News and articles, page 85

Review of the real estate market in Spain in 2021. Forecasts for 2022

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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 SPANISH REAL ESTATE MARKET IN 2021 The...

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Innovative technologies will help make the real estate sector safer

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Technology and innovation have brought a transformation in the real estate sector, providing many real estate companies with the opportunity to adopt technological tools to take the lead in the sector. The developers’ goal is to digitize the entire process to achieve the greatest savings in time and money and improve the quality of work with the...

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Return on investment remains profitable, although it has dropped to 7%

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The gross margin on buying a house to rent it out has dropped to 7% over the past year. In the third quarter of 2020, the proposed rate of return was 7.9%. According to an analysis by Idealista, the leading real estate specialist in Southern Europe, the profit made even, in this case, is 15 times higher than the rates offered by 10-year government...

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Canary islands property review: is it advantageous to purchase real estate in the islands

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CONTENT: The Canary Islands: an overview Advantages of purchasing real estate in the Canary Islands The housing market in the Canary Islands Real estate prices in the Canary Islands Choosing to buy an apartment in the Canary Islands THE CANARY ISLANDS: AN OVERVIEW The sun-drenched Canary Islands have an exotic flavor and act as both a...

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How to build a house in Spain?

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Spain is the 4th largest country in the European Union and the 3rd most visited country globally. Today, the Spanish economy relies on the tourism sector. To meet tourist demands, Spain has a very active construction sector that accounts for 16.6% of the annual GDP, increasing foreign investment in first and second residences despite various...

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British retirees sell their houses in Spain

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Brexit and the UK’s exit from the European Union has affected the Spanish property market. According to the British newspaper Mirror, retirees from the UK who have chosen Spain as their second home leave the Costa del Sol in droves due to stricter immigration rules imposed in connection with Brexit and higher medical costs. This information...

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Downshifting in Spain: real estate for peace of mind

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Spain is one of the best places for a calm and measured life. An attractive and incredible climate, healthy and delicious gastronomy, a variety of landscape views - from paradise beaches to gorgeous mountains - great history, high culture, rich languages, good quality of education and services, and fantastic leisure make Spain one of the most...

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Spain’s Proptech sector grows 8% year over year

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According to the Proptech Map, compiled by API Catalonia real estate agents, 501 startups in Spain use technology to improve or reimagine services in the real estate sector. This year the sector has grown by 8%. Two hundred seventy-eight people of these, more than 55%, work with real estate professionals. 58% of these offer solutions for products...

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Madrid is to build 4,000 more social housing units in Valdecarros

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The Community of Madrid will build nearly 4,000 social housing units in Valdecarros, the most significant urban development in Spain. Regional Minister for Environment, Housing and Rural Affairs Paloma Martin attended the groundbreaking ceremony for the initial construction phase. The urban area of Valdecarros is 19 million square meters. More...

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Investing in tourist real estate in Spain: risks and opportunities

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At the moment, the tourism sector in Spain has dropped significantly. The coronavirus pandemic has drastically reduced the influx of foreign tourists over the past year and a half. This resulted in an imbalance in the supply and demand in this sector. Moreover, restrictions within the country have further affected this imbalance, which is why...

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