News and articles, page 84
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After more than 12 years of downtime and another two years of preliminary procedures, work on the construction of public housing in San Fernando has finally begun again. Moreover, although we are talking only about the construction of 15 rental houses, this is already an event. The mayor of the island, Patricia Cavada, announced during her visit to the start-up site on Calle Alcedo about the start of public housing projects for the city, which will be accompanied not only by the construction of new housing but also by other...
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CONTENT: Maspalomas Dunes El Oasis Lighthouse Maspalomas Tourist Beach Tourists Entertainments Maspalomas Hotels Monte Leon Real estate offers in Monte Leon Spain-Real.Estate will help you buy real estate in Spain ...
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After years of internal squabbles in the coalition government, the Spanish Socialist Workers’ Party (PSOE) has agreed with its partner, Unite in Our Power, to approve a housing bill. He is represented by civil society organizations, through which the government of Pedro Sánchez plans to fulfil one of the commitments made before he took office. Tenant unions presented the bill on 30 September, Nadie Sin Hogar (Nobody Homeless) and Plataforma de Afectados por la Hipoteca (Mortgage Affected People’s Platform). Nine political parties...
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The Spanish economy is undergoing significant changes against the background of the situation in recent years. After the considerable stagnation caused by the pandemic outbreak, companies now face an opportunity to manage an unprecedented amount of aid aimed at reviving the economy and modernizing key sectors. These include manufacturing, tourism, e-commerce, education and housing. On 13 July, the Council of Ministers of Economic and Finance (EcoFin) finally approved the Recovery Plan, which the Spanish government presented before summer...
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The Spanish government recently announced plans to raise taxes on personal income, wealth and inheritance in a so-called “fiscal synchronization”. Julio Prieto, a tax and private client specialist, writes for attorney Del Conte Chambers that Spain will allow $ 5.59 billion in subsidies from the European Union in an attempt to kickstart the economy following the devastating effects of the Covid-19 pandemic. Changes affecting Spanish residents include income tax, wealth tax, VAT and IHT (inheritance tax). Income tax introduced...
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CONTENT: Construction activity in Spain in 2021 Cost of new real estate in Spain New real estate offers in Spain La Coruña Valladolid We will assist you in buying a property in Spain CONSTRUCTION ACTIVITY IN SPAIN IN 2021 The General Council for Technical Architecture of Spain...
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According to the company Idealista, at the close of the third quarter of this year, the price of secondary real estate in Spain increased by 4%, which amounted to 1,813 euros per square meter. Compared to the previous quarter, secondary home prices in the third quarter decreased by 0.2%. Why are prices now higher than a year ago? According to Idealista spokesman Fernando Iñareta, this is mainly due to the growth in demand, which has reached record levels in recent months, and the savings of the population, which are at a historically...
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In the first three months of this year, real estate purchases through e-commerce totalled € 28.8 million, compared to € 40.9 million. According to the National Commission for Markets and Competition (NCMC), a total of 67,300 transactions were registered, which is 29.6% less than in the same period last year. On the other hand, the total volume of e-commerce from January to March increased by 27.7%, amounting to 289.2 million transactions. As a result, the average price tag for real estate services contracted over the Internet was 428...
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Recruitment company Randstad has published a report on remote work in Spain. It analyzes the current situation, predicts prospects. In the study, a sufficient amount of free space was selected as the leading indicator of comfort, making it possible to allocate a separate office or room for work that will not function as a bedroom. The report predicts that remote work will continue to grow after the pandemic, allowing 30.6% of working Spaniards to work this way in the coming years. According to this study, space availability is a...
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CONTENT: Spanish real estate market in 2021 Main characteristics of the Spanish real estate market Spanish property prices Cities with profitable rental properties Preferred Spanish areas for buyers Forecasts for 2022 Is it worth investing in Spain? We will help you to buy property in Spain ...