News and articles
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The second half of 2022 promises to be difficult for the Spanish real estate market. Over the past six months, there have been several new factors in the global economy that can fundamentally change the market. The world economy, like the Spanish economy, will have to face the consequences of rising inflation, the Russian-Ukrainian conflict,...
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Today, Europe is experiencing a difficult economic situation caused by such factors as inflation, fuel shortages and rising fuel prices, declining incomes, rising interest rates on lending — the list is long. But despite this, one of the European countries, Spain, broke its own historical record in attracting real estate investment. And we are...
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How do you purchase real estate in Spain online? To achieve this, the buyer should hire a reliable agent who will support the transaction through all the steps of purchasing. Read this post to learn about the stages of closing the deal on a real estate purchase and sale transaction in Spain. Content: Appointing an authorized...
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According to CBRE, real estate investments in Spain in the first half of 2022 amounted to €9.87 billion. The figure was 80% higher than the results of the same period in 2021. This is the best record in the history of the company ever. What came as a surprise was that the growth in investment stimulated the real estate sector for retail. The total...
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As is usually the case, the onset of summer dramatically increases the interest of international buyers in purchasing a second home in Spain. Huge demand for tourism, travel, moving to another country, and buying overseas housing has been accumulating from the international buyer since the beginning of the pandemic, when international restrictions...
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The return on investment in residential real estate has changed dramatically over the past 10 years, going through various scenarios. In particular, the market experienced falls and structural changes during the COVID-19 pandemic, which has now been replaced by global economic and geopolitical threats. Against the backdrop of the latter, some...
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Every 5th Spaniard plans to purchase a residential property in the next 5 years. These are the main data of the report "Radiografía del mercado de la vivienda 2021-2022" published this Monday by Fotocasa, a figure which is 3 percentage points higher than in February 2021. In particular, the real estate portal notes, 8% future buyers plan to do...
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The market of Spanish real estate reached a peak in the fourth quarter of 2021, with the Costa del Sol region being particularly successful (where at least 91 residential units changed hands there every day). This post explores the situation in 2022. Content: How was the Spanish market developing last year? Price growth in the residential...
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During the first quarter of this year, house prices rose by 9.8% in the Eurozone and by 10.5% in the EU compared to the same period in 2021. This is the highest growth since 2005 in the case of the Eurozone and since 2006 for the Union in general. In Spain, real estate prices rose by 8.5% year-on-year and 2.6% qoq, compared to 6.3% year-on-year...
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In May 2022, more than 60,000 sale-purchase transactions for residential real estate were recorded. Thanks to this figure, the market secured a record that has not been broken since 2008 and confirmed that the Spanish property market has recovered from the pandemic. Now it faces new challenges. The 1st challenge is the uneven distribution of...
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