News and articles, page 29

Five numbers that will please Spanish property investors
Five numbers that will please Spanish property investors

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Real estate in Spain is one of the most investment-appealing assets on the international market. Spanish residential and commercial property owners can expect stable rental income and good capital gains. These factors are supported by figures that local real estate investors will undoubtedly find pleasing. Content: Investment in the hotel industry in Spain reached 3.2 billion euros in 2021 The Spanish property market grew by 25%...

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Buying a studio apartment in Spain: pros and cons
Buying a studio apartment in Spain: pros and cons

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Spain attracts tourists, and the figures clearly show this: in the first 10 months of 2022, 63,000,000 people visited the country. Studios are a popular accommodation option for tourists. The opportunity to receive legal recurring income through rental housing is one of the main arguments in favour of buying a studio in Spain. Content: Advantages of buying a studio apartment in Spain Low start-up costs High liquidity

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Paseo de Gracia overtook Portal de l'angel in the race of the most expensive shopping avenues in Spain
Paseo de Gracia overtook Portal de l'angel in the race of the most expensive shopping avenues in Spain

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According to the international report «Main Streets Across the World», prepared by the real estate consulting company Cushman & Wakefield, Paseo de Gracia is the shopping street with the highest rental rates in Spain. With an average rate of 2,677 euros per square meter per year, Paseo ranks 18th in the world. Brands such as Dior, Versace, Loewe and Swarovski are located here. To break into the lead, Barcelona street had to overtake Portal de l'Angel, who previously held the first place in this rating. The last update of the...

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What factors will negatively affect the sales of residential buildings in Spain at the end of 2022?
What factors will negatively affect the sales of residential buildings in Spain at the end of 2022?

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The real estate market has undergone significant changes over the past few years. Economic shocks, factors and trends in the market, crisis trends in the global economy and international instability played a role. Among the key factors of changes in the real estate market are the individual needs of buyers and tenants. They have also undergone changes over the years. An important place is also occupied by prices, which have been growing, perhaps too actively in recent months. Armando Lasauka, CEO of aProperties agency, points out...

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Switching to a new speed: investment company Grupo Lar has started work on the construction of 550 new houses
Switching to a new speed: investment company Grupo Lar has started work on the construction of 550 new houses

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Grupo Lar, an international company registered in Spain, specializing in investment, construction, development and property management, announced that it has started work on the construction of six new residential complexes in Spain — five with rental housing and one complex for sale. This is the next step of the company in its strategy of creating a diversified real estate offer both geographically and structurally. Miguel Angel Peña, CEO of Grupo Lar's housing division, points out that there is no doubt that there is a shortage of...

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Is it possible to use a tourist apartment as the main place of residence in Spain?
Is it possible to use a tourist apartment as the main place of residence in Spain?

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One of the non-trivial questions that visitors to Spain may face is whether it is possible to use a tourist apartment as the main place of residence? The question is quite relevant, given that in Spain, in fact, there is no national legislation that would regulate this aspect of the tourism industry and the residential sector. At the same time, of course, there is regional legislation, but, as follows from the description, it can change from one region of the country to another. First of all, when analyzing this issue, you should...

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The largest «flexible» residential complex in Spain has appeared in Madrid, which will help young people with real estate
The largest «flexible» residential complex in Spain has appeared in Madrid, which will help young people with real estate

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The residential complex «Be Casa Rivas» will open its doors to the first residents in December. A residential complex with modern apartments is located in the town of Rivas Vasiamadrid, in the suburbs of Madrid. Investments in the construction of this project amounted to 85 million euros.A total of 843 apartments were built, providing all the necessary amenities for a comfortable life. The concept of «flexible apartments» is a strategy for creating a residential complex that is legally an apartment hotel and at the same time provides...

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Five Steps to Check Property in Spain Before Buying
Five Steps to Check Property in Spain Before Buying

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Buying a property is a complex process, especially if the real estate unit is located overseas. If you want to buy property in Spain, be prepared for the fact that almost all transactions are performed with the help of realtors, and contracts for expensive properties in popular resort regions are accompanied by lawyers. Moreover, both the seller and the buyer use the services of real estate agents. This is understandable, as in such cases, precautions are not superfluous. Here is a list of what you need to check...

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Despite high inflation, from 15% to 20% of Spaniards will try to buy a new house in the coming months
Despite high inflation, from 15% to 20% of Spaniards will try to buy a new house in the coming months

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The number of Spaniards whose income is generated by providing real estate for rent increased by 5% in 2022 and this trend will continue to grow. A lot of people are attracted by the high rate of return from such an enterprise — an average of 10% per annum, which can be increased to 14% if you choose the right strategy. According to a survey conducted by the international Academy of financial education Alfio Bardolla Training Group, 7 out of 10 Spaniards consider residential real estate as a reliable and safe asset for investment. ...

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Foreign demand stimulates the real estate market of Murcia — it grew by 23.4%
Foreign demand stimulates the real estate market of Murcia — it grew by 23.4%

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Foreign buyers continue to show their love for the community of Murcia and its rich real estate market. Market data show a 23.4% increase in the number of transactions for the sale of real estate to foreigners for the third quarter of 2022. Of course, Murcia is not the undisputed market leader, the Canary and Balearic Islands, as well as Valencia, show more figures, specifically, an increase of 33.7%, 31.5% and 28.3% in annual terms, respectively. However, Murcia shows itself better than such areas as Andalusia (17.8%) and Catalonia (15.3%)...

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