News and articles

  • What do the rich want in 2021? What kind of real estate do they buy in Spain?

    Millionaires who want to buy a house are ready to as the housing market grows across the world this year. The real estate sector is actively developing and this is supported by further investments by people with net assets of more than $50,000,000 in the coming months. 26% of these billionaires intend to invest in the 2021 housing market...

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  • September return to offices revives Spain’s real estate market

    Many employers plan to return their staff back to the office in September. Meanwhile, working from home will also remain in place, although this will not be the norm for most companies. With the onset of the pandemic, most firms in Spain were forced to switch to teleworking, leaving their offices empty. Against this background, some companies kept...

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  • Best prefab homes under €30,000

    There is an unprecedented boom in the self-built homes segment in the Spanish property market. Prefabricated homes are growing in popularity, especially because of the many advantages over traditional houses, besides the low cost. The concept of a prefab house is often associated with heavy costs, but this is far from the truth. This list...

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  • Valencia’s real estate market gains momentum

    In recent years, the property market in Valencia has been in an uptrend. Being among the regions with the highest real estate activity, the province was hit hard by the 2008 crisis, when new home prices reached historic lows. A decade later, prices for newly built homes in the province of Valencia are showing signs of recovery, according to Brains...

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  • Exclusive property worth €65 million for sale in Mallorca

    Engel & Völkers is selling one of the most exclusive properties in Spain, the €65 million Solitaire Villa, located in the upper part of the residential area of Mallorca, Son Vida, overlooking the city of Palma and its bay. The villa is the work of the Italian architect Matteo Thun. In cooperation with the international developer Jens...

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  • British group Grosvenor invests £4 million in its Spanish subsidiary

    Grosvenor Real Estate, the Spanish branch of the Westminster family's real estate investment unit, reported losses of €619,702 and negative equity of €173,487 at the end of last year. Working capital is also negative – €339,963. This forced the parent company to invest almost €4 million in the Spanish branch through cash contributions and debt...

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  • Most expensive house in Canary Islands is located in Adeje

    The most expensive house in the Canary Islands is located in the city of Adeje and costs €2.8 million. However, experts in this sector claim that it is in the south of Gran Canaria that the majority of elite houses are located. Idealista has compiled a list of the most expensive properties in Spain in Benahavis in Malaga and Calvia in the Balearic...

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  • Aedas Homes: every third Spaniard plans not to buy, but to rent a house

    In Spain, the culture of renting housing is gradually being formed. Currently, more than a third of Spaniards are considering renting rather than buying as a permanent residence, the Aedas Homes observatory found in July 2021. This study is aimed at better understanding the demand for housing, and almost 4,000 people were interviewed in the country...

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  • Number of Spanish hotels for sale grows

    According to a study by Idealista.com, the leading Spanish real estate portal, there is a growing increase in the number of hotels on sale in Spain. Overall, 639 hotels have been listed for sale, up by 30% compared to 2020, when the figure was 490. Meanwhile, in coastal areas, there is a 44% increase. Despite an improvement in tourism activity in...

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  • Malaga's historic center attracts large portion of real estate investments in Spain

    Malaga has become one of the most attractive real estate investment destinations, and its historic center is now one of the most rapidly growing areas. According to the National Statistics Institute (INE), the average annual household income in this area is 37,333 euros.  The old town has one of the highest square meter...

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