News and articles
-
Taxes are an important part of public and state life. Different countries have their own rules for tax collection which are regulated by local legislation. In this article, we provide answers to the main questions concerning real estate taxes in Italy and Spain. Contents: Taxes for Italian residents who have real estate abroad Rental income...
Read more -
The pandemic has changed many consumer habits and trends. There have also been changes in housing due to quarantines and restrictions. In this regard, the priorities of real estate demands have changed as a new dynamic has come into play. Despite the existing problems, the secondary real estate market in Spain demonstrates a high degree of...
Read more -
For 10 years, the Spanish economy has relied on the real estate sector. This led to a revaluation of assets and increased apartment prices by 177% since 1995. «Brick fever» has become a key thing that affects national growth. Much of the recent recovery in the Spanish economy is because of the boom in construction. It’s a low-productivity sector...
Read more -
Residential developer Habitat Inmobiliaria has closed a deal to acquire two plots of land in Vigo, in the Arenal and San Roque districts, to develop two residential projects with a total investment of €30 million. The Arenal site, where the community called Habitat Areal is going to be built, is located in the waterfront heart of the city of Vigo....
Read more -
Residential communities are a safe haven of profitability for rental property investors. The aggregate price of rental housing in Spain increased by 41% over the past five years and advanced by 32% over a decade. Meanwhile, in Canary Islands, Valencia, La Rioja and Navarra, the growth came in at 49%, 46%, 43% and 42%, respectively. Since 2016,...
Read more -
In August, Idealista property portal listed 774 prime homes worth over €1 million in the province of Cadiz. According to the report, Cadiz will be among the top ten provinces with the largest number of luxury homes in Spain, 73% of which are concentrated in Malaga, the Balearic Islands, Madrid and Barcelona. Out of 774 properties, the vast...
Read more -
PropTech (also referred to as property technology) is a set of modern technology solutions for the real estate industry. Having its roots in Britain in 2014, PropTech has attracted an increasing number of leading real estate firms. Similar to FinTech, the innovative technologies merge to streamline and digitalize the property market. They include...
Read more -
The most expensive property for sale in the Canary Islands is located in the municipality of Santa Ursula. Its price is 8.800.000 euros. The price per square meter of the building is about 7300 euros, considering that the building area is 1209 square meters. The house has three floors, the building also has several swimming pools — a panoramic one...
Read more -
The Spanish Real Estate Association Personal Shopper (Aepsi) assumes 550,000 annual home sales in the period 2022-2025. According to Aepsi forecasts, by the end of 2021, the number of home sales in Spain may reach 450,000. According to Aepsi President Iñaki Unsain, after 2020, full of uncertainties and restrictions, vaccination and the forecast of...
Read more -
Many investors are interested in the correct and profitable investment in Spanish real estate. After analyzing the housing market, it is necessary to answer these questions: which regions are more profitable to invest in? When it is better to make a deal? What prices can I expect? What forecasts have experts made? We will answer these questions in...
Read more
