News and articles, page 44
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According to estimates published in S&P Global Ratings, residential property prices in Spain should rise by 4.6% in 2022 and, after reaching their peak, begin to decline during the next 3 years. Already in 2023, the extremely active growth of previous years will slow down to 4%. Up to 3.5% slowdown should occur in 2024 and up to 3.2% in 2025...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...