News and articles
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With a price tag of almost 4,000,000 euros (approx. 3,999,990 euros to be exact), this house was the most expensive home for sale in the city of Vigo. The current owners have reduced the price of the property by 30% (by 1,200,000 euros), and now the mansion costs 2,800,000 euros. This is a unique stone mansion with a stunning view of the Cíes...
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The pricing of Spanish apartments is affected by many things like its location, size, economic development of the area, age, and market condition (the supply and demand of real estate). Other factors like the interior, recreation areas and amenities also play a part. Let's look at all of this in more detail. Content: The features that affect...
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New buildings are unmatched in popularity in Spain’s real estate market in 2021. After the lockdown, Spaniards began looking for housing that best suited their new needs of spaciousness and being away from noisy cities. How will the primary real estate market change in 2022? Can the coronavirus stop the construction of new residential complexes?...
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The main question of recent days for wealthy citizens around the world is whether they should rush to invest in European countries in order to have time to get «Golden Visas» while such an opportunity still exists. What is waiting for this investment instrument in general and how will the Spanish government react to it? Many members of the...
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Many people dream of a house on one of the Spanish coasts. But not many people believe that buying a property in Spain on the first line of the sea can become their reality. The local market has many «beach» properties at relatively affordable prices. Content: What is the «first line» Advantages of buying a resort property in...
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When the pandemic started in Spain, many more people started buying housing remotely. Spanish developers began using the most advanced technologies in their sales to attract customers. This article will take a look at the ins and outs of buying Spanish real estate remotely. Content: Remotely purchasing Spanish real estate: how does the process...
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Despite the fact that Europeans accounted for a small share of the purchasing base of the residential real estate market in Spain, and their number has been steadily declining since 2012, they played a big role in the market of the most expensive and premium real estate. The share of Europeans among foreigners buying housing in Spain was about 2%...
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According to the report of the National Institute of Statistics of Spain (INE), published on Friday, in 2021, average prices for residential real estate increased by 3.7%. INE experts paid special attention to the fact that the prices of new properties that have just entered the market have increased by 4.6%. This is the lowest price increase...
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The Government of the Canary Islands has announced the allocation of an additional 30,000 euros to help people who lost their main home as a result of a volcanic eruption in Palma. At the same time, an additional 10,000 euros will be allocated as a direct payment from the cabildo («municipal council») in Palma. All this is in addition to the...
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The data show that the needs of Spanish market are numerous, but most of all it lacks housing for the rental market. An acute disadvantage. By 2030, the country needs to create 1.2 million new residential properties to close the supply deficit. The consulting agency Savills points out that in most cases the housing offered for rent is old housing,...
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