News
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According to Spotahome, Palma, a key city of the Balearic Islands, is the third most expensive city for renting housing in Spain. Monthly rent of a room in this city will cost the tenant 516 euros. Only Madrid and Barcelona are ahead of it. The growth of the Consumer Price Index (CPI), the market supply shortage with extremely high demand, the...
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The Spanish housing market performed very well in 2022. According to the latest data published by the National Institute of Statistics of Spain (INE), home sales increased by 10.8% in annual terms in November last year — over 55,300 transactions were concluded. This is the highest figure for November since 2007. These figures made November a...
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Buying a home is a complex task that requires many complicated and unforeseeable decisions. It is difficult to find key ones that can play a decisive role in future home purchases. One of the important questions is how to choose a mortgage: where to get it, which one and on what terms. Traditionally, in Spain, as in most world real estate markets,...
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Cushman & Wakefield has published an annual report on the commercial real estate market in the retail and shopping mall segments. The study analysed the retail situation in Spain, including an analysis of the last two post-pandemic years. The report states that there are 11.5 million square meters in 410 properties for shopping malls in the...
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Inflation, rising interest rates, tightening bank lending and rising construction costs are the major challenges for real estate investments in 2023. In times of uncertainty about the future of the global economy, according to forecasts, home sales will fall by about 15%, and prices will be adjusted. Despite this, experts believe that there are...
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Real estate investment in Spain reached record levels in 2022. According to the "Real Estate Investment Report for 2022" prepared by Catella, the total volume of investments in Spanish real estate was about 16.4 billion euros, which is 30% more than a year earlier. When considering corporate transactions, the volume will increase to 17.5 billion...
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La Pinada Nature Resort, a unique residential complex from the developer La Pinada opens its doors to everyone! A new generation project in Finestrat is available for free. This means that potential buyers can appreciate the highest quality of construction and decoration, feel the indescribable atmosphere of this area and admire the natural beauty...
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Inflation, rising interest rates, the threat of recession, the armed conflict in Ukraine affect the global economy, but it seems that many real estate markets are avoiding this influence, for example, Spain, where housing prices and rental rates are breaking growth records. Fotocasa notes that, for example, in Madrid, the capital of Spain,...
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The growth of the real estate market in 2022 affected the Spanish labour market. According to the "Labour Market Survey (EPA)" for the fourth quarter of last year published by the National Institute of Statistics of Spain (INE), the employment rate in the real estate sector has reached its historic highs. According to the latest EPA, the number of...
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High inflation undermined the purchasing power of the Spanish population, which hit the country's housing sector hard, as it led to a sharp increase in mortgage interest rates. Interest rates on loans have recently become a popular topic. It may seem that these events will never end, but the Dutch banking group ING proves the opposite. In its...
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