News and articles, page 59

Foreigners account for 16.3% of luxury home sales in Spain: Balearic and Canary Islands in the spotlight
Foreigners account for 16.3% of luxury home sales in Spain: Balearic and Canary Islands in the spotlight

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The luxury real estate sector in Spain began to actively recover after the most difficult months of the COVID-19 pandemic in 2020. But there was a really sharp increase in the number of transactions in 2021. It also became known that foreigners account for a significant share of premium home purchases in Spain — 16.3% of the total. The Balearic and Canary Islands have a higher share, with 43.5% and 31.6%, respectively. These data were obtained from the VIVA Sotheby's International Realty report. ...

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Online property tour to Spain
Online property tour to Spain

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Online property viewing tours are a great alternative to trips to Spain when buying property. Spain-Real.Estate provides a virtual tour to properties offered on our website. Content: Buying property online Online viewing tours for Spain-Real.Estate properties 3D videos and video calls Real estate virtual tour options Arranging an online tour

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Home sales in the secondary market of Talavera increased by 3.5% over the past year
Home sales in the secondary market of Talavera increased by 3.5% over the past year

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Sales of houses on the secondary market in Talavera increased year-on-year, although they showed a decrease on a quarterly basis. The city follows a trend at the national level: a noticeable increase over the past 12 months, but a decrease in the first quarter of 2022. The data below was provided by the Idealista real estate portal. The organization also collects data on annual, quarterly, and monthly market developments in major Spanish municipalities. Looking at sales trends by district, the Old quarter grew the most, with...

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The demand for booking holiday homes in the Costa del Sol soared by 200%
The demand for booking holiday homes in the Costa del Sol soared by 200%

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Experts analyzed the latest trends in the Spanish real estate market during the Easter holidays. The demand for booking holiday homes increased by 7% compared to 2021 and by 10 compared to 2019. Over the next 15 days, real estate in such Mediterranean regions as Costa Blanca, Costa Brava and Costa del Sol will be the most sought-after. With Andalusia and northern Spain, these locations had over 50% of house bookings. Although the number of bookings made by Spaniards decreased slightly compared to the previous year, the demand...

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In Spain, interest in real estate investment increased by 400% over the past six months
In Spain, interest in real estate investment increased by 400% over the past six months

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The situation in the Spanish real estate market offers many opportunities for both expatriates and investors. The pandemic, combined with the turbulent macroeconomic and political climate, has increased the level of uncertainty. Despite this, the demand for housing has skyrocketed, while the supply has remained the same stable. In the first 3 months of 2022, prices for secondary real estate in Spain have risen. The size of the quarterly growth was 0.3%, and the size of the annual growth was 0.8%. As a result, investors' interest has...

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59,272 residential units sold in Spain in March 2022
59,272 residential units sold in Spain in March 2022

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Statistics has been published on real estate transactions in the territory of Spain in March 2022. Best and worst performers According to the official data, real estate sales grew by 25.6% year-on-year, reaching the number of 59,272 transactions per month. According to INE, this is the best performance since January 2008. Autonomous communities with the highest annual increase in the number of real estate purchase and sale transactions in March were the Balearic Islands (plus 99.5%), Valencia...

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Spain is recognized as the most attractive country for real estate investment
Spain is recognized as the most attractive country for real estate investment

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In the coming years, the Spanish real estate market will continue to develop and offer new investment opportunities. According to Inmsa Real Estate, this is the most attractive country for investments in residential and commercial properties. Mariano Capellino, CEO of a real estate investment management company, says that investors should take into account the difficult situation as a result of the military conflict in Ukraine. Some countries have suffered more, others less. There are those who have benefited economically. This is...

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Myths about buying property in Spain
Myths about buying property in Spain

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The more famous a country is, the more myths there are about it. Spain is no exception. For many years, Spanish real estate has been in great demand among the citizens of Russia, Ukraine, and Belarus. Some myths about the local market leave buyers indifferent while others lead to disappointment and surprise. Let's look at the main misconceptions that need to be dispelled before you choose property in Spain. Content: Refusing intermediary services will help...

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The growth of real estate prices in Spain is slowing down
The growth of real estate prices in Spain is slowing down

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Property prices in Spain continue to rise but show signs of slowing down. Experts believe that a period of stability will come, and it will last until the economic uncertainty, aggravated by the war in Ukraine, disappears. According to the latest data published by Tinsa, primary and secondary housing prices have risen by 6.8% since March 2021. But they have increased by only 0.3% since last month. This trend is typical for the whole of Spain. Annual growth ranged from 5.9 to 8% in all areas, from large cities to coastal provinces....

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Profitable investment in real estate in Malaga
Profitable investment in real estate in Malaga

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Buying a property is a profitable investment. In the case of the first housing, it provides the buyer with a roof over his head, and he will own it after paying the mortgage. Subsequent investments bring short-, medium-, and long-term profits through leasing and resale. Is it profitable to buy real estate in Malaga? The answer is ’Yes, it is,' according to experts. Recently, the Fotocasa portal has published a real estate rental price index in Spain, and Malaga is one of the provinces with the largest increase in rental prices over...

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