News and articles
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Summer has come, and inflation has not slowed down. Holidays in 2022 will be 9.8% more expensive for those who want to rent an apartment on the coast. According to the latest report on rental prices in popular coastal areas of Spain, published by the appraisal company Tecnitasa, a week of living in a rented property near the beach will cost 90...
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According to the latest data from the consulting company Knight Frank, Spain ranked 45th in the international ranking of real estate price growth in the first quarter of 2022. Since the previous year, the average cost of residential properties has increased by 4.4%. The global residential real estate price index was published in two reports by a...
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The Spanish secondary real estate market continues to grow. According to INE data, over the past year, this type of housing accounted for 80% of purchase and sale transactions across the country. Thus, in 2021, 428,066 houses in the country changed their owners. However, many of these properties are in poor condition. According to information...
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If you are an ex-pat, financial operations and payments will become easier as soon as you open a bank account in Spain. An account in a Spanish financial establishment will be especially convenient if you plan on acquiring an apartment in Spain, or even if you plan to relocate to the country for permanent residence. Read this guide to find out how...
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Despite the harsh factors, such as the pandemic in 2020, inflation, and war in Ukraine, the real estate market has not only moved from its place, but it behaves in a way that has not been seen since the "bubble". If the sale of apartments is already at an appropriate level that has not been observed since 2007, then prices reflect the same tendency...
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Spanish real estate is a very attractive buy-to-invest option. Due to strong fundamental indicators, the sector is healthy and stable in the face of a possible crisis or uncertainty that could be caused by inflation or growing interest rates. However, various experts in the sector indicate the risk that needs to be taken into account and the thing...
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Buying and selling a common residence has become fashionable in Spain. Pacaso, Vivla... and now Suomma. All of these companies have broken into the Spanish housing market in recent months. They brought the new invention of co-ownership in multi-family housing. It is about buying real estate together with other owners, but at a much more affordable...
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Housing investment is now picking up again. The real estate market has recovered and offers interesting alternatives. "Spain is in fashion. It has been an early leader in real estate tourism," says Ángeles Serna, TM Real Estate Group’s President. She also notes the growing interest in buying a second home. Information provided by the National...
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For the popular adoption of the cryptocurrency market in the real estate sector, the Spanish real estate consultancy El Sol Grupo becomes the first one in its sector to use the new opportunities offered by crypto. El Sol Grupo partnered with Bit2Me, the first company recognized as a virtual currency service provider by the Bank of Spain. Thus, the...
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In Spain, the volume of housing transactions reached almost 675,000 transactions in 2021. It is a 38.3% increase in comparison with the previous year and the highest absolute rate since 2007. Similarly, the province of Soria saw a growth of 27.4%, with more than 1,300 transactions, while in Castile y León the figure reached 36.2% (almost 32,800...
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