News and articles
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In August 2021, dozens of real estate companies reported their financial results and completed deals started earlier in the year. The US investment firm Cohen & Steers had taken a 5.185% stake in the capital of Neinor Homes developer to become the third-largest stakeholder, as reported by the company to the Spanish National Securities Market...
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Spain is one of the most attractive destinations in Europe. Here, beautiful architecture and rich cultural heritage are combined with a high-quality education, allowing the country to become the third-most-popular in Europe for international students. Many investors and tourists are interested in what life in Spain is like. CONTENT: What are...
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There are many apartments in Spain that are seized by banks. These provide a good chance to buy property at an attractive price. To make this a reality, it is important to know what the real estate characteristics are, what the embargo process looks like and, finally, what should be taken into account when seizing a house. This is important...
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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...
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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...
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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...
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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....
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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,...
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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...
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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...
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