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Almost 50,000 residential units were sold in Alicante, setting a post-pandemic record in 2022
Almost 50,000 residential units were sold in Alicante, setting a post-pandemic record in 2022

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Neither inflation, nor the Russian-Ukrainian conflict, nor rising interest rates, the pandemic and Brexit could greatly affect the real estate market in Alicante. Quarter by quarter, this sector demonstrates its sustainability and a key role in the economic development of the region. This is one of the main, if not the main, engine of the development of the local economy. Official data from the National Institute of Statistics of Spain (INE) confirm the above, because despite the decline in the market in the fourth quarter of 2022,...

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Smart
Smart

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Zeta District is a new destination in Malaga. This is the first smart "city" in Spain, inspired by the culture of generation Z. Zeta is a purposeful attempt to monetize trends, things, ideas and fashion, spread mainly among the youngest generation of real estate buyers — people born in the late 90s and early 10s. The age of the older representatives of this generation has already crossed the mark of 25 years. Within the framework of Zeta, it is planned to implement an affordable parcel delivery system using drones, use wind...

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Renting a property in Spain: everything a landlord needs to know
Renting a property in Spain: everything a landlord needs to know

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Recent statistics show a sharp growth in prices for real estate in Spain, which is highly in demand among foreign buyers. Even when recognising the possibility, not everyone considers foreign housing as a place to relocate to for permanent residence. Real estate remains the most secure investment asset. Investing in the Spanish housing stock allows you to not only combat inflation but also maximise it. Spain ranks first among the European countries in terms of popularity among real estate buyers and...

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Major real estate investors in Spain on the most attractive assets in 2023
Major real estate investors in Spain on the most attractive assets in 2023

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Not logistics, not hotels and not offices — large international investors have set their sights on new, "alternative" assets. According to the annual report on trends in the Spanish real estate market, conducted by the consulting company PwC and the Urban Land Institute (ULI), in 2023 investment funds, real estate companies and banks, as well as other major players, are now betting on energy infrastructure, healthcare assets and data centers. These three types of assets in the real estate market have the best prospects for...

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Spanish cities with the best quality of life — TOP-15 according to OCU
Spanish cities with the best quality of life — TOP-15 according to OCU

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Spain is one of those countries that consistently hold leading positions in the world rankings for quality of life. There are many cities located here that are able to offer the best conditions for living both for the local population and for a variety of foreigners: expats and tourists. Below we will present 15 cities of the country with the highest standard of living. The rating was formed on the basis of an analysis conducted by the Spanish Consumer Association (OCU). № 1: Vigo ...

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The hotel sector of the Spanish real estate market slows down amid rising interest rates
The hotel sector of the Spanish real estate market slows down amid rising interest rates

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According to the portal "TheObjective", the growth of interest rates on lending negatively affects investments in the hotel sector of the real estate market in Spain. According to market experts, the increase in the cost of credit financing led to the fact that many operations that were planned for the coming months were either postponed or canceled. The change in the policy of banks aimed at tightening lending conditions, coupled with rising interest rates, is felt in the real estate market among both individuals and companies. ...

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Investment in housing construction in Spain reaches record highs, despite the decline at the end of 2022
Investment in housing construction in Spain reaches record highs, despite the decline at the end of 2022

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According to the data of the consulting company JLL, referred to by the Idealista portal, in 2022, 4 billion euros of investments were recorded in Spain in sectors such as rental housing, residences for the elderly and student housing. According to JLL and Idealista, this amount represents an increase of only 1% compared to the volume recorded a year earlier. But at the same time, it allows these sectors of the real estate market to set new records for attracting investment. Small growth, which signals great prospects for...

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Recommendations of Inmobiliarias: the best residential real estate offers in Valdovinho
Recommendations of Inmobiliarias: the best residential real estate offers in Valdovinho

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Valdovinho is a corner of Galicia offering a life surrounded by beautiful natural landscapes, impressive beaches, coves and coastal cliffs. The municipality is located in Ferrol and its residential real estate market is very extensive. Currently, there is a wide selection of offers at very favorable prices. We are talking about the average price per square meter at the level of 946 euros. However, it can be quite difficult to find a suitable property in a large market that can meet the individual needs and requirements of a...

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Brick company leaves Barcelona and moves to Madrid
Brick company leaves Barcelona and moves to Madrid

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Brick company is one of the most important Catalan family-owned real estate companies. It has been in existence for 75 years and in its history has been able to successfully survive a number of crises, including the situation in the global economy in 2008. However, today it is time for the company to leave its native Barcelona and move to the capital Madrid. This was announced a few weeks earlier in a message from Goma Costa, head of the Higher Technical School of Architecture of Catalonia. ...

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Palma is the third high-priced city in Spain when renting a room
Palma is the third high-priced city in Spain when renting a room

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According to Spotahome, Palma, a key city of the Balearic Islands, is the third most expensive city for renting housing in Spain. Monthly rent of a room in this city will cost the tenant 516 euros. Only Madrid and Barcelona are ahead of it. The growth of the Consumer Price Index (CPI), the market supply shortage with extremely high demand, the rise in mortgage interest rates and other factors led to an increase in rental rates last year. Spotahome notes that rental demand has increased by 40% in recent months. ...

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