News
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The recovery of the real estate sector after the pandemic in Alicante has passed with lightning speed. Sales turned out to be so good that the province became the leader among the provinces of Spain in sales of residential real estate in 2022. About 60,000 transactions were concluded, which was the highest figure since 2007. The main buyers were...
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The Bank of Spain today pays special attention to ensuring that new mortgage loans issued by the country's financial institutions are not provided at too low interest rates, trying to return the demand for credit resources. The central bank is concerned about the potential unprofitability of such practices. The Bank of Spain found that rates on...
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One of the most significant financial investments in a person's life is buying a house. It requires a lot of time, effort, knowledge and, of course, savings. The latter, even with affordable loans, will require many years of accumulation. According to a study by the InfoJobs platform and the real estate price index from the Fotocasa portal, in...
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According to the European Mortgage Federation (EMF), in the first quarter of 2023, Spain became one of the cheapest countries in Europe to open a mortgage loan, along with Portugal and France. The latter is closest to Spain, in the latter the average interest rate on a mortgage loan is at 2.67%, while in France this indicator is at 2.5%. Spain has...
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Experts of the Spanish analytical agency DBK note that the number of housing facilities for the elderly on the market is growing, despite the fact that this segment of the market is at the initial stage of its development. The industry of such housing received a serious blow during the pandemic, supply growth has decreased and the employment of...
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In recent years, the trend of real estate construction and alternative residential real estate assets has been gaining momentum in Spain. We are talking about a wide variety of projects, from general type colivings to housing for the elderly. Social housing and flexible living spaces are one of the promising areas of development for the market...
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Malaga, along with Barcelona and Madrid, tops the list of the most expensive Spanish cities to build, according to the report "International Construction Costs in 2023" (ICC), which analyzed the 100 largest cities in the world on six continents. In the world ranking, the first three places are occupied by Geneva (Switzerland), London (UK) and New...
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Coworking spaces are gaining more and more popularity in the real estate market of Valencia and its metropolitan community region in particular. The flexibility, quality and comfort they offer both in terms of space used, as well as in terms of tariffs and prices, makes them an increasingly attractive alternative to traditional office buildings....
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A few weeks ago, the General Council of Notaries of Spain published a study according to which Asturias turned out to be one of the most favorite regions of the country for buying housing among foreigners. In the second half of 2022, the number of home purchase transactions on their part increased by 34.7% year-on-year. In the second half of 2022,...
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The Spanish real estate company Colonial announced a 5% increase in net profit for Q1 to 38 million euros or ($41.8 million). This was facilitated by the growth of the company's income from the rental real estate sector, associated with an increase in demand and the degree of occupancy of premises. All this, in turn, is due to the general price...
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