News
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According to a report published at the end of 2022 by the Idealista real estate portal, the average rental rate for residential real estate in Malaga increased by 20.7% year-on-year. Thus, the rent per square meter of housing per month has reached the level of 12 euros. This is three times higher than the inflation rate recorded in Malaga over the...
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The state of the Spanish real estate market at the beginning of 2023 clearly demonstrates that for many, buying their own homes remains an almost unattainable dream. Prices for both old and new housing continue to grow, and at the end of 2022 there was an annual price increase of 7.1%. This has not been observed since 2007, the last «price bubble»...
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Record inflation, rising interest rates, rising prices for raw materials and energy, problems in the labor market and a drop in the income of the population — all this undoubtedly left its mark on the development of the Spanish real estate market in 2022 and its prospects in 2023. However, all these factors, and more, did not lead to the collapse...
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Both 2022 and 2023 marked the largest change in the monetary policy of the European Central Bank (ECB) over the past 5 years. This, as you might guess, is due to an increase in interest rates. The last increase put 50 basis points. This is less than the initial 75 points and forced many to start building hopes for an end to the rate hike, but the...
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The latest data on the Spanish real estate market indicate a stabilization of the situation and a gradual movement towards a balance between supply and demand. The coming period for the market will be marked by the cessation of disorderly price growth, sharp falls and record volumes of real estate transactions, which will be expressed in the...
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ist destination and having established itself as a good «quiet bay» for the savings of international investors, the local real estate market has acquired a wide and wealthy customer base. The premium housing segment of the country plays a special role in the growth foundation. It attracts the attention of both large investors and ordinary...
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The house is a place of many memories that the residents of these houses have been collecting for years. These memories and a certain value remain forever within the four walls of the native house. Selling a house is always a difficult matter, not only emotionally, but also on a purely practical level. Sometimes it is a necessity, sometimes a...
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Sales of residential real estate to foreigners allowed the Spanish market to maintain high growth dynamics in the second half of 2022 and resist the global trend of slowing, stabilizing and falling of the global real estate sector and the global economy. According to the National Institute of Statistics of Spain (INE), the country's economy barely...
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The residential real estate market of Burgas has entered a negative trend. According to local market experts, home purchase prices have fallen by more than 3% over the past year. At the same time, residential real estate rental rates have maintained growth. At the end of 2022, it was 5%. The situation in Burgas is a clear illustration of the...
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The Canary Archipelago has gained great popularity among foreigners in recent years. Residents of other European countries, including Germany and the UK, have a special love for him. One of the most popular destinations is the island of Tenerife and its northern part — Puerto de la Cruz. Typical resort real estate is quite widely represented on...
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