News and articles
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According to the National Institute of Statistics of Spain (INE), in the first half of 2022, the average cost of opening a mortgage loan in annual terms grew by 23%. Nevertheless, residential property sales continued to grow by 18.8%. Against the backdrop of an ever-growing market, more and more people are wondering whether a new "bubble"...
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The Spanish real estate market continues to break records. According to the National Institute of Statistics of Spain (INE), sales of residential real estate only in the first month of the summer period (June) showed an annual growth of 18.8%. This has not happened since 2007. A total of 58,010 deals were concluded. At the same time, Spain's...
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Although the Spanish real estate market has coped with many changes over the past decade, there are always enough areas offering extremely elite and expensive properties to buy. Housing is almost unaffordable for the average buyer. According to a study by the Idealista real estate portal, the most prestigious street in Spain is located on the...
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In the rapidly changing economic and international circumstances, the European real estate market is recovering after the pandemic. In 2022, the main driving force was the trend of strong growth in sales and prices for residential real estate. Interest in villas, condominiums and apartments in Europe has grown significantly, and Spain has become...
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The secondary housing market in Spain is thriving after the end of the acute phase of the COVID-19 pandemic. The activity of the domestic buyer, the return of foreigners, the investors' attempts to find a safe haven — there are plenty of reasons for growth. Today, in the third quarter of 2022, this segment of the Spanish residential real estate...
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You can often hear that summer in Spain can be a good time for many things, but definitely not for the real estate market. It is a time of heat, holidays and vacations. It seems that the entire market freezes, focusing its attention on several regions and major market segments. According to José María Basañez, President of Tecnitasa real estate...
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Although summer is a time of rest and vacations, there are enough reasons and people who choose August as a period for large real estate purchases. Armando Lasauca, CEO of the real estate agency aProperties, is one of those people who popularize real estate purchases during this period. He believes that, based on the data available to his company...
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Housing security is one of the most important factors for a place of residence. The Spanish Insurance Business Association (UNESPA) conducted a study of the number of thefts in insured Spanish homes, identifying 3 leaders among the country's major cities in the number of such incidents. These are Granada, Pontevedra and Ciudad Real. The number of...
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Although Gipuzkoa tops the ranking of the most expensive regions of the Basque Country, there are several cities on its territory where you can buy a house for less than €1,600 per square meter. With an average indicator for the province in May 2022, the price of housing was above €3,200 per sq.m. The Basque residential real estate market has...
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Investments in the residential real estate sector in Spain continue to grow, and the co-living and co-ownership sectors are becoming increasingly popular. During the first half of 2022, there were about 3,900 transactions in the sector, and total investment exceeded €433 million, accounting for 18% of total investment in the country’s real estate...
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