News and articles, page 70

Life in Spain is a cherished goal for many foreigners. However, to stay in the country for a long time, you must apply for a residence permit. Registration and obtaining a residence permit in Spain is a serious and complicated procedure. What information do applicants for a residence permit need to know?   Content: What is a Spanish residence permit? Benefits of obtaining a residence permit in Spain

The latest data of real estate market issued by Eurostat illustrate the faster growth of sale and purchase prices rather than rental payments. Backward, starting 2010 to Q3 2021 rental payments in the European Union have grown at 16%, while sale and purchase prices soared at 39%. Similar is the situation in Spain. Sale and purchase prices declined at 0,5% while rental prices increased by 5%. Since the economic crisis in 2008 when the real estate soap bubble burst out, housing prices in various European countries stated showing...

Real estate in Spain has a wide range of properties. Local developers offer high-quality construction, a variety of plans, and the fulfillment of any customer’s wishes. When buying real estate in Spain, it is possible to purchase furnished housing, ready to move into and equipped with all the necessary appliances. Many buyers have a choice: What to buy – an apartment in Spain with or without furniture? Are we interested in buying a furnished house? What are the advantages of buying a house...

At the moment, the government is planning to admit the draft law on housing ownership rights stipulating possible price intervention in the real estate market. The real estate sector declares the problems of Spain and increase in prices to come from the lack of offer. Limits on rental payments lead to the shortage of offer in a way it happened in Barcelona. The capital returned to breaking record increase of rental prices in 2021, despite the Catalonian law establishing limits of rental prices acting since September 2020 года, while...

Director General of Sociedad de Tasación Juan Fernández Aceituno has introduced the new trends in real estate market in 2022 at the press conference for media representatives: The Spanish economy is to recover in 2022 should at least four factors are to be confirmed: improving the situation at a labor market, increase of consumption, release in supply chains, slowing of hospitalization cases and reduce of deaths caused by pandemic. The overall ups and downs of these indicators will drive the economy and define the progress at...

Insular real estate market finished 2021 demonstrating apparent signs of recovery. Prior to November, 8,200 sale and purchase deals were stricken, reaching 9,000 transactions in December, exceeding the results of the previous year by 30%. According to the data of Notary General Counsel, the figure sends us back to the indicators of the year of 2008. “The market is very dynamic”, Rafael Bello, the broker of Remax Arcoiris, is quoted as saying. As Mr Bello comments, such dynamics is explained by easy access to funding by banks, coupled...

The statistics of real estate transactions in Spain have been published for December 2021. The market's leaders and outsiders Property sales increased by 17% in December of 2021 compared to December 2020. In just a month, 48,119 real estate buying and selling transactions occurred. The most significant increase in transactions was recorded in the Balearic Islands (76.1%), Andalusia (50.8%), and the Canary Islands (48.7%). The smallest growth is among the regions of Aragon (3.9%) and the...

After spending a lot of time in Spain, many people think about buying a car. Spanish law allows foreign nationals, both residents and non-residents, to purchase a car in the country. According to the General Directorate of Traffic, about 861,000 cars were sold in Spain between January and December 2021. The market is full of dealers offering various new and used cars. Although buying personal transport in Spain is a quick and easy procedure, there are some nuances. This article will help you learn more about the features of buying,...

The outbreak of the pandemic in Spain has slowed down online activity in the real estate sector, which reached a very high figure in the first quarter of 2020. Last year's economic recovery once again contributed to the growth of e-commerce in the real estate sector, which grew by 60.4% year-on-year from April to June, exceeding the figures before the pandemic for the first time. The growth of the real estate sector in the second quarter of 2021 increased by 13.7%, to 13,661 million euros, compared to the same period in 2020. The...

Consulting company, Knight Frank, presented a rating of cities, where it is clear that the leaders in the growth of real estate prices in Spain are the following: Malaga (7.6%) Seville (3.9%) Valencia (3.4%). It occupies positions 83, 115 and 119 in relation to the highest growth in the world. In two other Spanish cities (Madrid and Barcelona), the growth was 2.9% and 1.3%, which allowed them to take 121 and 136 places in the ranking. «What happens next will depend on the speed at...