News and articles, page 37

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 prices increased by almost 10%. The local market has not seen such an indicator since the beginning of 1991, as detailed in the latest monthly report of the European Central Bank (ECB)....

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 policy, actively implemented in the eurozone, will lead to a cooling of demand in the real estate market of the EU member states. A decrease in the inflow of investment funds to markets such as...

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. Understanding these costs will help the buyer to plan his budget correctly and get the residential or commercial unit that he has always dreamed of. ...

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 have affected the Spanish real estate market and whether they have benefited investors. Content:

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 has been invested in both directions by the 200 largest investors in the sector for the second half of 2022. Despite the fact that the European market is drawing more and more attention. ...

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 transactions on the national market has risen steadily and significantly over the course of 16 months, ending in June 2022. The National Institute of Statistics (INE) of Spain has consistently recorded...

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 the province of Malaga. Besides Malaga, garages can be purchased in such autonomous communities as Madrid (705), Valencia (684), Catalonia (443), Andalusia (415), Castile and León (396),...

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 Port d’Andratx The most expensive home in the Balearic Islands right now is a recently constructed villa of about 1,300 sq.m. and is situated in Port d’Andratx....

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, Maresme. This is a villa in the unique community Supermaresme in San Andrés de Llavaneres. The villa’s development began in 2021 and the house is still under...

Spain is a dynamically developing country. It is popular among foreign investors due to its excellent climate and a large selection of real estate for investment on any budget. Just as in previous years, in 2022, Spanish real estate is in high demand among foreign nationals. Let us discuss which regions of Spain are most profitable to purchase a property in. Content: Housing in Spain – investment and capital preservation