News and articles, page 73

In Spain, a new trend has been observed recently, such as investing in parking spaces. It is assumed that by 2022 the idea will gain even more popularity in the country due to various factors. The most attractive thing for a novice investor here is that you can start with a small amount of investment and quickly get a permanent profit. What cannot be said about investments in real estate. One of the places where you can buy a parking space or entire parking lots is the company Parking Ya!, i.e. a pioneer in a sector with a...

The real estate market in Spain has managed to overcome the consequences of the coronavirus pandemic. Both home sales and prices have already reached the level preceding the onset of the disease, according to an analysis conducted by BBVA. The company predicts that by 2035 the housing stock will grow by about 1.8 million units, which means an average increase of about 120,000 houses per year. «Demand is now more focused on large houses or houses with open spaces, such as terraces or gardens», the report notes. ...

In October, good real estate sales figures were again registered in Salamanca (274 transactions). The annual figure reached 2,584 transactions, which is the best indicator in more than a decade since 2010. It inspires some optimism in the sector with a prospect for 2022. «The dynamics are good and there is hope that the trend will continue next year», says Javier Tamames, President of Aconsa, a construction industry employers association. Manuel Prieto, President of Aescon, points to the pandemic as the main risk for the real...

Plan Suelo 10 is the name of new Aliseda Inmobiliaria campaign. As part of this initiative, the company offers for sale more than 1,300 land plots with an initial payment of 10% and a deferred payment of up to 10 months for the remaining amount. Thus, Aliseda puts on the market land and unused construction sites for various purposes (industrial, commercial, residential) with a total cost of EUR 331,000,000. 1,050 plots are intended for residential use, where about 23,000 houses can be built, according to the company. ...

Avila and its province in Spain are exclusively touristic attractions. It is a well-known fact for many years. The data for 2021 were recently published. It follows from the report that during the year almost 50 properties and 200 beds appeared in the province, which is a good indicator. In the province as a whole, there was an increase in the number of properties from 799 to 847, which is 3.25% more compared to 2020. Avila has the most tourist-oriented real estate (16.7%). There is the following distribution of tourist sites...

Seville City Council has expanded its public fund for affordable rental real estate by acquiring two more properties with a total investment of EUR 135,000. The first property is a house of 60 square meters with two bedrooms and a courtyard, which is located in Torreblanca. The owners inherited it and sold it to Emvisesa for EUR 35,000 as part of SevilleLlena program. Emvisesa has already acquired a total of 62 houses that have been added to the state rental fund. The second property, which is located in the eastern...

After the recession that was observed during the pandemic, 2021 showed an increase in real estate construction, as well as an improvement in the performance of the secondary housing sector, according to Colliers International, a new report by the consulting company. The data provided reflect the same trend at the national level. Seville turned out to be one of the provinces with the highest demand for real estate in Spain. Seville ended 2020 with a decrease in the number of transactions by 22.1% compared to 2019. While the purchase...

The real estate industry predicts an increase in the cost of construction by 8% next year and not only due to an increase in the price of building materials caused by a shortage of raw materials, but also due to an increase in the cost of labor. This is the opinion of the majority of respondents in «Diagnostic report on construction in the third quarter of 2021», prepared by General Council of Technical Architecture of Spain (CGATE) and Royal Institute of Chartered Appraisers (RICS). The lack of workers is the main brake on activity...

The official magazine Generalitat of Catalonia published an announcement of a public auction for the sale of real estate for EUR 19,000,000 (excluding taxes and expenses) owned by UB, which Colegio Mayor Saint Jordi is located. Experts consulted by El Confidencial believe that the university can even double this figure. The auction for the sale of this student dormitory will take place on February 4, 2022, and the deadline for submitting applications is January 14, 2022. The building with an area of just over 8,100 square meters,...

Spaniards continue to direct most of their savings to real estate and not only to buy one house, but also to enjoy a second home or buy real estate in order to generate income from renting. The data provided by the Bank of Spain indicate that in the second half of 2021 in Spain, the growth of real estate prices and rental yields reached 7% year-on-year. In recent months, the inflation has come into play, which according to preliminary data for November is 5.6% and it will be an important variable for the final extraction of...