The number of sales and the property prices are on the rise in Spain, but how long time it actually takes to sell a property in Spain depends on many different factors.
Some areas are growing faster than others, and with the improved mortgage opportunities the prospect of selling a property is better than ever. The most difficult period for those who wanted to sell their properties were in 2012 and 2013. But how long it takes to sell, depends on the property’s condition, location and above all the demand in the area.
According to new figures, it takes on average 10.2 months to sell a property in Spain. Six months ago it took 10.6 months. In 2014 it took 11.5 months to sell a property, and in 2013 a property was on the market for an average 13.2 months before it was sold.
The longest time it takes nowadays is in Cantabria, where it takes on average 18.6 months before a property has been sold.
The fastest sales are done in Ceuta (3.7 months), followed by Melilla, Soria, Santa Cruz de Tenerife, Madrid, Barcelona, Zaragoza and Teruel, where properties are up for sale for less than 7 months.
- Properties on sale
- Clearance of Spanish properties
- Price increase for properties
- More properties are being sold