News and articles, page 104

Gradually, Spanish real estate is solving some issues that remained unresolved due to the pandemic. KKH Property Investors has finally appointed Sanjose Constructora to perform work on the construction of an elite residential building, which will be erected in a 20-storey building located on Paseo de Gracia 111 in Barcelona, at the intersection with Diagonal Avenue, as sources in the company told Idealista/news. The new residential complex, which has an area of more than 13,000 sq. m., will have 34 luxury houses (including several...

The luxury housing market will continue to grow in Europe and in Spain, which is an attractive destination for international real estate investment. There is an interest of investors and liquidity, and cities such as Madrid and Barcelona offer more favorable prices than other major European cities. "The crisis that we experienced was a supply and demand shock that paralyzed the market, but this is not a systemic crisis. There is the light at the end of the tunnel: the luxury market will continue to grow in 2021, and there are very...

The Asturian real estate market can offer a lot of favorable suggestions. The trick is to know where to search. For example, you can find real estate in coastal areas at favorable prices: apartments 10 minutes from Salinas beach for 21,000 euros or houses a few meters from San Lorenzo. One of the main profitable purchases is located in the area of Avilesino, La Luz. With an ideal location, direct connection to the A-8, supermarkets, bars and a 5-minute drive from the center of Aviles, an apartment with exterior decoration, with 3...

In May, some provinces of Spain saw an increase in the total volume of sales and purchases of real estate compared to the same month of 2020, which amounted to 145% on average across the country and increased to 265% in Murcia and 270% in the entire Valencian municipality, especially in the provinces of Valencia and Castelló. However, these figures are not so impressive in Alicante, where sales are slowing down due to a decrease in the influx of foreign buyers. Residential tourism has a great weight in the sales of the province. ...

Unlike the financial crisis of 2008, the real estate sector seems to have remained immune to the consequences that the coronavirus had for many sectors of the economy. Quarter by quarter, we can observe a general increase in prices for Spanish real estate. This is evidenced by the latest report made by the company iAhorro on the change in the cost of housing in Spain since the beginning of the pandemic. According to the analysis of prices for 1,456 objects of various real estate portals, it can be concluded that in the second quarter...

After the Pozuelo City Council approved the name change of ARPO (Area de Reparto Pozero Oeste) to the west of Pozuelo de Alarcón, construction of more than 5,500 new homes began. According to the consulting company Activum, Culmia, Pryconsa, Metrovacesa and Vía Célere own a significant part of the ARPO land.  ARPO, the district of Pozuelo de Alarcón, borders on the north, east and south with the Madrid neighborhoods of El Plantio and Aravaca, Casa de Campo and Aluche. And in the west –...

Savills Aguirre Newman reports that new home sales are increasing and accelerating their growth during 2020/2021, with total sales in the first quarter of 2021 reaching 12%. This is the highest figure for the last 6 years. At the regional level, Andalucía stands out with 93,588 units, which makes it the best-selling autonomous state in the country. Followed by Catalonia with an indicator of 74,564 units. Valencia, with 69,743 units, has strengthened its position in a more demographically dynamic...

The heads of the real estate department taking part in the main conference "Real estate as the driving force of the Spanish economy", organized by El Economista, expect that in the coming months prices for new homes will rise. This growth will slow down in 2021, but will grow again in 2022. Secondary housing prices have a different fate, as they continue to adjust after the pandemic. "Prices for new construction are growing moderately and may increase in 2022. It's time to buy, " said Borja García Egotzaga, CEO of Neinor...

The price of secondary housing in Spain increased by 10% in June over the past 12 months. According to the latest Idealista price index, a square meter costs 1,816 euros. If we consider the quarterly changes, the growth is 1.8%. According to Francisco Inareta, a representative of Idealista, "the magnitude of the June price increase is associated with an atypical drop that the market experienced after several months of stagnation. On the other hand, prices in major capitals remained at the same level or slightly decreased. Judging by...

The real estate sector is one of the pillars supporting the recovery of the Spanish economy, and we can say that it is now experiencing a housing boom. Activity is not weakening, the demand for housing is very high, and the sector is coming across a shortage of real estate agents, bricklayers, building materials. During the round table "New formulas for housing investment" organized by elEconomista, María Matos, director of research at Fotocasa, said: "Now we are seeing such a demand on our portal that we have never seen...