News and articles, page 93

Palma is fifth most expensive provincial capital for renting apartments in Spain
Palma is fifth most expensive provincial capital for renting apartments in Spain

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The cost of a dorm room in Palma is 390.71 euros per month, which makes the city the fifth most expensive provincial capital of Spain, according to a study by Pisos. The real estate portal reports that the average rent in the country decreased by 0.60% in 2021 compared to 2020, or rather from 270.79 euros to 270.49 euros per month. In addition, it was noted that the outbreak of the pandemic forced many students to leave their dormitories and return to their parents' home, which also had an impact on the housing market. ...

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10 most expensive houses in Spain
10 most expensive houses in Spain

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Who does not dream of living in a huge mansion, equipped with all the amenities? According to Idealista, there are not so few people who at some point imagined this: 83% of the surveyed users admitted that they viewed ads for luxury housing only for the pleasure of admiring houses. 1. Villa in La Zagaleta, Malaga This is an impressive villa of more than 3000 sq. m. on a land plot of 5900 sq. m. It is located in La Zagaleta, the exclusive urban place, and has 5 bedrooms, a swimming pool, a bowling or a golf simulator. This...

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Investment in plots: becoming an estate owner
Investment in plots: becoming an estate owner

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Investing in Spanish plots of land has become an attractive prospect for many entrepreneurs. However, before buying a plot, you should be aware of the advantages and disadvantages of such an investment. You should also be familiar with the process of making a risk-free transaction, and understand which areas in Spain offer the best prospects. Content: Why is it profitable to invest in suburban Spanish real estate? The quality of the land affects the price...

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What type of house can you buy in Costa Brava? The most expensive, luxurious and elite real estate
What type of house can you buy in Costa Brava? The most expensive, luxurious and elite real estate

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Costa Brava is a beautiful place known for its tranquility and varied landscapes; it is a Spanish paradise. The region attracts many investors so buying a luxurious house in Costa Brava can be a great deal. Content: Why should you invest in Costa Brava? Five luxury houses in Costa Brava that will make you dream of paradise Unique property with sea views in Platja d'Aro

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A city of the future where a pandemic is not frightening
A city of the future where a pandemic is not frightening

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Is there a pandemic-resistant city model? Does this question include public health, physical form (size, structure or density) or material elements (infrastructure, buildings, public spaces)? What urban innovation can we expect based on the lessons learned from the crisis? Let us try to answer these questions in our article. The coronavirus will force cities to reinvent themselves as this is critical in creating wealth, sharing ideas and ensuring a safe future. Content:

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Spanish mortgage market sees record growth amid overall property market recovery
Spanish mortgage market sees record growth amid overall property market recovery

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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 end to this year for the real estate sector. Moreover, Font was struck by the situation in the mortgage market, and also expressed doubt that this is a new trend. ...

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Most affordable Spain’s municipalities to buy a home
Most affordable Spain’s municipalities to buy a home

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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 and León and Andalusia: El Carpio de Tajo (Toledo): a square meter costs an average of 304 euros. Barruelo de Santullán (Palencia): a square meter costs an average of...

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Foreigners to account for over 30% of total luxury real estate demand in Madrid
Foreigners to account for over 30% of total luxury real estate demand in Madrid

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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. According to the 2021 BARNES Global Property Handbook, 89% of luxury homebuyers said they plan to spend more time during the year in their second homes, while 72% said they plan to live in...

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

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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. Content: Investments by the rich Important aspects for millionaires who want to buy a house

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September return to offices revives Spain’s real estate market
September return to offices revives Spain’s real estate 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 lease agreements for their headquarters, while others shuttered offices forever to cut costs. The trend is now to create work spaces that fit the new model, mostly with open floor...

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