News and articles, page 106

Being selective with your investments has always been important but in 2022, after the coronavirus crisis, you need to choose even more carefully. The previous year created a tipping point in analysts' outlook coupled with market problems such as the China-US trade wars or Brexit uncertainties. In 2020, markets froze at a time when the consequences of the pandemic were devastating for the populations and economies of many countries. Analysts are optimistic today, seeing some signs of recovery brought about by the vaccine. ...

With the pandemic, many people are beginning to turn their attention to the provinces in search of open space and more freedom than most houses in the city center offer. And this small change in mentality seems to have become a trend, given the growing demand for houses and villas outside of major centers. This is confirmed by sources in the real estate sector of Burgos. They have noted the good dynamics of the real estate market in rural areas in recent months. According to Óscar Ortega Delgado, president of the Association...

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...

Housing is holding up well. This year, prices for luxury housing in Madrid will grow by 3%, and in Barcelona by 2%, according to data published by the consulting company Knight Frank and included in its report The Wealth Report. According to the study, the real estate sector will become a key investment object for wealthy people (people with net assets of at least 50 million euros) in the coming months. Moreover, 25% of them plan to invest in real estate in 2021. "Low mortgage rates, the search for space and privacy after a...

In next 10 years, Torrevieja will be in the process of active development. 18 skyscrapers with 29 floors have been previously announced. The highest concentration of high-rise buildings will appear near the beaches. Not far from the Doña Sinforossa Park, 2 Torres Sinforosa towers with a height of 82 meters will be erected. According to the mayor of Torrevieja - Eduardo Dolon, the new buildings are designed to increase the capacity and accommodate more tourists, while the new buildings should not change the architectural course...

The cranes are working all over Palma, where new residential complexes are being built. From Cala Major to Gomila, passing through Nou Llevant, where construction is underway, or La Bonanova and El Amaneser, in the Femu Park area. The map of Ciutat is full of new buildings. Cranes show interest in new apartments. And the prices? The average is 3,500 euros per square meter, that is, 350,000 euros for a 100 square meter flat, to which VAT and expenses must be added.  ...

According to analytical studies, in the first trimester of 2021, the return on investments from Spanish real estate was 7.2% per annum, which is 0.4% lower compared to last year. The most profitable in terms of return on investment turned out to be: Lleida - 8.4%; Murcia - 7.9%; Huelva - 7.2%; Castellon de la Plana - 7%; Santa Cruz de Tenerife - 7%. Commercial premises show an average of 9.3% to 11.1%,...

On 12May, the Spanish consulate in Moscow announced the resumption of the issuance of tourist visas of the "C" type to Russians with some amendments. First of all, the owners of Spanish real estate can count on getting visas, as well as those who previously had Schengen for visiting Spain for a period of 2 years or more.  The issuance of documents began on June 1, but entry into the country with them is still limited. In 2021, Spain plans to receive more than 40 million tourists, and active work is already underway to attract...

The Spanish real estate market is reviving and surviving the impact of the Covid-19 pandemic but in new realities. The number of people wanting to buy Spanish property in 2021 has increased. In this article, you can find an overview of prices and trends in the development of the real estate market in the coming years. Content Features of the Spanish real estate market Dynamics of real estate prices in Spain after the crisis

The real estate transaction market in Spain registered a total of 196 announced and closed transactions for a total of 4,351 million euros until May 2021, according to the TTR (Transactional Track Record). This is 4.81% more in the number of transactions and 46.36% more in the amount of transactions compared to the first five months of 2020. Real estate deals lead the Spanish transaction market, outpacing the technology sector with 179 deals, the financial and insurance sector with 67 transactions, and the...