News and articles, page 105
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Spain is a country where the tourism sector is very developed: there are many coastal areas that make happy those who are looking for warmth and beaches. Real estate agencies offer a high level of service when it comes to buying real estate, whether it is as an investment, a second holiday home or for renting out. To guarantee the security of transactions and avoid unnecessary risks, it is necessary to look for those companies that offer high-level real estate and prices that correspond to its quality. ...
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Real estate in Spain is colorful and varied. The real estate market offers a variety of properties for all tastes - from modest studios to penthouses and luxury villas. Spain-Real.Estate will tell you more about the types of real estate and their features. Content: What kind of property do Spaniards prefer? Features of Spanish property What is a typical Spanish apartment like?
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Online branches of banking institutions have begun providing personalized mortgages that offer a type of loan for any need and that can facilitate access to their own home for particularly vulnerable groups such as young people or the self-employed. Even before the health crisis, difficulties in accessing housing had become one of the main problems in Spanish society and one of the greatest challenges that financial institutions and the real estate sector had to face. Among the various population groups that faced serious...
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Palencia managed to start 2021 with a surplus of 2,046 residential units and to reduce the stock of unsold new houses despite the pandemic during 2020. According to the Ministry of Transport, Mobility and Urban Agenda, 2,096 new houses were waitintg for buyers in 2019, so the stock decreased by 2.39% year-on-year. However, the sector has been hit hard by the pandemic, according to Juan Blanco of El Salón real estate agency. “Indeed, new houses were sold, but they were few compared to other years,” he notes. The months'...
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Open spaces, balconies, terraces ... The pandemic has changed many consumer habits, including in the real estate sector. Housing, which has become in demand in pandemic context, is distinguished by good location, comfort, and most importantly, a space where you can not just live, but work and relax. “The situation will tend to stabilize if the pandemic ends, because after this event, things will gradually return to normal and demand will adapt to other needs in the future,” explains Valentin Rodríguez Alonso, Member of the Spanish...
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The impact of home purchases by foreigners continued to be significant in Spain during 2020. In the year of the pandemic, 46,303 transactions were registered and this figure, despite the fact that it is far from the historical maximum of 65,416 purchases in 2018, is at a level similar to that reached in 2014. This is one of the main conclusions drawn from the results of a study presented and published by Real Estate Agents (API) and FIABCI of Spain. The last year's data represents a decrease of 26.3% compared to 2019. Thus, in...
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The Real Estate Closed-end Mutual Funds (FCICI) are gaining prominence in the real estate business. Several projects have already been presented in search of attracting money from the capital market and it is estimated that 10 of these plans will be announced in the short term, bringing together an investment of more than 100 million dollars. FCICIs are collective investment financial vehicles made up of assets that are nourished by the contributions made by investors subscribing shares and becoming shareholders of the fund. They are...
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After the consequences that the pandemic brought to the real estate market, the market is booming again, so that the sale and purchase of houses again restores its value and becomes attractive for investment. Selling real estate is a simple procedure, but it requires a number of steps that are important to know for effective business management. A sales consultant together with a lawyer are ideal experts for the successful sale of real estate within the framework of the law. The real estate agency Sevilla 2000 employs professionals...
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In the period from 2019 to 2020, the number of millionaires decreased by 23%, but in the coming years, the number of Spaniards who have accumulated a fortune of more than one million euros will grow by 58%. These are the data of the Wealth Report, prepared by Knight Frank, which analyzes the preferences of customers in the luxury real estate sector. The report predicts that after a lull in a number of countries around the world and restrictions imposed to combat the pandemic, investment will recover. "This year's forecast expresses...
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Real estate analyst and consultant Gonzalo Bernardos is a professor of Economics at the University of Barcelona (UB) and directs a master's degree in Real Estate Consultancy, Management and Promotion at this educational institution. ldealista / news interviewed him to find out how he predicts the coming months for the Spanish real estate business after the pandemic, what he thinks about the growth of squatting and which, in his opinion, will be the main cities for housing investment in the coming months. ...