News, page 10
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According to the monthly report on prices for the purchase of residential real estate from the portal "Pisos.com ", the average price for secondary market offers in Navarre in February was 1,685 euros per square meter. This indicator is an increase of 1.68% by January — the second place in Spain in terms of growth rates. In annual terms, we can observe an increase of 6.05%, which places the region in seventh place in the country in comparison with the rate of price growth. The city of Pamplona, the capital of Navarre, showed a 1.78%...
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In recent years, parking in urban areas has become a very difficult task. At the same time, the purchase of individual parking spaces is an extremely expensive undertaking. In the cities of Madrid and Barcelona, the parking market has always been active, which should not be surprising, given that we are talking about the two largest cities in the country. According to the report of the real estate portal "Pisos.com ", the average price of a parking space in the capital of Spain is 33,544 euros, and in Barcelona — 24,734 euros. All...
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Three years ago, the Ministry of Transport, Mobility and Urban Development of Spain presented the "Index of Rental housing" (Indice de Alquiler) — an online tool that allows you to visually familiarize yourself with the basic prices for rental housing in various parts of the country. As stated on the Index's website: "The purpose of the index is to ensure the transparency of the rental housing market, given the lack of available official information". How does it work? The site allows you to get acquainted with the average...
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Valencia is preparing to host a new large-scale coliving construction project. The new property is already attracting the attention of market investors. Koliving in this region has great potential, the combination of communal housing and private ownership is trying to bring together the best of both worlds and finds fertile ground in the Valencian community. Just in order to "ride" the wave of popularity, the Basque developer Kategora, specializing in residential real estate, enters the Valencia market with its first regional project...
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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 official portal of CaixaBank called Haya. The bank also offers the possibility of obtaining a mortgage loan for the purchase of this housing, which will cover 100% of its cost. This is an...
2419
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, Montenegro, Mexico, the United States, Great Britain, Turkey and El Salvador. This is what the top ten leaders for 2022 look like. Blockchain has created a new way of doing business and even a...
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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 significantly from region to region. For example, when comparing average wages and the market value of apartments, regions such as Barcelona, the Balearic Islands and Madrid have long left the...
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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 the country. Locals have always looked at foreigners as opponents. Their demand and their money pushed prices up, cutting off the local population from the opportunity to buy a normal place...
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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 super-rich investor who is taking advantage of the shrinking real estate markets around the world to acquire promising assets. A lot of private investors and international funds are actively...
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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 country where it is customary to buy housing rather than rent, which distinguishes it from other European countries, the instrument of trust ownership is increasingly gaining popularity. ...