In February 2018, sales started well, with more than 40,000 transactions each month.

Since February last year, Spanish real estate sales grew 16.2 percent annually

According to the National Institute of Statistics (Instituto Nacional de Estadística or INE, the number of property transactions increased by 16,2 percent year-on-year to 41,480 in February. This is the best figure since 2011 for one month of February and the fourth best figure since the economic recovery began. These figures strengthen the figures of January, which recorded the highest sales since 2008. viva bahriya

In February, property purchases and sales in recent years had some of their best figures. With 41,480 transactions they grew by 16,2% year-on-year, according to the INE, they confirm the good start to 2018. Although January has seen the best figures for the past 10 years, with a turnover of over 47,000, February is still above the 40,000 mark and despite a 12.3% monthly drop, it is still the best month since February 2011. In 24 of the last 25 months, the number of sales has increased.

By type of housing, 81.9% of sales were secondary properties. The 33,963 used homes purchased or sold in February are the fourth best record since 2008. In 47 of the last 48 months, their numbers have increased.

In the meantime, sales of new buildings also grew. They increased 16.4 percent year-on-year to 10 consecutive months.

The largest yearly increases among communities in each region were Cantabria (42.1%), the Canary Islands (31%) and Castile-La Mancha (27.5 percent ). The lower rates in February were recorded by Extremadura (-2.9 percent), Navarre (4.1 percent) and Castile and León (4.7 percent).

For Fernando Encinar, Head of Idealistic Research, "The inter-monthly decrease should not alarm because February is at a time when the number of recorded transactions is less seasonally. Yet both interannual data and data from the last 12 months demonstrate sustained growth of more than 16%, which underlines the market's good health and offers optimistic prospects for the comin "months." months.

Seven tips to negotiate Spanish property prices

You can bargain about the price of a house as long as you have the right motivation. Indivisa Personal Shopper Inmobiliario, a Spanish company, explains how to negotiate successfully and cut the initial demand price.

Don't visit more than twice the property: You want to visit the property several times to be sure what you buy, but the bad thing is that sellers benefit too visibly.

Be reasonable when making an offer: you need to understand the market in detail so that you can make a sensible offer. You should know what kind of final price you can honestly expect to knock on before submitting your proposal.

You always have a different option: you should be interested in buying the property, but not desperately. It is important to have a plan B if things don't go your way in buying or negotiating.

Give the seller a time limit to accept your offer: Set a limit on how long the owner will decide on your offer. Between three and five days is a good idea. The most successful negotiations are generally the fastest.

Learn as much about the seller as you can: Knowing the seller and their reasons for putting the property on the market gives you more power to successfully negotiate and secure a greater discount.

Show flexibility in the terms of the contract: many homeowners are more interested in concluding an agreement on the date of handing over or signing of the contract than in concluding a transaction at a slightly higher or lower price, therefore it is good to be attentive to the needs of the seller in order to achieve better agreement.

Explain to the seller why the offered option is the best: In the purchase of a property, psychological factors play a key role. For many sellers, it is important to understand that the operation is completed successfully, such as the fact that the purchaser is able to pay the demanding price or that they already have a bank mortgage.