News

  • Up to 40% of real estate transactions for foreigners in Spain were in Alicante

    The province of Alicante retains its leadership in the tourist housing sector in Spain. According to the data of the Provincial Association of Real Estate Developers (Provia) for the first half of the year, even then Alicante left its competitors far behind. Provia data was taken from sources of the Ministry of Transport, Mobility and Urban...

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  • Spain has decided that a «tax on large fortunes» will be levied on houses owned by non-resident foreigners

    New amendments to the «tax on large fortunes» have presented an unpleasant surprise for non-resident foreigners in Spain who own real estate in the amount of 3 million euros. In view of this small correction, the entire Spanish luxury housing market may be shaken. However, so far, the changes in the legislation have yet to pass final approval....

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  • Only 4% of tenants in Spain allow families with cats or dogs to rent housing without conditions

    Data from the Fundación Affinity Foundation and the Fotocasa portal demonstrated the difficulties of people with pets. Having conducted a small joint study in order to establish how difficult it is for pet owners, mainly dogs and cats, to find free rental housing and demonstrate the barriers they have to face. According to their figures, there are...

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  • Experts of the Spanish real estate market indicate that there is stagnation, but changes are coming

    The real estate market is in uncertainty, it suffers from a slowdown in economic growth and stagnation in the degree of activity in the market itself. This is provided by the richest range of factors, including, of course, inflation and rising interest rates. Low rates of new construction also do not help the situation. Despite the presence of a...

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  • Real estate or cryptocurrency — where to invest in 2023

    The last year has been turbulent for the world of cryptocurrencies and, in many ways, decisive. Uncertainty in the global economy, crises caused by high inflation, rising interest rates, the armed conflict in Ukraine — all this has put investors in a rather uncertain and precarious position. At the head of the corner, the question quickly arose —...

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  • Up to 59% of companies from the real estate sector in Spain predict that rental rates will continue to rise

    According to the fourth edition of the report «Measuring the state of real estate companies in Spain», prepared by EjePrime in cooperation with the consulting company aProperties, up to 59% of organizations in the Spanish real estate market expect continued growth in rental rates. Respondents attribute this to market congestion, inflation and...

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  • What investors are buying in the face of a possible recession?

    The Spanish real estate sector is going through a cycle change when two alarming circumstances converge for the market: inflation, which is now approaching double digits, as well as an increase in interest rates, which has led to the fact that the Euribor index has already exceeded 3%. In view of this, it is worth analyzing whether investors...

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  • Residential real estate is a «safe haven» for investment

    The macroeconomic conditions that Spain and the world are currently experiencing, with high inflation and actively rising interest rates, have an impact on the housing market as well as on other markets. However, as in past periods of crises and instability, housing is still one of the most reliable havens for investors. Many financial experts...

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  • An exclusive Spanish house with a tunnel directly to the sea has been sold

    Location is one of the key characteristics taken into account by most property buyers. At the same time, choosing a house is one of the most important decisions in life for a huge number of people. In view of this, the choice of real estate and the choice of its location plays an incredibly important role when making a purchase decision. Many...

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  • How to participate in auctions for public housing?

    Auctions for public housing facilities are held from time to time in Spain. Such auctions are announced in the Official State Gazette (BOE). Buying a new house at an auction of this type is an ideal opportunity to purchase real estate at a price below its market value and, according to the Idealista real estate portal, in various cases it will help...

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