News and articles
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In the last two weeks, there was information about the volume of renovation of residential real estate in Spain. According to the National Association of Distributors of Ceramics and Building Materials (Andimac), by the end of 2022, the market can expect to repair and reconstruct over 1,750,000 homes, which is 55,000 more than in the previous year....
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The affordable luxury real estate market for co-ownership is becoming a reality in Spain. According to the Idealista real estate portal, the Spanish proptech company Vivla has closed its first sale of co-owned housing on the island of Formentera. Vivla representatives report: "We are talking about a villa in Cala Saona worth €2.5 million. The...
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Azora, a real estate investment management company, has acquired 1.1 million square meters of land to build affordable housing in Valdecarros. The latter is considered the largest urban development project in Spain and one of the largest in Europe. Thanks to this acquisition, Azora has become one of the largest private owners of this Madrid city...
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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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