News and articles, page 111

Since 2015, the municipal strategy for the construction of state-owned real estate has been aimed at changing the policy that has focused on the sale of new public housing for decades. The promotion of a new housing model with affordable rents, property rights and cohabitation guarantees the control and public ownership necessary to protect the right to housing for all people. The 34 buildings under construction represent a record number, as the construction of so many new facilities have never...

According to Savills Aguirre Newman's "What Buyers Want" report based on customers who currently want to buy property in Spain, France, Italy and Portugal, international home buyers in Southern Europe are looking for a large outdoor space, Internet connection and an eco-friendly area. Among the results of the study, conducted between February and March 2021, the availability of services, high-speed Internet connection and good views top the wish list of people who are going to buy a house in any of...

In 2020, Spaniards had to give 41% of their salary to pay for housing rent, which corresponds to the same percentage as a year earlier. The reason lies in the fact that salary and the rental price grew at almost the same rate. As a result, an average salary growth of 4.9% was offset by rent growth of 4.6%. The Relación de salarios y vivienda en alquiler en 2020 study says about it. This study is based on average rental housing prices from the Fotocasa real estate portal and average salary data from...

According to the monthly sales price report from Pisos.com, the average price for secondary housing was 2,792 euros per square meter in Madrid in April 2021. This figure increased by 1.15% compared to March, which is the second highest figure in Spain. Year-on-year growth was 5.84%, the highest in the country. Madrid was the second most expensive autonomous region, behind only the Balearic Islands (3,065 €/m2). In addition, Madrid was the third most expensive province. As...

The average Spaniard has to devote the entire salary for 6 years to paying off the mortgage loan for their house bought in 2020. This is 2.5 months less than in 2019 (6 years and 2.5 months), according to the study "The relationship between salary and purchase of housing in 2020". It is based on the average prices for secondary housing from the Fotocasa real estate index and data on average salaries from job offers on the InfoJobs platform. In 2020, the prices for the sale of housing in Spain closed with an...

According to Engel & Völkers Mallorca, online requests for luxury real estate in Mallorca in the first quarter reached a record-breaking level, with an increase of 66% compared to the same period last year. The company's manager in the Balearic Islands, Florian Hofer, notes that this historical record of requests from potential buyers "is a reflection of the great interest that Mallorca arouses from customers, even in such difficult times as these." ...

New construction projects show better results than secondary real estate. This trend may continue at least in the first half of the year. In the first quarter of 2021, property sales and purchase prices have increased by about 1% year-on-year. In the rental market, there is an opportunity to adjust the price, which in the previous quarter decreased by more than 2% compared to the same period last year. The pace of transactions has recovered rapidly after...

A square meter costs 8,683 euros in the most expensive area of Spain. "The city of San Sebastian has held the top position for many years as the most expensive city to buy a house, although in some cases this position is taken over by the city of Ibiza. Currently, San Sebastian has an average price of 5,576 euros per sq. m. And taking into account that the average price in Spain is 1,883 euros per sq. m., the price in San Sebastian is 196% higher than the average in Spain," explains Maria Matos,...

Eleven years ago, a user of the Bitcointalk forum decided to order two family-sized pizzas and pay for them with cryptocurrency, which was not widespread at that time. The price of 10,000 units of bitcoin was about $41 in 2010. Today, the same amount of bitcoin costs $400 million, and we could buy almost twenty million of the same family-sized pizzas. 2020 has been the year of the cryptocurrency boom, and 2021 seems to follow the growth path of this popular virtual currency. And although the idea of...

Zamora has become the province of Castilla y León with the lowest rental prices, according to data by the consulting company Gesvalt in its report for the first quarter of 2021. In this sense, renting a house of 100 square meters costs an average of 671 euros per month in this community, with a difference between 838 euros in the city of Segovia and 562 euros in the capital of Zamora. Thus, there is also a price gap in Castilla y León. ...