News
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Technology has long penetrated into all spheres of people's lives. Digitalization is actively moving through the economy, transforming even the most cumbersome and immobile industries. This digitalization has already reached the real estate sector. People no longer even need to leave home to perform thousands and thousands of operations for hours...
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One of the pillars of the recovery of the Spanish economy after the active phase of COVID-19 was investment in the national real estate market. Spain and Germany have become the only member countries of the European Union that have more than one real estate market in a dozen key EU markets. For Spain, the basis of growth is the capital Madrid and...
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The correction in the real estate market has begun: spanish housing prices may fall by 5% in 2 years
In the first months of 2023, housing prices showed amazing resistance to the prevailing economic trends. Unfulfilled pessimistic forecasts required rethinking and changing forecasts for the local market. It is quite possible that by the second half of the year prices will still rise by 5% or a little more. This will be a fairly noticeable slowdown...
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The beginning of 2023 marked important changes for the real estate sector. There have been a number of events that force us to be very attentive to what will happen to the market in the coming months. However, a number of concerns disappeared, which predicted a serious drop in the first months of the new year. The emergence of a "bubble" in the...
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The real estate market has dropped pessimism: new forecasts for 2023 are more optimistic than before
At the end of 2022, the Spanish real estate market was filled with doubts. With record levels of inflation, interest rates rising at a record pace for the last decades, the energy crisis and the projected economic recession, many experts justifiably believed that the Spanish real estate market was facing really difficult times. Forecasts painted a...
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Americans have become one of the most active categories of real estate buyers in the Spanish housing market. They especially love new buildings and holiday resorts. Mark Shtyuklin, a real estate market analyst from Barcelona, told The Wall Street Journal that according to Spanish notaries, only in the first half of 2022, sales of residential real...
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Offices have become one of the most profitable types of real estate for investment in Spain in 2022. According to the Finanzas portal, last year the profitability from renting out offices reached 12.9%. The profitability of these assets contrasts with the profitability of the commercial segment as a whole (9.6%) and, especially, the housing market...
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International investors continue to bet on residential real estate around the world. Spain is one of the most attractive destinations for such investments in Europe. And this is despite all the economic uncertainty and the macroeconomic downturn that has hit the entire continent. According to a study by CBRE consulting company, Spain is the only...
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The real estate market causes some people to have strong negative feelings, usually rooted in the painful experience of working with "professionals" of the market: people obviously without competence in what they do, unscrupulous real estate agents lying to developers and so on. Often in such cases, the problem lies in legislation that does not...
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Since 2007, the Spanish real estate market has not had such a record year as in 2022. More than 650,000 residential properties were sold last year. However, the last month of the year showed one curious trend. Firstly, the "boom" in demand is most likely coming to an end and, secondly, primary housing may fade into the background, giving way to the...
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