News
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According to the international report «Main Streets Across the World», prepared by the real estate consulting company Cushman & Wakefield, Paseo de Gracia is the shopping street with the highest rental rates in Spain. With an average rate of 2,677 euros per square meter per year, Paseo ranks 18th in the world. Brands such as Dior, Versace,...
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The real estate market has undergone significant changes over the past few years. Economic shocks, factors and trends in the market, crisis trends in the global economy and international instability played a role. Among the key factors of changes in the real estate market are the individual needs of buyers and tenants. They have also undergone...
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Grupo Lar, an international company registered in Spain, specializing in investment, construction, development and property management, announced that it has started work on the construction of six new residential complexes in Spain — five with rental housing and one complex for sale. This is the next step of the company in its strategy of creating...
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One of the non-trivial questions that visitors to Spain may face is whether it is possible to use a tourist apartment as the main place of residence? The question is quite relevant, given that in Spain, in fact, there is no national legislation that would regulate this aspect of the tourism industry and the residential sector. At the same time, of...
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The residential complex «Be Casa Rivas» will open its doors to the first residents in December. A residential complex with modern apartments is located in the town of Rivas Vasiamadrid, in the suburbs of Madrid. Investments in the construction of this project amounted to 85 million euros.A total of 843 apartments were built, providing all the...
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The number of Spaniards whose income is generated by providing real estate for rent increased by 5% in 2022 and this trend will continue to grow. A lot of people are attracted by the high rate of return from such an enterprise — an average of 10% per annum, which can be increased to 14% if you choose the right strategy. According to a survey...
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Foreign buyers continue to show their love for the community of Murcia and its rich real estate market. Market data show a 23.4% increase in the number of transactions for the sale of real estate to foreigners for the third quarter of 2022. Of course, Murcia is not the undisputed market leader, the Canary and Balearic Islands, as well as Valencia,...
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The province of Alicante retains its leadership in the tourist housing sector in Spain. According to the data of the Provincial Association of Real Estate Developers (Provia) for the first half of the year, even then Alicante left its competitors far behind. Provia data was taken from sources of the Ministry of Transport, Mobility and Urban...
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New amendments to the «tax on large fortunes» have presented an unpleasant surprise for non-resident foreigners in Spain who own real estate in the amount of 3 million euros. In view of this small correction, the entire Spanish luxury housing market may be shaken. However, so far, the changes in the legislation have yet to pass final approval....
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Data from the Fundación Affinity Foundation and the Fotocasa portal demonstrated the difficulties of people with pets. Having conducted a small joint study in order to establish how difficult it is for pet owners, mainly dogs and cats, to find free rental housing and demonstrate the barriers they have to face. According to their figures, there are...
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