News and articles, page 77

How has the pandemic affected luxury real estate growth?
How has the pandemic affected luxury real estate growth?

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The luxury real estate sector in Spain is on a solid recovery path. The pandemic has seriously slowed down markets across the board, including freezing deals. However, prices have stuck or increased in most neighbourhoods, major capitals, and coastal areas regarding premium housing. The latest price report from the source Idealista reports that October’s average Spanish house price rose 3.7% year on year. Currently, the average cost of luxury housing per square meter is 4,000 euros. ...

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Move to Spain after retirement - residence permit for retirees
Move to Spain after retirement - residence permit for retirees

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Spain is a country that has everything; a comfortable climate, rich history and culture, and exquisite gastronomy. In addition, the kingdom’s free healthcare system is one of the best in the world. All these conditions make planning for retirement by foreigners in Spain quite a logical and common practice. This step should be very well thought out to avoid hardships in such a vulnerable time when earning new sources of income can become a harrowing ordeal. In this article, we will explain how to retire to Spain and receive payments...

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Lack of building land stimulates consolidation in the real estate sector
Lack of building land stimulates consolidation in the real estate sector

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Neinor Homes’ confirmation of negotiations to buy Vía Célere came as a surprise to the sector. Many analysts have long believed that consolidation is the only possible way forward. Land shortages and the rising construction costs that the industry has been suffering from recently have highlighted the importance of increasing size to approach the development process from a better strategic and economic position. Several of these factors influenced Neinor’s takeover of Quabit earlier in the year. The main reasons were the location of...

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Apartments sale in the province of Cadiz returns to pre-crisis levels
Apartments sale in the province of Cadiz returns to pre-crisis levels

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Apartments sale in the province of Cadiz is not just within the norm; it is out of the norm, as it reaches the levels of business activity observed only before the financial crisis of 2008 when the real estate bubble finally burst. If 2021 started with a good pace of sales, which was knocked down at the beginning of the summer, now September is reaching record levels according to the latest data released by INE. Sales remain ahead of 2020 and 2019 when the pre-pandemic economic recovery was strong. ...

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Who pays the realtor when buying property in Spain?
Who pays the realtor when buying property in Spain?

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Each economic sector requires specialists who know how to perform their duties professionally. Apart from property owners, the leading players are real estate agents in the real estate market. What are their functions, why is it so important to use the services of realtors, and what do they do? We will answer these and many other questions. Content: What is a real estate agent? What is the function of a real estate agent in Spain?

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Opinions of Valencia citizens on the housing issue
Opinions of Valencia citizens on the housing issue

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Every fourth resident of the Valencia region between the ages of 25 and 65 wants to change their place of residence. This desire is most pronounced among young people aged 25 to 35 years: 40% would like to move within two years, 33% - from two to five years, and 17% - after five or more years. According to the latest research by the Aedas Homes Observatory, which analyzes trends and assessments regarding the real estate market throughout Spain, only 10% of young people do not want to change their homes. ...

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Biscay Daily Sales Record - 35 trades per day in September
Biscay Daily Sales Record - 35 trades per day in September

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The real estate market appears to have overcome the effects of the pandemic and is showing clear signs of a robust recovery. According to the National Institute of Statistics (INE), the ratio of sales transactions in September set a record in September, which was last recorded in the market during the brick crisis, when the collapse of the economy caused a fall of more than 50% in both constructions and real estate sales. The figures increased by 40.6% in Spain, but most of all in the Basque Country (55.8%), where Biscay stands out:...

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2022 property market trends and prices in Spain
2022 property market trends and prices in Spain

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There are fewer days until the end of the year. 2021 was marked by a general recovery process, greater mobility between countries, an increase in house sales, the attraction of international investors and a steady decline in rental prices. What will happen in 2022? The housing sector is still dependent on the overall economy and the spread of the coronavirus in the country and the world. According to the analytical company Observatorio Sectorial DBK de Informa, in the short and medium-term, the real estate market has...

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September best selling in Malaga broke 2007 records
September best selling in Malaga broke 2007 records

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The Spanish property market remains strong. Malaga demonstrates exceptionally high sales rates. According to the National Institute of Statistics (INE), the number of transactions in September was 3,218, the highest figure this month since 2007 and one of the highest in the entire historical period. On the other hand, compared to August 2018, the number of sales and purchases decreased slightly (3,246), the first decline monthly since April this year. The growth in transactions was the deferred demand that arose in 2020 due to strict...

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Real estate market forecasts for 2022
Real estate market forecasts for 2022

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The end of the year is getting closer and closer. The year 2021 was marked by a general recovery process, increased mobility between countries, increased sales and purchases of real estate, the arrival of international investors and a steady decline in rental prices. What will 2022 be like? One thing is clear: the economy and the real estate sector still depend on the general state of the economy. It is also important how the pandemic will behave in the country and the world. DBK INFORMA reports that the real estate market...

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