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One of the things that needs to be done before selling a property is to inform a potential buyer about any structural problems that pose a danger to the health of the inhabitants. For example, whether there are cracks in the foundation in the house, pests or, perhaps, lead paint. But an equally necessary thing is an explanation of the «emotional...
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«Flipping» residential real estate is one of the most popular forms of real estate investment in the world. Despite the high risk, for example, when compared with earnings from rent, it is able to bring large incomes in a relatively short time. The meaning of «flipping», in other words, short-term resale, is the correct understanding of the current...
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Alicante has been the object of special interest from real estate investors for a long time and, recently, has earned special popularity among small investors. So, in 2022, up to 32.3% of all real estate transactions in the city were carried out by means of this category of buyers. This indicator is 3.3 points more than the results of the whole of...
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The Spanish hotel real estate market continues to attract great interest from both national and international investors. The current situation in the sector drew the attention of the specialists of Cushman & Wakefield, which recently held another annual conference for investors in hotel real estate — «Investments as the basis of the strategy...
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In the current economic situation, and the situation specifically in the Spanish real estate market, prefabricated houses are becoming increasingly popular. Often, they turn out to be a good option both as holiday accommodation and as the main place of residence. This market segment is actively developing, covering more and more new categories of...
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The real estate sector in Spain, the sale and rental of housing in particular, remains one of the few sectors of the Spanish economy that maintains its growth rates at extremely high levels, still holding the post-pandemic momentum of development. In some regions of the country, this is especially noticeable, for example, in Seville. The available...
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The regions of the Mediterranean coast of Spain are currently the most popular real estate markets in the country among international buyers. The main buyers of housing are British citizens. They are followed by citizens of France, Germany and Switzerland. Argentines also appeared in the top ten of the rating of nationalities. All of them are...
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Everyone sooner or later thinks about the opportunities to make money on investments. Real estate is often the first thing that comes to mind and it's not a bad option even for beginners. But where to buy and which market to choose? UAE, USA or maybe Spain? The latter is a promising asset fund for international investors and many today consider...
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Millenium Hospitality Real Estate Company | SOCIMI SA (approx. then simply Millenium or MHRE) acquired the hotel «Iberostar Las Letras Gran Vía» in Madrid, located on Calle Gran Vía, 11, for an amount of almost 70 million euros. The amount does not take into account the additional costs of concluding the transaction, but everything was paid at the...
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Last week, the area of Ciudad Vieja (Old Town), in A Coruña, came to the attention of the media due to the fact that it became the second richest area of Spain. This became known from the statistics on IRPF, which were published by the Spanish Tax Service. Based on these data, the media were able to conclude that the largest number of the richest...
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