News and articles
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In Spain, the number of mortgages soared by 41.2% in June compared to the same month last year, according to the data unveiled by real estate portals Pisos.com, Idealista and Fotocasa. Pisos research director, Ferrand Font, said the June home mortgage data recorded in land registries confirm a return to pre-pandemic levels, so he expects a good...
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Buying a home can be a real challenge due to high property prices. Today, only 13 municipalities in Spain have prices below 450 euros per square meter. Idealista.com property portal has compiled a list of municipalities with the cheapest properties. Eight of the ten most affordable areas are located in Castile La Mancha, the rest are in Castile...
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By the end of 2021, over 30% of the demand for luxury properties in Madrid is expected to come from large investment portfolios and international executives. Madrid is a leading vacation destination among people from the United States, Latin America and Asia. Investment properties or second homes are especially popular among foreign investors....
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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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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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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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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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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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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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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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