News and articles
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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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The economic recovery after the COVID-19 pandemic has reduced the price bubble in the market, as developers can again build new real estate and expand supply to meet new demand in the capital of Spain — Madrid. In addition, Leon has recorded excellent rates of new housing on the market. The number of new buildings in this region without buyers...
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In recent months, Lugo has been attracting more and more foreign nationals to buy local housing. Lugo's market is lively, with wide and varied offers and affordable prices, lower than in other areas of Galicia. Prices in Lugo are also lower than in the countries of most foreign buyers, allowing them to save over €150,000. Additionally, they often...
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According to Idealista, on average, in Spain, there is one for every five apartments with a swimming pool. Therefore, in the total housing stock of the country's apartments, 19.1% are apartments with a swimming pool. In Leon, there is one apartment with a swimming pool for every 100 residential properties. That is, only 1.3% of the province’s...
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According to the report of the Idealista real estate portal, prices for Spanish residential real estate on the secondary market recorded an increase of 3.4% year-on-year at the end of the second quarter of 2022, reaching an average of €1,890 per sq.m. The record for many regions, but collectively still 8% below historical highs, was recorded in...
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Spain attracts foreign investors with its wonderful climate and well-developed economy. Many people decide to invest in residential real estate in Spain, as commercial properties provide ample opportunities for income generation. You can start a business by either purchasing an already existing firm or buying unoccupied premises and starting from...
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Majorca and the Costa del Sol are home to the most luxurious villas, mansions, and chalets in Spain. Premium real estate can also be found in some provinces, such as Cadiz. Local residential properties attract both Spanish and overseas buyers. In addition to being one of the most expensive units in the country, these luxury homes can boast...
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The Balearic Islands offer the most expensive holiday homes in Spain. The average cost per square meter in the first quarter of this year was €2,466. The most expensive is the purchase of real estate on the island of Ibiza. Here, prices per square meter reach €3,268. Moreover, according to the report "Housing on the coast 2022" published by Tinsa,...
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Activity in the Spanish real estate market will gradually decline in the second half of 2022. The reasons will be higher construction costs and lower purchasing power as a result of higher ECB interest rates and historical inflation highs. This is the conclusion reached by Sociedad de Tasación in its Mapa del Tiempo Urbanístico study, which refers...
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Warren Buffett, the legendary investor and CEO of the American holding company Berkshire Hathaway, seeks to strengthen his position in the Spanish real estate market and become a leader in the luxury housing sector. Buffett's company HomeServices Spain, together with the AX Partners investment fund, is targeting Barcelona and the Costa Brava....
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