News and articles, page 46
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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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If someone still had hopes that in the near future, or at least in the medium term, the situation with extremely expensive housing in Ibiza and Formentera will improve. Such people can finally give up all hope for such changes. Omar Garcia, Director of Real estate at CaixaBank Banking Group in the Balearic Islands, warns: «The demand for real...
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The real estate consulting company Activum Real Estate Consulting analyzed data on the real estate market in the northern regions of Spain and presented interesting data on the results of the analysis in its latest report. The report contained a detailed analysis of the real estate market in Galicia — the region with the largest supply of new...