News and articles, page 37

Never before have foreigners bought so many houses in Spain

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According to the statistics of the real Estate Registry of the Association of Real Estate Registrars of Spain, from January to June 2022, more than 328,000 residential units were registered on the Spanish real estate market. Such a volume of transactions on the market has not been observed since the beginning of 2008. In quarterly terms, both...

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Should we expect a reduction in prices for apartments in Spain?

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The explosive growth of housing sales in Spain, together with the increase in the cost of production of new facilities, for example, due to a shortage of building materials, forced the prices of residential real estate in the country to actively grow in the last two years. If in 2019 the annual price growth barely reached 4%, then only in Q1 2022...

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If you are selling an apartment, hurry up - if you are buying, do not rush

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If we summarize the opinion and recommendations of experts of the European real estate market about the current situation, then they can be expressed in the following phrase: "Hurry up if you are selling a house. Take your time if you are buying. Stay if you have taken out a loan". It is already obvious that the current tightening of monetary...

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Expenses when buying a property in Spain

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Before you start looking for real estate in Spain, the buyer needs to analyze the potential costs that he will have to face. When concluding a transaction, the costs go far beyond the value of real estate. They will include taxes, the services of such professionals as lawyers, agents and notaries, the purchase of furniture and much more....

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How the Crises of the Twenty-First Century are Beneficial for Real Estate Investors in Spain

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The market of real estate in Spain, like those of any other country, has experienced many ups and downs. Although the twenty-first century began relatively recently, the local economy has already faced 2 serious events, the 2008 bubble and the COVID-19 pandemic, the consequences of which are being fought worldwide. Let's review how these crises...

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Inmsa: Wealthy buyers invest in real estate in Spain and the USA

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The worldwide real estate market started to actively recover when the pandemic crisis ended, bringing back former investors and attracting new ones. Even if there are currently enough developing and promising markets for investments on a global scale, the biggest players continue to make a big bet on the USA and Europe. So far, roughly $ 9 trillion...

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The Spanish real estate market is expected to slow down, while residential property prices will grow by 5% in 2023

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The real estate sector in Spain is forecast to slow the pace of home sales growth down, which is associated with unstoppable inflation and higher interest rates on lending by the European Central Bank (ECB). At the same time, a 5% rise in residential real estate prices is anticipated across the country in 2023. The number of home sales...

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Solvia has begun selling over 300 parking spaces in Malaga at an average price of around 7,600 euros

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Solvia, a real estate services company, has launched a programme according to which an ordinary buyer is invited to purchase one of more than 3,100 garages and parking spaces across Spain. Each of them is sold for a reasonable price of around 7,600 euros. 312 lots with an average area of about 18 meters are part of the parking spaces for sale in...

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Idealista: three houses on the island of Mallorca that are among the top ten most expensive properties in Spain

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Idealista, a real estate portal, has published a list of the top ten most expensive houses currently on its platform. Seven properties from this rating are sold in Malaga, while three units are sold in Mallorca. We’ll explore the Mallorca offers and the benefits that buyers can get from making this purchase. A villa worth 24.9 million euros in...

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Six Most Expensive Houses in Catalonia in Search of an Owner

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Catalonia is a hot market with a lot of interest from foreign buyers. Even here you can find properties that deserve attention, but for one reason or another are bypassed. Below we present six homes that are great for wealthy buyers. 1. Unique chalet in Sant Andreu de Llavaneres The most expensive property in Catalonia is for sale in Barcelona,...

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