News and articles, page 29

Results of the year: key events in the world of real estate in Spain, forecast for 2023

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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