News and articles, page 90

Overview of the Costa de Valencia region: What kind of real estate can you buy on the coast?
Overview of the Costa de Valencia region: What kind of real estate can you buy on the coast?

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Contents: Overview of Costa de Valencia Beaches in Costa de Valencia Accommodation on the coast of Valencia Advantages of buying real estate on the coast We will help you buy a property in Costa de Valencia Overview of Costa de Valencia The charming coastal area forms the Bay of Valencia and is bordered by 2 shores –Costa del Azajar...

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The number of rental housing in Catalonia has dropped over the past year
The number of rental housing in Catalonia has dropped over the past year

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According to the research service of Idealista portal, the number of rentals has decreased over the past year in Catalonia. Since the new law came into force in September last year, rents in Barcelona have decreased by 8.2%, less than in Madrid (-9.3%). However, in Barcelona, rents began to fall in 2019, even before the pandemic. The portal notes that rental prices have decreased in other cities where they previously experienced significant growth, such as Palma (-5%) or Seville (-1.7%). ...

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Grupo Lar invests 21.4 million euros in Barcelona for building 75 rental houses
Grupo Lar invests 21.4 million euros in Barcelona for building 75 rental houses

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Grupo Lar, a company specializing in investment, development, and property management, has closed a new deal in Barcelona, buying a plot of 8504 sq. m., where 75 one, two, and three-bedroom houses will be built in Sant Adria de Besos. They are expected to be completed and available for rent in the first half of 2024. This project, in which Grupo Lar is going to invest 21.4 million euros, is an addition to the one already under construction in L'Hospitalet de Llobregat. "Thanks to this deal, we now have two projects in...

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Investments in the hotel sector reach almost 2.5 billion euros in 2021
Investments in the hotel sector reach almost 2.5 billion euros in 2021

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This summer, the hotel sector showed the best occupancy and booking data indicators compared to 2020. The real estate sector is also optimistic about the fourth quarter of the year. It is expected that investments in the sale and purchase of hotels in Spain in 2021 will exceed 2.5 billion euros. This will be equal to the amount recorded in 2019, a year before the outbreak of the pandemic, according to a report prepared by the real estate consulting company Catella. This year, investments in the hotel business have already amounted to...

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An overview of the Costa Blanca region: what kind of real estate can you buy on the coast?
An overview of the Costa Blanca region: what kind of real estate can you buy on the coast?

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Costa Blanca is a tourist name for the Mediterranean coast. It stretches from the municipality of Dayna in the north to Pilar de la Horadada in the south. It consists of 244 km of beaches, coves and rocky outcrops. North of Costa Blanca is Costa de Valencia and to the south is Costa Calida (Murcia region). Buying a house in Spain is one of the biggest investments you can make. The idea of buying real estate in a foreign country may cause doubts and seem like a difficult task but currently, there are more opportunities in the sector...

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In several municipalities of Cadiz, housing prices fall the most in the summer
In several municipalities of Cadiz, housing prices fall the most in the summer

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Cadiz is a province that is difficult to resist. There you can find cute villages, delicious food, sunny days, a pleasant climate and a high quality of life, and these are just some of its advantages. According to the latest monthly sales price report prepared by the real estate portal Pisos.com, the cost of housing for sale in the province of Cadiz last month reached 1,483 euros per sq. m., which ranks second among the most expensive properties in Andalusia. The average sale price of secondary housing in the community was 1,388...

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European millionaires are buying real estate in Mallorca
European millionaires are buying real estate in Mallorca

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Luxury housing market in Majorca is now more popular than ever. “I just sold two big projects in Son Vida: one was bought by a Czech, the other – by an Austrian. And they ordered five more villas from me. This is crazy”, says Carlos Segui, a real estate developer in Mallorca. He is not the only one baffled (and delighted with) the post-pandemic sales numbers. Experts agree: the real estate market is completely revolutionized. Other reasons for the “boom” in premium housing are: good weather on the island, safety and gastronomy. ...

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Home prices in Spain rise by 3.3% in Q2
Home prices in Spain rise by 3.3% in Q2

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Housing prices in Spain rose by 3.3% in the second quarter of 2021 compared to the same period last year, with growth seen in all autonomous communities, especially tourism destinations, and especially noticeable in new properties. A 3.3% increase in the period from April to June was the highest since late 2019, according to the House Price Index for Spain from National Institute of Statistics (INE). The rise in home prices in the second quarter was driven by new developments, which rose by 6% year-on-year to the highest level since...

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High demand for single-family homes depletes housing inventory in Valencia
High demand for single-family homes depletes housing inventory in Valencia

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In recent months, single-family homes have been the hottest selling properties in most of Spain. Restrictions on mobility, remote work and a new perception by people of their homes have led to increased demand for spacious properties with gardens and which are in most cases located away from the hustle and bustle of large cities. Needs have changed and space is now a priority for most buyers. The strong demand for this type of property has led to a reduction in housing inventory in the Valencia region. Meanwhile, the supply...

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Marbella luxury real estate market booming - Panorama Properties
Marbella luxury real estate market booming - Panorama Properties

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The luxury real estate market in Marbella, one of the most sought-after areas in Spain, witnesses a period of vigorous growth. Even though the pandemic-related restrictions are still in place, local agents say the sector is more active than ever and an uptrend is expected to continue. According to Christopher Clover’s Panorama Properties, one of the leading real estate agencies, the demand for the luxury segment of the real estate market (i.e. properties worth over 1 million euros) is steadily growing to unprecedented levels in 2021....

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