News and articles, page 52

With a strong interest, the Singapore Sovereign Wealth Fund (GIC) continues to invest in the Spanish real estate market. Investments are made through P3 Spain Logistic Parks (hereinafter "P3") is a Spanish real estate investment fund or "socimi". GIC has increased the volume of its portfolio of assets in the logistics and industrial sectors of the country by 2.3 times in 2022 alone. Today, the total value of GIC assets in Spain has reached 679.4 million euros. This was reported to the CBRE real estate service and investment agency by...

The housing market continues to grow, and real estate portals record a nationwide increase in prices and sales. For example, in April, prices increased by 10% year-on-year in most provinces of Spain. Despite the state restriction on revaluation of the lease agreement at 2% until June 30 (part of the government's anti-crisis plan), market prices for the sale and rental of real estate continue to grow rapidly. According to the latest data from the Spanish National Institute of Statistics (INE), the Competitiveness Guarantee...

From January to April of this year, there was a significant increase in housing prices in Barcelona and Madrid. Although a slight slowdown is expected in the summer, from September until the end of the year, growth is expected to return to an upward trajectory again. In 2021, Spain's real estate sector is recovering from the COVID-19 pandemic. But, in total, about 674,000 residential houses were sold in Spain last year. Of these, 9% were in Madrid and Barcelona. Controlling the growth of rental rates in Barcelona has instead...

More foreign nationals are choosing real estate in Spain for profitable investments, seasonal holidays and permanent residence. The country is attractive not only for its comfortable climate but also for its high standard of living. We'll take a closer look at what awaits visitors in Spain and how difficult it is to adapt to local traditions. Content: Spain for foreigners Pros and cons of moving to Spain

According to information provided by Idealista, the real estate company and web portal, buying residential real estate in the city of Segovia is a good investment strategy if an investor is interested in getting the highest yield. A detailed analysis of the local property market has shown that the majority of requests for apartments come mainly from current and future university students. In some cases, students are forced to share housing with other students in order to be able to pay the high fees charged by landlords. ...

Lleida is the capital of the province of Lleida and provides the cheapest residential property for sale in Spain. In April 2022, the average price per square meter in the city was 1,065 euros. This is reported by Idealista, the real estate portal, in the latest report about the residential property price index in the country. The second cheapest metropolitan city in Spain is Murcia, with an average price of 1,080 euros per square meter. Murcia is followed by Avila with a price of 1,082 euros per sq.m. ...

Purchasing a home near the Sardinero beach in Santander, Cantabria, will cost more than buying a home near the Sagrada Familia in central Barcelona, the world's largest unfinished Catholic church. According to a study by iAhorro, a mortgage consulting company, in the first case, the house price is at the level of 4,730 euros per sq.m., while housing near the temple costs about 4,470 euros per sq.m. Only a small number of people can afford living in an elite area. However, if houses in the central districts of large cities and...

The Autonomous Community of Madrid shows a stable growth rate. In 2021, it reached 6.5% and strengthened the community's position as the leading economic region in the country. Generally, the community provides about 20% of the national GDP. The region is the main destination for companies, investments, and the population. Speaking of population, since 2000, the number of residents has increased by more than 1,500,000 people, reaching approximately 6,751,000 in 2021. This represents an increase of 30% during the indicated period...

Amenabar, a Spanish Basque real estate developer, is launching a new project in La Moraleja, one of the most expensive residential areas in Madrid and Spain in general. The new residential development "The Garden — La Moraleja" includes 188 luxury three-, four-, or five-bedroom houses. Each unit has a large terrace and a private garden. 18,000 sq.m. of green areas and public places will be equipped with 2 outdoor swimming pools, a gym with an outdoor space, a sauna, a spa, a gastronomic lobby, a recreation area with a gazebo,...

The rental rates of residential premises continue to rise in most parts of Spain. According to Idealista, the real estate portal, the average rent level around the country increased by 1.3% for a month and by 2.3% quarter by quarter. It reached approximately 10.9 euros per sq.m./month. Also, in April 2022, 18 provincial capitals recorded the highest rental prices on record in southern Europe. The districts that set a new record are the following (rough calculation in euros per sq. m/month): Vitoria — 10.5 euros; Cadiz and...