News and articles
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Reental and Nash21 have entered into a groundbreaking agreement to collect rent for “tokenized” real estate, i.e., accommodation whose value has been turned into a limited number of tokens stored in the blockchain system. By collecting rent from a Seville residential property, the agreement guarantees a profit. This type of agreement has become...
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According to Sociedad de Tasación, an independent appraisal company, by the end of the third quarter of 2022, prices for new buildings in Madrid will continue to grow with an increase of another 7.8%, reaching 3,968 euros per square metre. One of the main reasons for the price rise is the inflation crisis, which has resulted in rising prices for...
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Buyers most frequently turn to the secondary market for real estate for sale, choosing affordable and previously occupied properties. The search for affordable housing is more essential than ever for many Spaniards, in a situation of the country’s extraordinarily high, rapidly growing housing prices, and a lack of new developments. Such units...
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The municipal authorities of the Spanish regions are always in charge of determining the requirements for the interior design of living dwellings. As a result, the requirements and costs for converting non-residential space into residential space vary depending on the region of the country. For the quickest and most profitable development of a...
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Sueca is a city in the province of Valencia and the capital of the Ribera Baixa region, with a population of just over 28,000 people. In terms of the growth in home prices over the previous year, this city ranks third in the country. In the previous 12 months, the cost of real estate per square metre in this area increased by 16.28%. In the city,...
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Currently, many banks have a large amount of real estate in their possession. These are properties that were seized from people who failed to pay mortgage loans that were used to purchase houses; as a result, they are offered for sale under attractive conditions. This should allow banks to quickly return the lost funds. As soon as the bank takes...
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Typically, this is about real estate that was acquired from the original owners as a result of eviction, general insolvency, or late payments on the mortgage loan used to purchase the property. The bank can and will likely offer the house to new clients once it is available since it has to sell the asset as quickly as possible in order to return...
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People who decide to buy real estate in Spain, as a rule, have questions about how to conclude a deal and own foreign real estate. Below are detailed answers to the most common questions. Content: What taxes do I have to pay when buying a property in Spain? Do I need a NIE to buy a property in Spain? How long does it take to buy a property in...
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The term “house flipping” came to the international real estate market directly from the United States. It refers to the practice of purchasing real estate for the sole purpose of reselling it for a higher price after a preliminary renovation. So it’s not just about exploiting the market’s fluctuations, but also about adding real value to a current...
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Galicia is a promising real estate market, drawing the attention of both investors and wealthy buyers from throughout Spain and from abroad. The following is a short list of the most expensive districts, with the best real estate, in the autonomous community of Galicia. A Coruña: Old City Old Town of A Coruña is the unchanging leader of any...
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