News and articles, page 17

Tourism and foreign investment contribute to the growth of housing prices in Spain
Tourism and foreign investment contribute to the growth of housing prices in Spain

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Almost 10 years ago, graffiti appeared on the facade of one of the houses on the road to Llanes: "Tourists, Asturias is not for sale". As you might guess, this appeal referred to tourists-trying-to-become-expats, indicating without embarrassment that housing in Asturias would not be sold to them. This situation was observed in different parts of...

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How the rich take advantage of the situation of a gradually collapsing real estate market
How the rich take advantage of the situation of a gradually collapsing real estate market

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Amancio Ortega, the founder of the well-known retail company Zara and the richest man in Spain, last year expanded his total portfolio of assets in the commercial real estate market, acquiring at least 10 properties in North America and the UK worth more than $2 billion. According to Knight Frank's Wealth Report 2023, Ortega is not the only...

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If you own your own house, you can earn extra money without leaving the threshold
If you own your own house, you can earn extra money without leaving the threshold

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Those who now own real estate can receive additional income from it, continuing to fully live in it. We are talking about an interesting and, in a sense, revolutionary approach to housing ownership — "trust ownership" (bare ownership). It is also known as "nuda propiedad", literally "naked possession". Despite the fact that Spain is still a...

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Forecast for the Spanish residential real estate market for 2023: falling sales and rising rental rates
Forecast for the Spanish residential real estate market for 2023: falling sales and rising rental rates

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The real estate market in Spain in 2022 can be described as a record. Outstanding sales rates and volumes, extremely intensive price growth, high volumes of investments attracted to the sector were noted. This year we expect a different picture due to inflation, rising interest rates, the recession hanging over the world economy, the international...

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How many years do I have to save my salary to buy a house in Spain?
How many years do I have to save my salary to buy a house in Spain?

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Buying a house in Spain in the vast majority of cases involves obtaining a mortgage loan. In addition, it is necessary to set aside a significant part of the cost of the house, which will need to be spent as a down payment. It is also necessary to take into account the costs associated with the real estate purchase process itself. Most banks in...

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New ways to invest in real estate
New ways to invest in real estate

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Real estate investments in Spain, as a rule, are considered attractive and quite safe, due to the tangibility of their income, as well as the historically positive dynamics of prices. Despite the fact that the 2008 crisis demonstrated that there are no risk-free assets, among the alternatives, the real estate market remains one of the safest areas...

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Is it possible to live on income from renting out real estate?
Is it possible to live on income from renting out real estate?

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For people with small savings, the idea of investing in real estate as a way of earning money, at first, may seem absurd. Such investments look like huge expenses, huge risks, huge efforts to participate in economic realities that are often incomprehensible. And all this with zero guarantees that the efforts and resources spent will pay off...

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Due to building materials and energy, real estate construction has become more expensive than a year earlier
Due to building materials and energy, real estate construction has become more expensive than a year earlier

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The lack of new construction is one of the main problems of the Spanish real estate market. According to the real estate portal "Pisos.com "this problem, which has worsened since the beginning of the pandemic, will only strengthen in 2023. In view of this, Ferran Fond, Director of Research at Pisos, draws attention to the latest report on the...

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Madrid: what to invest in now and for what purposes?
Madrid: what to invest in now and for what purposes?

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According to a survey conducted by Multinacionales por la Marca España (An association of international companies operating in Spain) in 2022, three-quarters of all investments registered in the country are directed to the Madrid region. Why is it so attractive to investors and what types of investments are the most profitable...

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The most expensive and cheapest streets in Spain to buy an apartment
The most expensive and cheapest streets in Spain to buy an apartment

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In every city there are districts and neighborhoods where buying a home is more expensive than in others. Housing prices can rise and fall due to various factors, such as proximity or distance from the city center, the development of public transport and communication with other important social services, or maybe it's all purely a matter of...

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