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Closing bank branches makes renting premises 65% cheaper
Closing bank branches makes renting premises 65% cheaper

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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 vacancies on the second and third commercial lines. The experts base their analysis on Barcelona, ​​where major banks are looking for premises in prime locations. ...

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How much does life in Spain cost?
How much does life in Spain cost?

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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 continues to experience political and financial crises, recent research provides an insight into the cost of living in Spain. We list the most important points for those planning to move to this...

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Cordoba economy could grow by 5-6% in 2021
Cordoba economy could grow by 5-6% in 2021

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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 performance of Cordoba province for the rest of the year and in general, the Unicaja research department forecasts growth from 4.9% to 6%, depending on more or less favorable scenario that Analistas...

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How house prices have changed in the capitals of Spain after more than a year of the pandemic
How house prices have changed in the capitals of Spain after more than a year of the pandemic

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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 issuance of mortgage loans, which, despite the ups and downs, are developing positively in accordance with the state of society and the epidemiological situation. ...

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Now it is perfect time to look for a cheap mortgage in Spain
Now it is perfect time to look for a cheap mortgage in Spain

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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 lower interest rates than ever within 20-30 years, because it is obvious that not only individuals and many companies have made minor transactions with money, but also the real estate market...

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The best month to buy profitable real estate
The best month to buy profitable real estate

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The decision to buy a house should not be taken lightly in terms of personal finances. It should always be considered and approached with prior planning and budgeting. Recently, interest in buying a house has increased dramatically, as well as the interest in renovations, either full or partial, in areas such as the kitchen or bathroom, or in modifications such as installing laminate or cutting parquet. The savings caused by the pandemic have boosted consumer demand. The best month to buy a house ...

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Bank of Spain warns that commercial real estate assets value will fall
Bank of Spain warns that commercial real estate assets value will fall

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Iin its report, Bank of Spain warns of the impact that the pandemic may have on the development of the commercial real estate market. The Spanish Covid-19 crisis has negatively impacted the valuation of tertiary real estate (which includes commercial assets, offices, hotels and logistics). Moreover, it warns that this could have a negative impact on banks capital “as a result of a possible increase in non-performing loans for these activities.” The supervisor also notes that the coronavirus has caused a significant...

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Bank of Spain said economic demand for real estate will be higher than expected
Bank of Spain said economic demand for real estate will be higher than expected

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Covid-19 has taken a huge tall to the global economy, painting a grim picture in sectors such as hospitality, commerce and tourism. The economic blow in 2020 will give way to a period of prosperity and growth in 2021 and 2022 in the Spanish economy with an expected GDP growth of more than 6%. Several points characterize the current economic situation: Strong growth after a period of intense decline in GDP. Funding at historic lows. Price inflation. ...

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EXPERIENCE IN BUYING TWO APARTMENTS IN SPAIN
EXPERIENCE IN BUYING TWO APARTMENTS IN SPAIN

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Buying property abroad is a step that not everyone will take, let alone buy two apartments in Spain. On the one hand, this is a serious risk, especially for people without experience with foreign housing, on the other hand, it is an opportunity to profitably invest in the future and increase capital, live in the country of dreams and have a stable income source. Sometimes real estate in Spain Spain is more affordable than in other neighboring countries, so if financial opportunities allow and you are ready to take...

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How to organize moving for permanent residence to spain in 2021?
How to organize moving for permanent residence to spain in 2021?

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Perhaps there is no other country in the world as ideal for foreigners as Spain. Climate, food, landscape, people, living and working conditions, prices ... Everything is ideal for starting a new life in another country. In this article, we will show you why. If you want to know how to leave for Spain for permanent residence, get access to the most complete guide that will tell you how to organize a move to Spain for permanent residence, as well as get to know the life of other nations... read on! CONTENT...

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