News and articles, page 28
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If there is any prefix that will be repeated throughout 2022 in the real estate sector, it is «Ko». Coliving and co-housing have established themselves as a model in the «brick» sector, while co-ownership of houses has burst onto the scene in the segment of second housing. The exciting end of the year was also marked by the opening of an asset of more than 800 apartments in Rivas. Some data collected by consulting firms, such as CBRE, demonstrate the good dynamics of the development of coliving. In the first half of 2022, 3,900 deals...
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According to the forecast made by the chairman of the Housing Observatory on the basis of data from the Ministry, supplemented by data from the Observatory, housing prices will rise by exactly 10.9% in 2023. This figure is obtained by adding 2.9% for the first quarter of 2023, 2.8% for the second quarter, 2.7% for the third quarter and 2.5% for the fourth quarter. «The price of housing continued to rise, following the trend shown in previous quarters, which suggests that this trend is difficult to break immediately, the correlation is not...
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Madness in the real estate sector. In this case, CaixaBank led the revolution in the market. The bank did this by putting up for sale several very interesting properties through the Haya portal. In particular, you can see 1,103 new apartments, duplexes and semi-detached houses that attract attention due to their incredible prices. The cheapest starts from just 10,700 euros. Without a doubt, this could be a great opportunity to buy your first home. At a time when the real estate market is becoming increasingly tense, such...
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More and more foreigners are choosing Spain to buy a home. Lucas Fox's report on the Spanish real estate market, which analyzes the first half of 2022, shows that the share of foreign buyers continued to grow during this period, reaching a peak of 24,000 sales in the second quarter of 2022, which is 76% more than in 2021. The UK, Germany and France continued to dominate foreign demand, followed by the USA and the Netherlands. «In the first and second quarter, traditional markets such as the UK, Germany and France continued to...
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Last year, Spain's leading fortunes had assets worth 143 billion euros, which is 10.45 billion or 6.8% less than in 2021, according to the latest list published by Forbes. However, another important question is where do the richest people invest, how are their portfolios formed, or what industries do they focus on in order to keep their wealth at a high level? Starting with the largest fortune in Spain with 53.5 billion. euro, Amancio Ortega, it is worth noting that his main source of investment is still Inditex, the company of which...
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In the current economic situation, rising interest rates and inflationary pressures, many people will think twice before buying a home. Especially in Madrid and Barcelona - the places with the highest real estate prices. The real estate market is going through a very unstable time, which is reflected in the purchase of houses. The increase in interest rates implemented by the European Central Bank has slowed down the demand for real estate due to rising housing prices and greater difficulties with access to mortgage loans due to the...
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Investments in the real estate sector in Spain ended the year with a volume of about 17.5 billion. euro, according to data published by the real estate consulting company CBRE. Paloma Relinge, Director of CBRE Capital Markets in Spain, stressed that these figures show that the real estate sector in Spain «continues to be attractive to investors, even in a changing macroeconomic context». «We see a fairly positive end to the year, with investment levels similar to those achieved in 2018. In 2023, we will see a lot of caution...
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Foreigners are actively returning to the Spanish housing market after the pandemic. In 2022, house purchases broke records, and the average price per sq.m. of real estate reached the highest level for all the time of accounting. In the luxury sector, foreign demand has even outstripped domestic demand. During 2022 of this year, the main foreign buyers remained the British, Germans and French, although other nationalities began to occupy an increasingly prominent place. For example, the Dutch, Norwegians, Irish and Ukrainians,...
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Spain is a nation with a long history, enduring customs, and impressive achievements. Below is a list of the records set here in the previous year. Let's begin with a story about real estate in Spain. Content: Record sales in the secondary market The biggest real estate investment in Spain for the last six months Record transactions with overseas buyers
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After one of its best periods, the real estate market in Spain is showing signs of slowing down as the end of 2022 approaches. Both the volume of sales and prices have started to decline slightly, although the overall indicators remain high. Given that clouds are still gathering on the global political and economic horizon, it’s still difficult to say what to expect from 2023. Analysts differ in their forecasts regarding specific indicators of sales and housing prices but unanimously agree that these indicators...