News and articles, page 15
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Spain is rich in beautiful islands, many of which are biosphere reserves. On the Balearic Islands in the Mediterranean Sea, there are the famous resorts of Ibiza and Mallorca; on the Canary Islands in the Atlantic Ocean, there is the resort city of Santa Cruz de Tenerife, where transatlantic yachts and snow-white cruise liners call. On these and other, less known but no less beautiful islands, you can buy real estate in Spain. Content:
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In 2022, Alicante became the leader in the degree of activity in the Spanish real estate market. It was the province with the largest number of residential real estate sales in the country in proportion to the number of residents of the region. The triumph of Alicante allowed the region to return to first place in the ranking, taking it back from Malaga — its main competitor, especially in the segment of tourist housing. The achievements of Alicante are reflected in the latest statistical yearbook from the Association of Real Estate...
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According to the forecast outlined in the study "Proptech Global Trends" by ESCP Business School, real estate startups in Spain will earn about $900 million during 2023. Thanks to such results, the country will be among the top five world leaders in the progtech sector, second only to the United States, which is the undisputed leader in this field. For example, most of the patents for AI technologies in real estate are registered in the USA. The top five are completed by the United Kingdom, India and South Korea — countries...
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If you are interested in Spanish real estate as an asset for profitable investments, then now is a good time to think about entering the local market. Despite the obvious problems in the global economy, there are many opportunities for investors to save and increase their money in Spain. Traditionally, during crises, real estate is a good haven for savings, it is only necessary to find the right assets. Whether you are a high-level entrepreneur or a small investor, investing in the commercial sector, in business centers can be a good...
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A few years ago, the idea of buying or renting real estate using cryptocurrencies was almost unimaginable, especially for the overly traditional Spanish market. Today it is more than a reality. With a total market capitalization of over a trillion dollars, cryptocurrencies have become one of the key alternative currencies in the global economy. Despite some dubious types of investments based on crypto technologies, they continue to carve a niche for themselves in more and more new segments of the economy. ...
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According to statistics, in 2022 Spain took a leading position among countries attracting foreign investors to their housing market. Real estate in Spain is chosen by foreigners for both moving to a permanent place of residence and as an investment. Let’s consider which property you should pay attention to and in which regions of the country it’s better to purchase real estate. Content: The Spanish property market in 2022 in numbers
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The effects of an increase in interest rates are finally becoming visible, but not where it was expected. Recent events related to the bankruptcy of SVB and problems with other banks both in the US and Europe are a direct consequence of the regulators' policy of raising the key lending rate. These same events have become the basis for great confidence in the imminent global economic recession. Markets feel what is happening and change under the pressure of circumstances. If you describe the situation with a metaphor, it looks like an...
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Housing is the right of all Spaniards, which is proudly stated in the Constitution of the country: "All Spanish citizens have the right to decent housing". Nevertheless, the current situation with exceptionally high prices for residential real estate in the country clearly demonstrates that good ideas set out on paper are not infrequently only on paper and remain. Housing in Spain today is not a right, but a luxury and accessible mainly to foreigners. All this is due to various factors, but in the end, we have the inevitable trends...
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Despite the market downturn at the end of last year, at the beginning of 2023, residential real estate prices in Spain kept from falling. In some aspects, prices and sales volumes have even increased. Representatives of the real estate company Engel & Völkers indicate that, in their opinion, a change of cycles is coming in the Spanish housing market, but we are not deep enough yet to fix it. In any case, after eight years of constant growth in sales and prices, exhaustion had to come. ...
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Enjoying the surf on the beaches of Cadiz during a lunch break from working for an American multinational corporation or strolling around Puerto Banus, creating content for one of the leading communication companies in France - all this is quite a normal way of life not only for employees of large corporations, but also digital nomads who have chosen cities on the Spanish coast in recent years. Digital nomads are an actively gaining popularity style of work and life. We are talking about professionals from different economic sectors...