News and articles
-
Picasso, a leading real estate platform that implements the concept of co-ownership of luxury real estate, has launched an international expansion plan. For these purposes, the company has chosen Spain, namely the Costa del Sol, where it will sell luxury villas. In September, the Silicon Valley company announced $125 million in funding from...
Read more -
In 2021, the state and city administrations commissioned residential facilities in the amount of 840.1 million euros. 81% was for new construction, and the remaining 19% was for reconstruction. The growth of tenders In 2021, there was a significant increase in tenders for public housing. The organizers of such tenders were the administrative...
Read more -
In any real estate transaction, the buyer must know the property conditions, its market value, any legal parts of the transaction, and the ins and outs of the taxation system. But, not all buyers have enough experience and knowledge. To avoid unpleasant surprises and unexpected expenses, many people do an inspection before buying a home in Spain...
Read more -
Murcia district has become one of the most inexpensive autonomous communities in terms of housing prices (1,071 euros per square meter). Only Extremadura is cheaper with 940 euros per square meter. From this point of view, prices for secondary housing in Murcia fell by only 0.1% in January. As for the provincial capitals, the city of Murcia also...
Read more -
The valuation company Euroval has published a report called «Minimum and maximum housing prices», which confirms that housing prices in Spain continue to show a noticeable territorial spread, regardless of whether the cheapest and most expensive house prices are considered in the purchase and sale market. According to the appraiser, the average...
Read more -
How much does it cost to rent a house in Spain? For a typical house with an area of 90 square meters, the price of which is EUR 169,020, and the average monthly rent is EUR 898, the owner received EUR 10,776 per year, which gave a yield of 6.38% from renting out the asset at the end of 2021, according to the data of Ріѕоѕ.сом. That is, it is the...
Read more -
Cohousing or cohabitation in Spanish is a way of living in which spaces such as a kitchen or recreation areas are shared by the residents of the house, although each person has their own personal space or home. In its Public Housing Plan for 2022-2025, the Government has included a special assistance program for this type of joint and cooperative...
Read more -
Spain is undergoing significant transformations in the real estate sector, where there is a period of rising housing prices. The cost of second homes on the market in 2021 on average in Spain increased by 2.8%. This growth looks like it will last for many more years. While on the other hand, the cost of renting housing in 2021 decreased by 3.6%....
Read more -
In 2021, the real estate market in Biscay was characterized by price stability. In 2022, the price increase may be less pronounced than expected by analysts for Spain as a whole, which they estimate at about 2% or 3%. The cost of secondary housing in Biscay remained stable throughout 2021, in contrast to the 2-3% increase in prices for new real...
Read more -
The new Public Housing Plan for 2022-2025 outlines medium- and long-term goals to increase the number of public housing units, especially for social and affordable hiring. Let's look at the main theses of support programs and find out who will be able to take advantage of subsidies. Boletín Oficial del Estado (BOE) published Royal Decree 42/2022...
Read more
