News and articles, page 92

Spanish real estate market: events and forecasts

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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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Habitat launches two residential projects in Vigo with €30 million in investments

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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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Canary Islands, Valencia, La Rioja and Navarra among Spain’s provinces with rents growing beyond 5-year average

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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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Cadiz to be among Spain’s top ten provinces with largest number of luxury homes

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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: the future of real estate

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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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Most expensive house in Canary Islands is located in Santa Ursula and is sold for 8.8 million euros

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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...

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Realtors predict 550,000 annual home sales between 2022 and 2025

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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...

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Overview of the Spanish real estate market by region: forecasts for autumn

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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...

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Investments in foreign real estate: where is it better to take out a loan?

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The Spanish government is interested in issuing loans to foreigners for the purchase of real estate. Many of these loans come with great mortgage conditions. Let’s take a closer look. Content: How do non-resident mortgages work? Best mortgage loans in Spain Top banks for mortgage loans in 2021 How can you the best mortgage? We’ll help you...

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Short-term investments in Spanish real estate: TOP-5 destinations

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There are many ways to earn money by investing in real estate: purchase and resale, long-term lease, elite resort real estate, luxury off-plan real estate, investing in real estate remotely, short-term lease, long-term investments, mortgages, etc. You can invest in property with a long-term lease, profitable premises, or shares of other funds and...

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