News and articles, page 57

The City Council of Lugo has presented the building renovation project in O Carme, the heart of the Camino Primitivo district in Santiago de Compostela, with the aim of turning it into Spain's first "creative coliving" municipal project. This project should mark Lugo as one of the best places for creative development, providing with an opportunity for coexistence for a variety of creative personalities and the development of new directions in art. In order to develop this "coexistence" of creative professionals, Lugo City...

In 2022, the Spanish logistics real property sector will maintain the good pattern of economic development set last year. In particular, experts from the real property consulting agency Knight Frank expect that the sector should receive about €2 billion of investments this year for its further development. The growing integration of Spain into the Trans European Network – Transport (TEN-T) is among the numerous factors supporting the positive outlook for the sector. So, last year it was announced that Spain intends to...

According to the analysis report "Perfil del comprador de obra nueva" (transl. "Profile of a new property buyer"), prepared by the real property portal Fotocasa, it became known that in the last 12 months, there were three buyers of a new-builts for every 10 buyers of residential property in Spain. In view of this, the question arose why interest in this type of real property suddenly increased? It follows from the report results that the main reasons to buy a new housing were: the basic desire to improve current living conditions;...

Restrictions on labor movement, high construction costs, and a global lockdown have left their mark on the real estate market in the Canary Islands. They, as well as other Spanish coastal regions, suffered from declining sales during COVID-19. Slowly, the situation is returning to pre-pandemic levels. Property developers are starting to take on projects again but they still suffer from a lack of foreign demand. This is very important for the islands. Content:

You need to consider some things when selling your Spanish real estate like how to evaluate the property, pay taxes, and make the sale process as short as possible. In the age of advanced information technology, you can sell real estate in Spain remotely. In this article, we’ll take a closer look at the major stages of selling Spanish housing from abroad and how a foreign national can do this without having to travel to the country. Content: The main stages of selling Spanish real...

You can dream for a long time and for free, but when a person has the opportunity to realize his dream, he should not hesitate. Anyone can become the owner of one of the apartments in Asturias for a minimum price. The future buyer can renovate and redevelop 2- and 3-room apartments. The most pleasant is their prices, which range from €11,500 to €39,000. You can see the best offers below. Apartment in Aller for €11,500 The 51 m2 apartment, located on the first floor, is waiting for the future owner, who will turn it into his...

Housing prices continue to rise, and Euribor’s 12-month rate increase, which was positive for the first time since February 2016, does not help those who are going to apply for a mortgage. According to the latest research by Tinsa IMIE General and Large Markets, the value of real estate increased by 0.4%, bringing the figure to 6.4%. Due to this situation, people who want to buy a house as soon as possible and not suffer from price increases should choose a property owned by a bank. This is one of the easiest and most economical ways...

Content: New buildings on the coast of Costa Blanca Housing and new construction projects in Costa Blanca Almanzor Adosados Sunset Waves Apartments, Benidorm Green 12 Delfin Tower New buildings on the coast of Costa Blanca Costa Blanca is a profitable choice for international real...

The influx of international companies investing in Spain continues. Last month, Iroko Zen invested €14 million to buy two logistics assets in Madrid and Bilbao, but now Inovalis is betting on the country to replenish its real estate portfolio. The company has closed a deal to purchase an office building in the Madrid municipality of Alcobendas from Merlin Properties for €31 million. The building is located at 9 Calle Francisca Delgado, in the Arroyo de la Vega Business Park. The area is 10,890 m2 and includes 250 parking spaces. The...

The Spanish real estate market continues to recover after a long stagnation caused by the COVID-19 pandemic, and to reach heights not seen since the 2008 crisis. Last year, 655,460 residential properties were sold, which is 39% more than in 2020. This is the highest figure since 2007, when the national real estate fever came to an end and almost 790,000 houses were sold, according to the records of the General Council of Notaries. The increase in purchases by foreign buyers plays an important role in the revival of the sector. Last...