News and articles, page 69

Murcia has entered the top areas with cheap real estate

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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...

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How to inspect a property in Spain before buying it

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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...

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The average price of the most expensive houses exceeds EUR 400,000 in the Balearic Islands, Madrid, Gipuzkoa, Malaga and Barcelona

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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...

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Which autonomous communities offer the best rental income?

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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...

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What is «cohousing»? The model of joint housing construction to which the Government is committed

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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...

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The price of real estate is rising, while rental prices are falling

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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%....

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Prospects for the development of the housing market in Biscay in 2022

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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...

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Housing plan for 2022-2025: assistance in increasing the number of public apartments in Spain

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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...

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A rent agreement for a period of less than a year. Is it even legal?

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Renting a house in Spain is very common, especially among young people who do not want to depend on their parents. But it is also not uncommon for a lease to be granted only for a certain period of time, for example, while studying at a university or for temporary work. However, when concluding a contract of this type, there are many doubts if it...

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Real estate subsidies in Spain: support for developers

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Recently, the government of the country approved a subsidy for rental housing for young people in the amount of EUR 250 per month. The allowance will be received by young people aged 18 to 35 years, whose income is less than EUR 24,300. EUR 200,000,000 will be spent on the implementation of this project this year, as a result, about 70,000...

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