News
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Valencian CaixaBank, the third largest bank in Spain, this week published an attractive offer for those who are desperate to buy a home due to astronomical prices on the market, but do not want to resort to renting. The bank's offer is 958 residential properties, apartments and chalets, at prices below 30,000 euros. All of them are located on the...
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The report of the Forex Suggest company shows that Spain became last year the country with the largest number of real estate for purchase with the help of cryptocurrencies. In total, we are talking about 289 housing objects. Just behind Spain is Thailand with 227 objects for sale. Portugal ranks third, followed by the United Arab Emirates,...
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If you are thinking about moving to Spain with the expectation of earning and buying housing there, for example, an apartment, you should immediately think about your savings and those opportunities to replenish them that you can find in another country. It is also necessary to remember that the price of a square meter of housing can vary...
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Almost 10 years ago, graffiti appeared on the facade of one of the houses on the road to Llanes: "Tourists, Asturias is not for sale". As you might guess, this appeal referred to tourists-trying-to-become-expats, indicating without embarrassment that housing in Asturias would not be sold to them. This situation was observed in different parts of...
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Amancio Ortega, the founder of the well-known retail company Zara and the richest man in Spain, last year expanded his total portfolio of assets in the commercial real estate market, acquiring at least 10 properties in North America and the UK worth more than $2 billion. According to Knight Frank's Wealth Report 2023, Ortega is not the only...
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Those who now own real estate can receive additional income from it, continuing to fully live in it. We are talking about an interesting and, in a sense, revolutionary approach to housing ownership — "trust ownership" (bare ownership). It is also known as "nuda propiedad", literally "naked possession". Despite the fact that Spain is still a...
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The real estate market in Spain in 2022 can be described as a record. Outstanding sales rates and volumes, extremely intensive price growth, high volumes of investments attracted to the sector were noted. This year we expect a different picture due to inflation, rising interest rates, the recession hanging over the world economy, the international...
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Buying a house in Spain in the vast majority of cases involves obtaining a mortgage loan. In addition, it is necessary to set aside a significant part of the cost of the house, which will need to be spent as a down payment. It is also necessary to take into account the costs associated with the real estate purchase process itself. Most banks in...
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Real estate investments in Spain, as a rule, are considered attractive and quite safe, due to the tangibility of their income, as well as the historically positive dynamics of prices. Despite the fact that the 2008 crisis demonstrated that there are no risk-free assets, among the alternatives, the real estate market remains one of the safest areas...
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For people with small savings, the idea of investing in real estate as a way of earning money, at first, may seem absurd. Such investments look like huge expenses, huge risks, huge efforts to participate in economic realities that are often incomprehensible. And all this with zero guarantees that the efforts and resources spent will pay off...
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