News and articles
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In Spain, when discussing “luxury real estate”, it is always about properties with prices starting at or above $1 million. It is $3 million if we want to talk about the highest level of the premium segment. There are plenty of similar properties available for purchase across the country, but Navarre is one of the best locations. By August 2022,...
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Beginning in 2021, as the COVID-19 pandemic’s peak phase came to an end, the Spanish real estate market began to recover and experienced a monthly recovery boom. Prices were rising as a result of increasing demand and decreasing supply. All of this has resulted in price growth for the majority of goods in almost all regions of the country to...
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The countries of the European Union have recently agreed to tighten the policy of issuing visas to the EU countries for Russians. This will undoubtedly make it more difficult for Russians to enter the union’s countries and significantly raise the cost of this type of registration. However, this agreement will not only affect the Russians but will...
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According to the latest analysis of the Spanish real estate market, the autonomous community of Andalusia is the national leader in the number of residential vacation rental properties. About 24% of all Spanish homeowners provide such options to the market in the region. Andalusia is followed by Catalonia (16%), Valencia (13%) and Madrid (12%)...
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When inflation in Spain exceeded 10%, the incomes of the population did not keep up with this level. This population has no choice but to calculate savings and divide expenses among as many people as possible. For example, with the rise in the price of gasoline in recent months, which costs about €2 per liter, it is expensive for many people to...
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Today, the real estate market in the Balearic Islands is experiencing one of the best periods in recent years. The growing number of remote workers, combined with other consequences of the COVID-19 pandemic, has increased the interest of property buyers in living in "idyllic" places, remote and spacious houses. In Spain, the islands of Majorca,...
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The Spanish Buyers and Consumers Organization (OCU) surveyed residents from 15 major cities in the country to determine their quality of life. The organization has an interesting list of the most comfortable regions to live in modern Spain, in which Vigo unexpectedly ranks first, while the capital of the country was only in 6th place. The main...
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The National Association of Real Estate Agents of Spain (ANAI) signed a cooperation agreement with Colombia and Ecuador during the 7th Latin American Real Estate Congress. The main goal is to promote the free movement of investments and synergies in this sector on both sides of the Atlantic. This is not the first step that ANAI is taking to gain a...
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Although prices for luxury residential real estate continue to rise around the world, in the largest cities of Spain, prices are growing much slower than the global market average, determined by the world’s largest megacities. According to the latest report "World Cities Index for Premium residential real estate" published by the consulting...
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The long-anticipated new global economic crisis has begun to take shape. Recent data on the economic state of the People's Republic of China indicate a slowdown in economic growth in the last (II) quarter, which was only 0.4%. Although this step for the Chinese economy is planned by the government, it still affects the global economic system...
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