News and articles, page 11
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Before buying a property in Spain and moving to this sunny country, most families with children of school age are thinking about where the child will study. We tell you about the best schools in the country and what kind of housing can be purchased near them. Content: Spanish Education System Schools in Madrid International schools in Madrid
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Having finished 2022 with an income of 247 million euros, which is an increase of 30.5% year-on-year, the developer Acciona intends to increase the pace and volume of construction in the next five years, it is planned to build more than 7,000 new homes. The successes last year were due to the already significantly increased number of residential properties put on the market. The company handed over the keys to 617 objects. For comparison, 443 houses were put on the market a year earlier. In addition, for the current and next year,...
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Ada Colau, the mayor of Barcelona, has given final consent to the implementation of the project to transform the former Mercedes-Benz plant located in the Sant Andreu area into the first LaMercedes eco-district for Spain. It will be designed from scratch and created in accordance with all the criteria for the construction of modern energy-efficient and environmentally friendly real estate. The area will be of mixed use, accessible for living, working and studying. Houses and residential complexes, shops and places for recreation,...
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Galicians have to tighten their belts tighter when it comes to buying housing in the region. The situation in the residential market of Galicia is one of the most difficult in the country. The price growth in the region in the first quarter of 2023 remained several tenths of a percent higher than the average growth in the country. The average figure is 6.3% growth in annual terms. The problem of rising prices is much more serious in such regions as Cantabria (12.1%), Aragon (10%), La Rioja (8%) and Extremadura (7.5%). The situation...
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The IdenCity consulting company recently published the second edition of the "Smart Cities Index of Spain" (ISCE), which indicated that Barcelona, Madrid, as well as Valencia, are the most promising contenders for the title of "smart city". According to a study tracking the level of digitalization and technological development of Spanish cities at the national level, all three cities exceeded the 50% mark on the way to becoming a "smart city" in the measurement of 138 separate indicators, one way or another indicating the ability of...
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Spain is not only one of the popular travel destinations. Comfortable climatic conditions, developed economy, and high quality of life attract foreigners. Real estate in Spain is in demand for permanent residence and as an investment. Let’s review the state of the country’s real estate market and analyze the region’s pricing policy: what can you expect when planning to invest $1 million in the Spanish housing stock? Content:
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The Canary Islands is an autonomous community of Spain with the highest sales volumes of mini-houses and mini-mansions, although the main share of sales is occupied by small apartments from this category. We are talking about apartments that are more like a studio — these are objects with an area of less than 30 square meters, more like a room with a bathroom and a kitchen attached to it than an apartment itself. The popularity of this market segment is due to the high tourist attractiveness of the region. Small and cheap housing...
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Despite the fact that Cadiz is often called one of the best places to move in Spain, not everyone can afford it. Thus, data from the Global Group, which provides consulting and real estate valuation services, indicate that Cadiz became the most expensive provincial capital of Andalusia in 2022. The data was collected by Global Analytics based on Global Valuation data on houses and residential complexes. At the end of last year, the price per square meter of living space in the city exceeded 2,250 euros. This, according to the...
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High housing prices are an obstacle for many buyers in the modern Spanish market. For example, according to the real estate portal Fotocasa, the average price per square meter of living space put up for sale in February of this year was 2,086 euros. This is 9.9% more expensive than a year earlier. At this price, a typical apartment for the market with an area of 80 square meters will cost the buyer about 166,880 euros. A year earlier, it was about 150,400 euros. Even when applying for a mortgage loan to buy such an expensive object,...
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The price of a square meter of warehouse space in the Balearic Islands is already more expensive than housing prices, five times the cost of housing in five autonomous communities of Spain. It pales before the prices of residential real estate in the archipelago in comparison with other regions of the country. Housing or commercial real estate, garages or warehouses. In the last few years, all this has been growing in price throughout the country, but especially in the largest cities and popular tourist regions of the country. For...