News and articles, page 67

Senior Living; A new type of housing for the elderly
Senior Living; A new type of housing for the elderly

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2022 is a time of change in Spain and the world. The global pandemic taught humanity new lessons, values and insight into the younger generation. Advanced technologies and communication systems are now the main tools of this new era. Innovations in the housing market are connected to new ways of life. It’s now considering the whole population’s different housing needs. One of these is Senior Living or housing for the elderly. We’ll tell you what this is and why it’s profitable to invest in housing for the elderly. ...

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Auctions of cheap villas and penthouses in Spain: apartments’ prices start from 10,000 euros
Auctions of cheap villas and penthouses in Spain: apartments’ prices start from 10,000 euros

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The Official State Gazette (Boletín Oficial del Estado - BOE) publishes auctions with low-priced real estate offers weekly. In addition to that there are plenty of other resources where you can find properties at a very cheap price. In particular the section of the Idealista web page contains a wide real estate selection with very affordable starting prices that users can bet on. It is very easy to participate in these auctions since all information about real estate agencies offering these units can be found in the description of...

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Foreigners start buying property in Spain again: Balearic and Canary Islands show sales growth
Foreigners start buying property in Spain again: Balearic and Canary Islands show sales growth

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Increased demand among foreigners in the housing market was registered in the last quarter of 2021. At the same time foreign citizens purchased 12.6% of all properties for sale in Spain. And again the British have the top amount of real estate purchases overtaking the Germans. The Balearic Islands, the Canaries and Valencia are the territories with the highest share of non-resident’s ownership. "During the second half of last year the health situation’s control with increased mobility between countries meant the return of...

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Where to buy a rental property in Spain?
Where to buy a rental property in Spain?

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The most profitable cities, districts, and neighborhoods Housing in Spain has often been a main investment attraction. Investors buy homes for themselves or to rent out and make a bit of money. The housing market in Spain is growing. so many wonder if it’s the right time to invest. Another important question is where to buy rental real estate that’ll make good returns. The profitability of rental housing in Spain in the third quarter of 2021 was 6.4%. This is 1.2% more than 5 years ago. his was 5.2% In 2016 and  4.3%...

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A house by the sea: Where can you buy a house in Spain to escape winter
A house by the sea: Where can you buy a house in Spain to escape winter

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Would you like to spend winter in a warm country but not in hot Southeast Asia? Are you looking for a more temperate climate? A great option is Spain. In this article, you will learn about the best Spanish regions with comfortable temperatures where there is no sweltering heat or frost in winter. Content: Malaga Canary Islands Melilla Ceuta Alicante

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52,684 housing units sold in Spain in January 2022
52,684 housing units sold in Spain in January 2022

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The statistics of real estate transactions in Spain for January 2022 have been published. Leaders and outsiders of the Spanish property market According to official information, the sales of Spanish real estate grew by 31.01% in annual terms. In January 2022, 52,684 buying and selling transactions were carried out in the country. The most significant increase in the number of transactions compared to January of 2021 happened in La Rioja (plus 60.6%), the Balearic Islands (53.5%), and the Canary...

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6 most luxurious and expensive villas in Spain and the world
6 most luxurious and expensive villas in Spain and the world

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Inaccessible to ordinary people, these villas are unique and original properties. It is not difficult to understand why such villas, in their luxury and cost, are available only to a small number of wealthy people. It is necessary to carefully consider what they are. 3 most premium villas in the world Villa Aurora is the most expensive residence in the world. The five-century-old building is located in Rome, consists of 6 floors and, with all the adjacent spaces, covers an area of 30,000 square meters. ...

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City, suburb, and province: Where to buy more and why?
City, suburb, and province: Where to buy more and why?

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During the pandemic, quarantine, and self-isolation, many people realized that their small apartments in cities are not such a comfortable place to live. This has generated a demand for more spacious apartments and houses — real estate in the suburbs or the provinces. How high is the growth in real estate sales outside of cities? Where can you buy more and why? In 2020, buyers' preferences shifted to spacious single-family homes on the outskirts of major cities. But in 2021, there was no such situation. ...

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The secondary residential real estate market starts the year with a drop of 0.3% in January
The secondary residential real estate market starts the year with a drop of 0.3% in January

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According to the real estate price index from the Madrid company Idealista, the secondary residential real estate market in Spain experienced a 0.3% drop in prices in January 2022. On average, the price per square meter of real estate decreased to 1,824 euros. In annual terms, in major cities such as Barcelona and Madrid, secondary-market property prices have declined by 1.3% and 1.6%, respectively. However, in general, the annual price growth in the country amounted to 2.1%. The situation in autonomous communitie...

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Renovation of housing increases its cost by 35%
Renovation of housing increases its cost by 35%

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Thanks to the development of housing reconstruction funds and urban renovation in 2022, a new type of player appeared on the real estate market — reconstruction agencies. "Reconstruction agencies are responsible for managing the reconstruction process. Organizations work on the principle of "one window", so both individuals and large companies can do business with one contractor from start to finish," explains Eva Cuesta, Managing Director of Acerta. She notes: "Despite subsidizing the activities of agencies by funds, clients...

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