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The recovery of the real estate sector after the pandemic in Alicante has passed with lightning speed. Sales turned out to be so good that the province became the leader among the provinces of Spain in sales of residential real estate in 2022. About 60,000 transactions were concluded, which was the highest figure since 2007. The main buyers were foreigners, by and large Europeans. The focus is on the secondary residential market. Prices have increased both in the capital Alicante and in the tourist areas of the province. Among the...

The Bank of Spain today pays special attention to ensuring that new mortgage loans issued by the country's financial institutions are not provided at too low interest rates, trying to return the demand for credit resources. The central bank is concerned about the potential unprofitability of such practices. The Bank of Spain found that rates on new loans, which averaged 2.91% in December and 3.54% in March, suddenly slowed their growth. They began to grow more slowly than the key rate. Because of this, the spread between them...

One of the most significant financial investments in a person's life is buying a house. It requires a lot of time, effort, knowledge and, of course, savings. The latter, even with affordable loans, will require many years of accumulation. According to a study by the InfoJobs platform and the real estate price index from the Fotocasa portal, in 2022 the average period required to accumulate money for mortgage payments was 6.7 years or 81 months. In 2021, the average term was 6.2 years or 75 months. This is even less than in...

According to the European Mortgage Federation (EMF), in the first quarter of 2023, Spain became one of the cheapest countries in Europe to open a mortgage loan, along with Portugal and France. The latter is closest to Spain, in the latter the average interest rate on a mortgage loan is at 2.67%, while in France this indicator is at 2.5%. Spain has been below the continental average for several quarters. For example, in the third quarter of 2022, the average European level was 3.48%. Spain was 42% lower than this indicator, featuring...

Experts of the Spanish analytical agency DBK note that the number of housing facilities for the elderly on the market is growing, despite the fact that this segment of the market is at the initial stage of its development. The industry of such housing received a serious blow during the pandemic, supply growth has decreased and the employment of premises has decreased, but now this market is apparently recovering. About 63% of housing for the elderly are apartments of free development, that is, private facilities that are sold at...

In recent years, the trend of real estate construction and alternative residential real estate assets has been gaining momentum in Spain. We are talking about a wide variety of projects, from general type colivings to housing for the elderly. Social housing and flexible living spaces are one of the promising areas of development for the market today. According to an analysis conducted by the consulting company Activum, up to 77% of the total supply of this type of housing in Spain is located in Madrid and Barcelona. Specifically, the...

Malaga, along with Barcelona and Madrid, tops the list of the most expensive Spanish cities to build, according to the report "International Construction Costs in 2023" (ICC), which analyzed the 100 largest cities in the world on six continents. In the world ranking, the first three places are occupied by Geneva (Switzerland), London (UK) and New York (USA). They are followed by San Francisco (USA), Munich (Germany), Hong Kong (China), Copenhagen (Denmark), Boston (USA), Zurich (Switzerland) and Philadelphia (USA). Barcelona, Malaga...

Coworking spaces are gaining more and more popularity in the real estate market of Valencia and its metropolitan community region in particular. The flexibility, quality and comfort they offer both in terms of space used, as well as in terms of tariffs and prices, makes them an increasingly attractive alternative to traditional office buildings. The promotion of the remote work format and flexible employment system led to an increase in demand for offices of this type, which sparked a special appetite among real estate investors. ...

Spain is one of the most popular countries among buyers of foreign real estate. Its diversity allows everyone to choose a place that is ideal for him according to climatic conditions and lifestyle. To help navigate the local housing market, we have prepared a list of the best cities to buy real estate in Spain in 2026, considering the most popular regions of the kingdom. Content: Costa Blanca Alicante

A few weeks ago, the General Council of Notaries of Spain published a study according to which Asturias turned out to be one of the most favorite regions of the country for buying housing among foreigners. In the second half of 2022, the number of home purchase transactions on their part increased by 34.7% year-on-year. In the second half of 2022, 633 real estate sales to foreigners were registered in Asturias and this is the 5th half of the sales growth in a row. One of the reasons for the interest of foreigners is that the...