News and articles, page 38

A press release was published on the official website of the Roma football club, which indicates the start of a partnership with the real estate portal Idealista. The cooperation will focus on the technological development of Italy and Idealista will become a full partner of the sports club during the 2022-23 season. The portal will be present at the Stadio Olimpico in Rome, as it already happened during the Roma-Cremonese match, when special LED screens were installed at the stadium on the sidelines. ...

Once again, the State News Agency (BOE) has published information about residential real estate affordable for those who have a limited budget. Such properties are sold through an auction and everyone from any part of Spain can bid on the lots. It is worth noting that as part of such an event, not only residential properties are sold, but also vehicles and other property and assets. In most cases, the real estate sold in this way, or another asset, is seized from the debtor, who could not or refused to repay the loan for the acquired...

By August 1, 2022, there were more than 40,200 luxury homes for sale in the Spanish residential real estate market. The price of each home exceeds 1 million euros. If we consider the offers' distribution by regions of the country, the Basque Country occupies a leading place in the number of properties for sale. There are 288 premium villas in the Basque Country of Biscay, which is 0.7% of the total number of luxury villas in Spain. Gipuzkoa has 198 villas, or 0.5% of the total. On the other hand, only 11 properties can be found for...

Raisin, a platform that helps consumers get the best deal from their savings, conducted its own research of the residential real estate market in Spain to determine whether housing is available for an ordinary buyer. The research collected data on typical household spending in the current economic climate, average property prices in Spanish regions, the average salary of a potential buyer, and the speed of acquiring a home for an average buyer. All of this revealed some surprising information regarding the state of the Spanish market,...

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, there were 3 luxury properties and 44 premium residential real estate units available on the local market. According to Idealista, a real estate portal, the vast majority of them were situated...

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 startlingly high levels at a time of inflation. The issue with raw supplies, building materials, and energy carriers made the situation worse. For this reason, finding affordable residential real...

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 also be a blow for countries like Spain, whose economy partially relies on a steady inflow of foreign investment. This is especially true for sectors such as tourism and real estate. ...

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%). According to the report of the Fotocasa real estate portal, the number of residential properties for tourist holidays is decreasing in Spain. In comparison, between 2022 and 2021, there is a...

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 travel by car without carshering or finding companions. They need to find people to share fuel costs. And the real estate market requires the same sharing and is actively developing....

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, Menorca and Ibiza are of the greatest interest to national and international buyers with similar needs. They have unique features for the Mediterranean, attracting diverse demand from foreign...