News and articles, page 66

While Russian citizens are not the large category of buyers in the Spanish real estate market, Spain itself is the favorite place for wealthy Russians. Russian citizens take about 4% of the total foreigners number in Spain. These people are mostly either rich Russians or the wealthy middle class. Both categories choose Spain to purchase the "second home" and for direct investments. Russians made 350 real estate transactions in 2021. The information above is reflected in reports of the Spanish Institute for Foreign...

In February, the price of secondary market housing decreased by 0.6% to 1,814 euros per square meter. Thus, prices in Spain have been declining for the third month in a row, according to the real estate price index of Idealista, the leading real estate sales company in Southern Europe. The February 2022 figure is 2.4% higher than in February last year, but 11.6% lower than the historical maximum. Autonomous Communities (AC) AC is the largest form of territorial division in Spain. There are 17 autonomous communities...

Last year, 6 out of 10 families considered making changes to their property or repairing it. Whether it is self-isolation or the transition to remote employment, Spaniards began to spend much more time in the walls of their home than before, which became a motivation to think about improving the comfort and quality of living. These sentiments were reflected in the statistics, as 70% of respondents said they were ready to spend from 1,000 to 15,000 euros to upgrade their homes. ...

The manufacturer of modular (prefabricated) houses continues to rely on e-commerce giants such as Amazon and Aliexpress for the distribution of its products. Usually, the offered product is quite typical and traditional in its execution, but recently the catalogues of manufacturers have begun to be replenished with more extravagant offers. Take the example of Sears Roebuck & Co catalog and let's start with the cheapest option. Multiventana house for 2,505 euros ...

EL PAÍS and the international auditing and consulting company KPMG have agreed to organize a conference for experts in the field of real estate and construction. The purpose of the event should be to discuss problems, as well as new opportunities in the rental market. Nowadays, the real estate market is experiencing some crisis. After two years of uncertainty, many investors have returned to the market in search of safe, guaranteed income instruments and they expect to see new approaches on the market that meet modern...

Many foreign real estate buyers consider Spain a safe place to invest in. The Spanish market’s results show that it’s a good idea to invest in property here. What do experts predict for the Spanish housing market in 2022? We'll list some answers in this article. Content First forecast: Spanish property prices continue rising Second forecast: New Spanish buildings drive sales Third forecast: Barcelona and Madrid become less...

According to a survey by Vía Célere 65% of Spaniards rate the sustainability of their homes as the top choice. The respondents states that they are ready to pay more if this money is converted into a healthier and more eco-friendly place of living. Overall 41% of the respondents prioritize sustainability in the process of housing construction. 53% of the respondents view and value the importance of sustainable housing, although they do not put this criteria first. Only 6% do not care about ecology at all. ...

Recent housing market data by Eurostat tells us that housing prices in the European Union (EU) increased faster than rent. From 2010 to the third quarter of 2021, rent increased by 16% and housing costs by 39%. But Spain showed almost unchanged prices. In this decade, housing prices fell by 0.5% and rent increased by 5%. Eurostat also showed that housing prices in the EU rose by 9.1% year-on-year only in the third quarter of 2021. This is the highest growth since the second quarter of 2007. The agency’s in-depth historical analysis...

The country offers thousands of places for those who want to spend time in Spain There you can disconnect from the outside world for a few days and get the most out of it. Some of them are famous, but others deserve even more attention. Antonio Puente Mayor created a list of these places for his guidebook. It is called “España inédita, 100 lugares fascinantes que debes conocer” ("Unreleased Spain, 100 fascinating places you must visit"). This list is offered for those who want to expand their horizons or see Spain from a different,...

The dynamics of sales and purchases led to the decreasing of the affordable housing stock by 7% in the last quarter of 2021. Idealista, one of the leading real estate companies in Southern Europe, analyzed the situation in comparison with the same period in 2019. In Spain the supply of affordable housing units was lower by 2% during the last quarter of 2021 compared with the same period in 2020. In Madrid the supply decreased by 11% over the past 12 months, while in Barcelona the decline was 2%. ...