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In 2021, property prices were different when it comes to selling or renting. Secondary property sales prices increased by 10.1% in June on a year-to-year basis, although with declines in some major capitals, rental prices in Spain fell an average of 5.6%, with more significant declines in major real estate markets. A new format is now provided for the quarterly data ranking the municipalities with the highest selling prices and rents, as well as the most demanded according to the relative demand analyzed by Idealista / data. For the...

Building your own house is an alternative that is slowly gaining momentum. On the one hand, there are many areas in Spain where real estate market is very tense, with high prices and difficulties in finding property. On the other hand, prefab house format is becoming more and more affordable, which allows you to get a house quickly, more economically and even more energy and environmentally efficient. This growth is partially supported by the existence of specialized financing - self-construction mortgages. ...

Profitability starts when the difference in price before and after renovation exceeds 25%, in Salamanca it is only 15%, so the margin is low. Before the economic crisis over ten years ago, when the real estate market was one of the main engines of the Spanish economy, buying an apartment in Salamanca for renovation and subsequent sale was a common practice and, in many cases, even very good business. However, due to the passage of time and the development of property prices in Salamanca, it becomes more difficult to make...

Real estate market is recovering at a good pace after a sharp drop caused by the consequences of the pandemic. After months of "paralysis" caused by restrictions, the desire to buy property has spurred deals. In May this year, the number of transactions increased by a historic 107% over last year, and demand is expected to remain very strong. How to invest profitably in the midst of property construction recovery? Let us take a look at some tips. 1. Planning and identifying opportunities ...

Owning a house by the sea is a luxury available to only a few, which can become even more inaccessible depending on the area where the property is located. Spain's 8,000 kilometers of coastline makes it one of the countries with the highest tourist interest, therefore, apart from the price, domestic demand is becoming more complex in the face of foreign interest. The differences in the average net annual income per person in the autonomous communities with the coastline are noticeable, as are the prices recorded in their real...

Real estate market has ridden out the pandemic well enough. The fall in prices was not as sharp as one might expect at first, and there are certain types of real estate, the prices of which did not fall, but increased. “Luxury housing has suffered a less pronounced fall in prices than real estate in general,” says Emiliano Bermúdez, deputy general manager of the Don Piso real estate business. This year, the market expects prices to rise by about 3%, according to the expert.  ...

Over the years, consumer habits have evolved largely thanks to the constant technological process that has led to blanket distribution of the Internet and, as a consequence, spread of smartphones. As a result, more and more consumers are choosing to shop online, which is driving the growth of e-commerce. After the COVID-19 pandemic, a gradual shift from physical trading to online retail transactions has inevitably accelerated, with many businesses taking advantage of the economy “from the comfort of their homes.” ...

The death rate from bullfighting in Spain, which currently exceeds 50,000 people, has led to the fact that the number of houses inherited has reached a record level. This is especially noticeable in Madrid and Catalonia, the two communities most affected by the pandemic. INE (National Institute of Statistics of Spain) in its latest data on the transfer of houses reports on the scale of what happened. Content: Inherited properties are being sold in a hurry

The European Union has given the go-ahead for the implementation of the Spanish recovery plan, according to which the country will receive the first 9 billion euros out of a total of 140 billion at the end of July or early August, of which 70 billion are non-refundable. Part of this money will be directed to the real estate and construction sector, to repair housing, as well as to improve energy efficiency. Carolina Roca, vice president of ASPRIMA, confirms the need for the sector to receive this economic support to overcome...