News and articles, page 13

The Balearic Islands have completed 2022 as the region with the highest land prices in the urban area. A square meter of land here cost 341 euros at the end of the year, which was the result of a 10.5% increase in price during the previous 12 months. At the same time, the land market in the urban area, on average in Spain, ended last year on a downward trajectory. According to the data of the Ministry of Transport, Mobility and Urban Development of Spain (MITMA), the drop in sales was about 26%, the area of the territory transferred...

The Spanish real estate market again showed interesting figures at the end of the first quarter of this year. The first thing that catches your eye is that prices continue to rise, primarily in large cities, although at a more moderate pace than in 2022. Malaga is once again in the spotlight. The secondary housing market of the country is growing in prices. For the first quarter at the national level, prices increased by about 2.9% by the fourth quarter of 2022, according to the real estate portal Idealista. The square meter has...

The real estate market in Spain is constantly changing and you will always face challenges and difficulties when trying to sell your home. There are, of course, strategies for how to do this most effectively, as well as quickly. Below we will indicate the main points that you should know when entering the market today. The right choice of market price This is what any sales event should start with. Setting the right price is very important not just to find buyers, but it is banal to collect the first views of your offer....

Although it may not seem very obvious, real estate is a fairly liquid commodity and allows you to quickly get your hands on money. In fact, within the framework of the Spanish market, it is possible to find a buyer for a newly put up for sale object literally within a couple of weeks. Add to this a month for the sale procedure and the money is already in your bank account. Old or new real estate, renovated or in need of renovation, purchased or inherited. Almost any product sells out like hot cakes, for which you can largely thank...

The demand for housing in Spain is growing, despite the increase in interest rates on mortgage lending. Despite the fact that for any citizen of Spain, the current price level is almost beyond the threshold, if not already beyond it, for wealthy foreign buyers and investors, housing prices in the country are still very attractive. Among European countries, Spain is generally one of the most profitable countries for purchases, including in terms of return on investment for investors. At the same time, the country has another important...

In the latest issue of the "Corner of Real Estate", organized by the publication Estrategias de Inversión, the topic of affordable housing and affordable rental real estate in Spain was raised. Affordable, or social, housing is a painful topic for the country. For many regions of the country, the presence of an extensive market for such real estate seems to be something impossible. Ricardo Sousa (CEO of Century 21 Agency), Gloria Folch (Director of the Social Fund Advero Properties), Jaume Borras (Business Director at Culmia), as...

When choosing a new home and deciding whether to buy or rent it, many factors come into play, often not obvious, which can easily tip the scales in one direction or another, depending on the time and situation. Considering the residential real estate market in Spain in 2023, what can the analyst tell us about the choice between buying and renting? First of all, when talking about buying, the idea of opening a mortgage loan pops up. In this case, it is worth paying attention to the rates and conditions that banks are currently...

Renting out housing was and still remains one of the most profitable ways to make money on the Spanish real estate market. In 2022, the gross annual profit in this sector ranged between 6.5% and 7.7%. Every year thousands of small and medium-sized investors enter this market, earning solid money. According to the Fotocasa portal, only among Spanish real estate buyers about 7% have purchased housing as an investment. Most of them planned to use it as a passive rental income tool. In 2023, the situation does not promise noticeable...

Andalusia, Catalonia, and Madrid are the regions of Spain that had the most construction projects in 2022. These provinces also have the highest population in the country and attract the largest number of tourists and expats moving to Spain for permanent residence. The number of inhabitants in Andalusia at the end of the year exceeded eight million; in Catalonia seven million; and in Madrid six million. As the population grows, so does the demand for housing. Property in Spai...

A four-star hotel on the island of La Cartuja, which is just under development, has already found a buyer. It was acquired by the company Montebalito, which has already established cooperation with a number of investment groups and hotel chains to lease them a new turnkey hotel facility. Sources who reported on Montebalito's cooperation with investors and hotel chains did not disclose the price at which the object was sold, however, it is known that the total area of the hotel is 5,251 square meters, which are distributed over five...