News, page 21

According to the forecast made by the chairman of the Housing Observatory on the basis of data from the Ministry, supplemented by data from the Observatory, housing prices will rise by exactly 10.9% in 2023. This figure is obtained by adding 2.9% for the first quarter of 2023, 2.8% for the second quarter, 2.7% for the third quarter and 2.5% for the fourth quarter. «The price of housing continued to rise, following the trend shown in previous quarters, which suggests that this trend is difficult to break immediately, the correlation is not...

Madness in the real estate sector. In this case, CaixaBank led the revolution in the market. The bank did this by putting up for sale several very interesting properties through the Haya portal. In particular, you can see 1,103 new apartments, duplexes and semi-detached houses that attract attention due to their incredible prices. The cheapest starts from just 10,700 euros. Without a doubt, this could be a great opportunity to buy your first home. At a time when the real estate market is becoming increasingly tense, such...

More and more foreigners are choosing Spain to buy a home. Lucas Fox's report on the Spanish real estate market, which analyzes the first half of 2022, shows that the share of foreign buyers continued to grow during this period, reaching a peak of 24,000 sales in the second quarter of 2022, which is 76% more than in 2021. The UK, Germany and France continued to dominate foreign demand, followed by the USA and the Netherlands. «In the first and second quarter, traditional markets such as the UK, Germany and France continued to...

Last year, Spain's leading fortunes had assets worth 143 billion euros, which is 10.45 billion or 6.8% less than in 2021, according to the latest list published by Forbes. However, another important question is where do the richest people invest, how are their portfolios formed, or what industries do they focus on in order to keep their wealth at a high level? Starting with the largest fortune in Spain with 53.5 billion. euro, Amancio Ortega, it is worth noting that his main source of investment is still Inditex, the company of which...

In the current economic situation, rising interest rates and inflationary pressures, many people will think twice before buying a home. Especially in Madrid and Barcelona - the places with the highest real estate prices. The real estate market is going through a very unstable time, which is reflected in the purchase of houses. The increase in interest rates implemented by the European Central Bank has slowed down the demand for real estate due to rising housing prices and greater difficulties with access to mortgage loans due to the...

Investments in the real estate sector in Spain ended the year with a volume of about 17.5 billion. euro, according to data published by the real estate consulting company CBRE. Paloma Relinge, Director of CBRE Capital Markets in Spain, stressed that these figures show that the real estate sector in Spain «continues to be attractive to investors, even in a changing macroeconomic context». «We see a fairly positive end to the year, with investment levels similar to those achieved in 2018. In 2023, we will see a lot of caution...

Foreigners are actively returning to the Spanish housing market after the pandemic. In 2022, house purchases broke records, and the average price per sq.m. of real estate reached the highest level for all the time of accounting. In the luxury sector, foreign demand has even outstripped domestic demand. During 2022 of this year, the main foreign buyers remained the British, Germans and French, although other nationalities began to occupy an increasingly prominent place. For example, the Dutch, Norwegians, Irish and Ukrainians,...

According to the international report «Main Streets Across the World», prepared by the real estate consulting company Cushman & Wakefield, Paseo de Gracia is the shopping street with the highest rental rates in Spain. With an average rate of 2,677 euros per square meter per year, Paseo ranks 18th in the world. Brands such as Dior, Versace, Loewe and Swarovski are located here. To break into the lead, Barcelona street had to overtake Portal de l'Angel, who previously held the first place in this rating. The last update of the...

The real estate market has undergone significant changes over the past few years. Economic shocks, factors and trends in the market, crisis trends in the global economy and international instability played a role. Among the key factors of changes in the real estate market are the individual needs of buyers and tenants. They have also undergone changes over the years. An important place is also occupied by prices, which have been growing, perhaps too actively in recent months. Armando Lasauka, CEO of aProperties agency, points out...

Grupo Lar, an international company registered in Spain, specializing in investment, construction, development and property management, announced that it has started work on the construction of six new residential complexes in Spain — five with rental housing and one complex for sale. This is the next step of the company in its strategy of creating a diversified real estate offer both geographically and structurally. Miguel Angel Peña, CEO of Grupo Lar's housing division, points out that there is no doubt that there is a shortage of...