News, page 13

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 (7.2%). However, these are still very good indicators. Garage assets demonstrate similar levels of profitability — 7.1%. In view of this, the Spanish office sector has become a safe haven...

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 European country that has two cities at once in the ranking of the top 10 investment destinations in Europe. The residential sector attracts huge funds from international investors, both...

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 filter carefully enough who and how enters the market, what they do and what punishment may follow for violating certain norms. Many of these market participants found themselves on...

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 secondary market. According to experts from Fotocasa, 15% fewer residential properties will be sold in 2023 due to rising prices, higher interest rates, tighter conditions for mortgage...

In 2008, when liquidity in the credit markets dried up, water became as attractive an asset for investors as oil or gold. 12 years later, already in 2020, water as an asset hit Wall Street and had a huge success. Its appearance on the futures market was the result of a chain reaction caused by a certain shortage of supply and a slowly but surely growing "panic", if we may say so. After all, who hasn't heard at least once in their life about "not endless supplies of water that won't be enough for the whole planet"? And if you look at...

The real estate market maintains an upward trajectory. In January of this year, immediately after the recession in the fourth quarter of 2022, secondary market housing prices showed an increase of 5.4% in annual terms. At that time, the square meter of housing increased to 1,922 euros. In 16 provincial capitals of Spain, the price increase exceeded the January inflation rate, which was 5.8%. Some cities exceeded inflation by almost 20%. According to information from the Idealista real estate portal in cities such as Santa Cruz de...

Neither inflation, nor the Russian-Ukrainian conflict, nor rising interest rates, the pandemic and Brexit could greatly affect the real estate market in Alicante. Quarter by quarter, this sector demonstrates its sustainability and a key role in the economic development of the region. This is one of the main, if not the main, engine of the development of the local economy. Official data from the National Institute of Statistics of Spain (INE) confirm the above, because despite the decline in the market in the fourth quarter of 2022,...

Zeta District is a new destination in Malaga. This is the first smart "city" in Spain, inspired by the culture of generation Z. Zeta is a purposeful attempt to monetize trends, things, ideas and fashion, spread mainly among the youngest generation of real estate buyers — people born in the late 90s and early 10s. The age of the older representatives of this generation has already crossed the mark of 25 years. Within the framework of Zeta, it is planned to implement an affordable parcel delivery system using drones, use wind...

Not logistics, not hotels and not offices — large international investors have set their sights on new, "alternative" assets. According to the annual report on trends in the Spanish real estate market, conducted by the consulting company PwC and the Urban Land Institute (ULI), in 2023 investment funds, real estate companies and banks, as well as other major players, are now betting on energy infrastructure, healthcare assets and data centers. These three types of assets in the real estate market have the best prospects for...

Spain is one of those countries that consistently hold leading positions in the world rankings for quality of life. There are many cities located here that are able to offer the best conditions for living both for the local population and for a variety of foreigners: expats and tourists. Below we will present 15 cities of the country with the highest standard of living. The rating was formed on the basis of an analysis conducted by the Spanish Consumer Association (OCU). № 1: Vigo ...