News and articles
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New construction permits in the first five months of this year amounted to 41,934, up 20.4% from 34,824 in the same period last year, according to the Ministry of Transport, Mobility and Urban Agenda (Mitma). 10,639 permits (37.8% more than before May 2020) were issued for single-family housing and 31,278 (+ 15.5%) for apartment buildings out of...
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Investing in real estate is always a safe bet, especially when it comes to real estate intended for tourism in Spain, a prestigious, international, sunny and beach destination. In recent years, national resorts have become the most reliable bets for foreign investors who know about the quality of tourism in this country and want to create a second...
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The crisis caused by the pandemic has taken its full toll on the economy, resulting in layoffs, job cuts and lower sales across all sectors. One of them was housing, where a decrease in real estate purchases led to a significant decrease in prices (1,735 euros per square meter in August). In addition, potential buyers are considering the cheapest...
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Summer is the perfect time for those interested in buying a house. The last month of summer is left, which means there is still a chance to find a house that will best suit the needs of a potential buyer. In addition, buying real estate in the summer allows you to carry out work and repairs in the autumn, which makes it possible to evaluate such...
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Aedas Homes, the developer with the largest number of completed houses in Spain last year, announced this Thursday that it has acquired Áurea Homes in a € 53.7 million transaction. The acquisition includes eight ongoing projects and seven ready-to-build land plots, located primarily in the center and north of the country, where the company, headed...
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The process of centralizing Spanish banks and the subsequent closure of branches will have clear implications for the property market. According to experts from the real estate consultancy Laborde Marcet, this situation, coupled with the impact of the pandemic, is giving rise to the proliferation of new businesses, as well as the emergence of...
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Spain is one of the most desirable countries for foreigners to live, and those who choose to reside in Spanish territory will make a huge leap in terms of life quality and purchasing power, as the euro is one of the most expensive currencies in the world. Despite frequent fluctuations in the country's economy, which has also experienced and...
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The optimistic signs for Cordoba economy are inspired by two recent studies. On the one hand, a study of economic prospects by the analytical service Unicaja, and on the other, a study on new housing prices by the Sociedad de Tasación in the Spanish Mediterranean strip, which includes eight provinces of Andalusia. With regard to economy...
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The pandemic has caused a crisis and confusion in many industries, including real estate, which has suffered from the “paralysis” of work in Spain and houses maintenance. However, more than a year has passed since the beginning of Covid-19 and the real estate market is gradually recovering. This is evidenced by data on the purchase and sale and...
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In contrast to what is happening in the Spanish economy, after several difficult months caused by the COVID-19 pandemic, many banks are advertising and encouraging real estate loans by lowering interest rates. Mortgages in Spain have never been as cheap as they are in this year of 2021. Financial companies are also encouraging and offering...
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