News and articles, page 54

The Rebuild technology fair, designed for cooperation between professionals in the Spanish construction sector, has completed its fifth iteration, breaking the record for the weekly number of participants: 17,344 visitors and 372 participating firms. 581 international experts were gathered at «National Congress on Architecture 4.0», and the total economic effect of the event for Madrid reached 37 million euros. According to the organizers, the current event was dedicated to the challenges facing the Spanish construction...

Work on the construction of a new residential complex of apartments for rent has begun in Machu Calderon, one of the most sought-after areas of Madrid. It was being developed by Vivia company (Grupo Lar) according to a turnkey housing plan from Pryconsa, acquired last fall. The complex will include 273 premises for rent, the building will be under the responsibility of the management company of the joint venture Grupo Lar and Primonial REIM. Information on the project was provided exclusively to the news department of the...

In April 2022, the average price level for secondary market housing in the autonomous community of Murcia was 1,075 euros per sq.m. The result of April is 1.13% higher than that recorded in March this year. And thus, Murcia ranks at the rate of price growth in Spain. In annual terms, growth in Murcia reached 5.04%, which places the region in fourth place in the country in terms of growth rates. Data on the real estate market of Murcia for April were presented in the monthly report on real estate prices of Pisos.com. ...

In the period from April 2021 to April 2022, average house prices from the secondary market of Aragon increased by 3.52%. In real figures, a square meter of living space cost about 1,339 euros last month. On a monthly basis, prices rose by 1.01% from March to April. The figures were provided in the monthly market report from the real estate portal Pisos.com. In terms of residential real estate prices, Aragon has become the eighth (8) cheapest region in the country, in particular, behind the autonomous community of Extremadura...

The growth rate of housing prices in the secondary market remains at the same level as they were at the time of the publication in April 2022 of the report on the sector from the real estate portal Idealista. The company's report indicated that at the national level, the increase in prices for secondary housing in April was 1.5%. Granada turned out to be slightly above the general average for Spain in its indicators, but below the indicators of Andalusia and Malaga, both with an increase of 2.1%. ...

Benidorm is the tourist destination of Costa Blanca in Spain. The unique appearance of the city, multiple entertainment establishments, luxurious real estate, exclusive restaurants, and pristine beaches, all invite wealthy tourists to enjoy their holidays here. Foreign investors are more likely to purchase a property in Spain at this resort. In our article, we will discuss the pros of buying elite real estate in Benidorm. Content:

According to the Spanish Organization of People Affected by Squatting, more than 120,000 Spanish houses have already been illegally occupied by people from poor, vulnerable, generally homeless, categories of the population. And while squatting leads to objective damage to occupied property, the fight against it, at the same time, will only aggravate the situation with homelessness in Spain and radicalize people to move from simple squatting to house raids. Anyway, squatting remains a real problem for the country, which...

According to the report prepared by the Idealista real estate portal, the city of Getafe (prov. Madrid) again took second place in the ranking of cities in Spain in terms of buyers' interest in purchasing real estate. The report was based on data collected for the first quarter of 2022. The first place in the last quarter was taken by Madrid, the capital of the country, and Getafe has been second in the ranking for two consecutive quarters (approx. from the IV quarter of 2021). The report also highlights that market...

In April 2022, the Valencian Community recorded an increase in the average price of secondary market houses to 1,421 euros per sq.m. This figure is 1.71% higher than a month earlier, in March, and is a record in Spain for the specified period. In turn, the Alicante region showed the second largest growth in Spain, rising by 2.16% in percentage terms at once. Both regions also took the first places in annual growth. Alicante showed an increase of 10.41%. As reflected in the monthly real estate prices report of Pisos.com, the...

Some wealthy Europeans who have residential real estate in Spain have started renting out their real estate, as they cannot visit the country in the current situation. In many cases, these houses are their «secondary housing» or long-term vacation homes. Most often they are located in exclusive, elite urbanizations. Experts point out that Europeans have never been in favor of providing their own for rent, but the current situation requires them to change their habits. They can no longer send and receive funds from Europe, but...