News and articles, page 44

Small-sized prefabricated houses or, as they are also called, "tiny houses" are becoming more popular in Spain. Against this background, in recent years, the number of companies involved in their construction and distribution grows steadily. Small in size and easily moved properties are especially popular among those who are looking for a second home or those who live constantly moving from place to place. These tiny houses are not just mobile but also self-sufficient in terms of furnishing and can be placed even on land plots where...

In 2021, investments in the hospitality sector in the Balearic Islands grew by 69% year-on-year, and the total volume exceeded EUR 550,000,000. This makes the region one of the key destinations for hotel investment in Spain. In 2022, the archipelago expects an even stronger increase in the investments number in this sector than a year earlier, according to the consulting company CBRE. Institutional investors will be the key source of incoming funds. Thanks to the consolidation of international demand for resort holidays, in...

The provinces of Spain are extremely rich in impressive landscapes. There are views of rivers and springs, water meadows and mountain peaks, forests, game reserves and small country paths. In the real estate market, where location is one of the main criteria for evaluating the purchased goods, such views always attract great demand and create high prices for the offer: apartments, private houses, and land plots. Some of the largest land plots offered for sale can be found in the autonomous communities of Andalusia and Castile....

With summer coming and the number of employees moving to a remote mode increasing coastal locations are once again in the spotlight when it comes to finding long-term properties. Every year the number of people choosing the Costa del Sol increases. Malaga is often name "the perfect place to live and work." The province has several municipalities that are listed among the best locations to buy property in Spain. 2 years ago, Fotocasa launched a new tool for buyers and renters looking for properties near a beach or a bay. It...

The Valencian mortgage market will not be able to avoid rising interest rates and other economic consequences of inflation. Data for April indicate a slowdown in the pace of loans for real estate purchasing. The number of mortgage agreements concluded decreased by 22.4% compared to March and by 7.1% compared to a year earlier. April was the 1st month when an average Euribor (the indicator to which most mortgages in Spain are pegged) closed in positive for the first time since 2016. The market closed this month with 3,377 mortgages in...

In the period from April to June, prices for primary and secondary real estate in Spain retained the dynamics observed during the previous two quarters. The average cost per square meter in the second quarter was 1,685 euros. It is up 2.4% quarter-on-quarter and 8.2% over the last 12 months. In Salamanca, the average cost per square meter is 1,606 euros. The most expensive among the provinces of Castile and León has grown by 7% over the past 12 months. This is the highest rate in Spain. However, the current average cost of the...

The healthcare crisis has demonstrated the extraordinary resilience of the Spanish real estate market. Investment properties are gaining popularity in the face of inflation, putting it ahead of other financial assets. Besides, purchasing a house is considered by Spanish society to be easier than making investments into funds or buying shares in the stock market. Ferrand Font, director of research at pisos.com, believes that "high inflation, combined with a slowdown in new real estate developments, reduced availability of re-sale...

Tax agency Aeat has published the 9th edition of the taxpayers list where large debts to the State Treasury of Spain are shown. This list was first published in 2015 under the charge of the former Minister Cristobal Montoro. Since last year’s December the list, which is updated every 6 months, covers all the non-payers whose debt exceeds €600,000. The list, which in this case contains data as of December 31, showed that the total debt of 7,037 Spanish companies and individuals makes €17,772,400,000. Although the numbers are huge (for...

When considering the most prestigious real estate in Spain, many people are incorrectly referring to modern apartments in the heart of Madrid or Barcelona. Members of high society are interested in elite housing properties in the southern part of the country, specifically in the Costa del Sol region. It is situated between Sotogrande and Estepona. Some people are attracted to the immediate proximity to the sandy coast offered by the exclusive residential properties of the region. Others are charmed by the...

The lack of new developments in Spain inevitably leads to a rapid increase in demand for re-sale property. The relatively low cost of such residential properties is one of their clear advantages. The main disadvantage of such properties is usually low energy efficiency. To remedy this, re-sale property buyers can follow these simple tips. More Wood Despite the vast variety of existing materials, none of them can compare with wood. Wood products made as the result of sustainable forest management have a number of...