9 Sep, 2020 @ 18:00
1 min read

Spain’s property websites busier than ever

Squatter fears in southern Spain see ‘for sale’ and ‘for rent’ signs taken down outside empty homes

CORONAVIRUS restrictions may have kept people at home, but while there they have been investigating moving house.

Two of Spain’s leading real estate websites – Idealista and fotocasa – have seen a surge in property searches over the past three months.

For fotocasa this translated into 40% more traffic in June compared to the same month in 2019.

Lockdown Causes Massive June Property Sales Collapse On Spain S Costa Blanca

The company’s communications director Anais Lopez said: “All the real estate agencies we work with say they’re seeing unprecedented interest in changing homes.”

Benat del Coso, speaking for Idealista added that online mortgage brokerage requests over the summer were 20% per cent higher than normally seen in the same period.

These figures come as a relief when compared to the stark data reported by the bank of Spain for April, May and June.

Across Spain house sales plunged 43% to 75,000 in the second quarter. Price growth slowed in the same period to a quarterly rate of 0.44% according to the College of Registrars, although there are signs that prices have started rising faster through the summer.

Dilip Kuner

Dilip Kuner is a NCTJ-trained journalist whose first job was on the Folkestone Herald as a trainee in 1988.
He worked up the ladder to be chief reporter and sub editor on the Hastings Observer and later news editor on the Bridlington Free Press.
At the time of the first Gulf War he started working for the Sunday Mirror, covering news stories as diverse as Mick Jagger’s wedding to Jerry Hall (a scoop gleaned at the bar at Heathrow Airport) to massive rent rises at the ‘feudal village’ of Princess Diana’s childhood home of Althorp Park.
In 1994 he decided to move to Spain with his girlfriend (now wife) and brought up three children here.
He initially worked in restaurants with his father, before rejoining the media world in 2013, working in the local press before becoming a copywriter for international firms including Accenture, as well as within a well-known local marketing agency.
He joined the Olive Press as a self-employed journalist during the pandemic lock-down, becoming news editor a few months later.
Since then he has overseen the news desk and production of all six print editions of the Olive Press and had stories published in UK national newspapers and appeared on Sky News.

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