The average price of the houses in the municipalities along the Spanish coast has risen when compared to last year, according to the Coastal Housing Report 201,9 published by the real estate company, Tinsa. Permissions for new building have also increased from last year.

The yearly report, Vivienda en Costa 2019, put out by real estate company, Tinsa, detected an increase of prices compared to last year in the majority of the coastal municipalities, specifically 78% of the 159 municipalities that make up the Spanish coast.
Among the municipalities that most increased their prices were Baiona (Pontevedra), Mataró (Barcelona) and Antigua (Las Palmas). In general, it was seen on the Catalan coast together with Mallorca and Ibiza leading the areas where their was a clear increase in demand and consequently, price.
This interannual increase during the first quarter of 2019 adds to the increases registered in 2017 and 2018. In the words of Rafael Gil, director of Research Services at Tinsa: "For the third consecutive year, the activity in the real estate sector on the Spanish coasts continues growing, encouraged by a context that is becoming more optimistic”.
The increase of housing prices in the coastal municipalities is the consequence of national demand that, added to the interest of the international buyer who continues taking a chance on this market, even during years of economic recession, affects this moderate tendency of increase during this period of the year.
In the areas where there has been a decrease in price, San Bartolomé de Tirajana (Canary Islands), with 12.7%, Cartaya (Huelva), 9.1% and Capdepera (Balearic Islands), 8.2% are the municipalilites where the decrease has been the highest.
This situation, characterized by high prices and signs of economic slowdown, has generated a balance point (with some local exceptions) bringing stabilization of the principal variables, meaning more contained increments of demand and tendency for moderation of prices.