.18: Prices on the Mediterranean coast have risen by 7.4% over the last year.

The leading Spanish valuation company Tinsa has published their latest report on Tuesday 17 July 2018, relating to residential property values. The average price of housing in Spain increased by 6.4% year-on-year in the month of June 2018, driven by the "capitals and large cities" and by the "Mediterranean coast", which show an increase of 10.2% and 7.4% respectively.

While the latest average price is still calculated to be 35.7% lower than the peak reached during the boom in 2007, it now 12% higher than when the market bottomed out in February 2015.

After the first 6 months of 2018, Tinsa describe the increase in property values as "dynamic”.

Here is a link to the Tinsa report.  You can download the report by clicking on "descargar informe" or scroll down the page on the link below, to see the figures for the Mediterranean coast under the section "Variación interanual en los últimos 12 meses" (interannual variation for the last 12 months):

https://www.tinsa.es/servicio-de-estudios/imie/general/junio-2018/

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Tinsa IMIE junio 2018: + 6,4%. 17 julio, 2018

Las capitales y grandes ciudades toman impulso y se encarecen más de un 10% en tasa interanual en junio 2018.

El precio medio de la vivienda terminada en España se incrementó un 6,4% interanual en el mes de junio, impulsado por las "Capitales y grandes ciudades” y por la "Costa mediterránea”, que se revalorizaron un 10,2% y un 7,4%, respectivamente.  

Descargar informe:

https://www.tinsa.es/servicio-de-estudios/imie/general/junio-2018/

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The leading Spanish property valuation company Tinsa has reported a 6.7 % rise in prices in Mediterranean coastal properties in the last year (December 2018).

The leading Spanish property valuation company Tinsa has published their most recent data concerning property prices, reporting that the on-going recovery of prices across the country continues in all areas and categories.

The year on year increase reported in December 2018 was shown as 6.5 per cent across the country and 6.7 per cent in Mediterranean coastal areas. 

Year on year variation in property prices in the last four years:

2015:  + 2.9 %

2016:  - 1.3 %

2017:  + 5.7 %

2018:  + 6.7 %  

Please click on the link below to see the official Tinsa report showing the table of figures and the full details.

https://www.tinsa.es/servicio-de-estudios/imie/general/diciembre-2018/

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Property prices in the Alicante coastal region rose by 2.7% in 2019, as reported by the leading Spanish property valuation company Tinsa.

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New law requiring registration of all real estate agents

NEW LAW REQUIRING REGISTRATION OF ALL REAL ESTATE AGENTS IN THE VALENCIA COMMUNITY

We are pleased to confirm our compliance with a new law (Decree 98/2022), which includes a number of obligations affecting all individuals or legal entities who are dedicated to providing advice and intermediation in real estate operations within the Comunidad Valenciana.

From the 16 October 2023, all agents must be registered in the Register of Real Estate Agents of the Valencia Community (el Registro de Agentes de Intermediación Inmobiliaria de la Comunidad Valenciana), and they must fulfill a number of requirements in order to register, including the following.

1)  Agents must be the holders of a surety insurance (seguro de caución) and professional civil responsibility insurance.

2)  Provide proof of accreditation, to demonstrate agents are qualified to perform the real estate activity.

WE ARE PLEASED TO PROVIDE DETAILS OF OUR COMPLIANCE WITH THE NEW LAW:

(In the name of Dawn Patricia Nott on behalf of Javea Casas) 

GENERALITAT VALENCIANA REGISTRATION NUMBER:   RAICV 1230

MEMBER OF A.N.P.I.F.F.  Asociación Nacional de Profesionales Inmobiliarios Financieros y Fiscales:  Reg. Nº  1.964 

INSURANCE POLICIES:

Company:  AXA:  Civil responsibility insurance, policy number 85114094.

Company:  INTERCAUCIÓN AGENCIA DE SUSCRIPCIÓN S.L.:  Surety insurance. Certificado de seguro de caución número 62736804.

ACCREDITATION:  Dawn Patricia Nott is the holder of the following qualification:

"DIPLOMA DE TITULACIÓN AGENTE PROFESIONAL INMOBILIARIO”.

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Record property price increases in 2024

The price of resale properties in Spain rose by 7.5% year-on-year during the second quarter of 2024. This rise gives the average price per square metre as 2,138 euros, according to the latest Idealista price index.  Looking at the quarterly variation, prices have increased by 2.9% in the last three months. With these figures, Spain has reached a new historical high.  This is a generalization of price increases for the whole of Spain, whereas prices increases in Javea and nearby towns on the Costa Blanca have shown higher figures. 

For further information, please copy and paste the following link into your browser.

https://www.idealista.com/news/inmobiliario/vivienda/2024/07/02/818177-el-precio-de-la-vivienda-usada-sigue-en-record-y-sube-un-7-5-en-junio#at_medium=email&at_emailtype=retention&at_campaign=1062&at_creation=news_weekly_20240705&at_send_date=20240705&at_link=m-3-titular-node-818177&at_recipient_id=72471379279&at_recipient_list=3&utm_medium=email&utm_campaign=1062&utm_term=m-3-titular-node-818177

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