News and articles
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Cordia Homes, one of the leading developers in Central and Eastern Europe, has chosen the Costa del Sol as a strategic location for its first project. The Jade Tower Fuengirola building will be located in the sunny region. It was not chosen by chance. As Oscar Vera, the head of the Cordia Homes project in Spain, explains, "the economic situation...
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Squatting is the process of unauthorized settlement of someone else's living space. This illegal trend is observed in many countries, but has worsened in Spain over the past few years. A recent study by the Ministry of Internal Affairs revealed 13,389 complaints in the first 9 months of 2021. This is 20% more than in the previous year. According to...
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The Spanish real estate market meets the summer with positive indicators, high investor interest, and active transactions. Thanks to this, Rebeca Perez, CEO and founder of Inviertis, expects that the number of housing sales in coastal areas will not only remain in the medium term but also increase by 5% during this summer. Despite the optimistic...
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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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