News, page 24

Secondary market housing prices in Talavera Municipality continue to grow slowly but steadily. The recovery of the construction sector and the real estate market at the national level after the pandemic has not spared the housing of Talavera. Today, the Spanish real estate market is facing new challenges related to the global economic crisis, but Talavera, so far, retains the strength for stable growth. It is worth referring to the market data provided by the Idealista real estate portal. In annual terms, the average price index in...

Berkshire Hathaway HomeServices, a real estate company owned by Warren Buffett, has opened a new office in Spain. This time — in the city of Malaga. The office will expand the company's presence in Spain and support the activities of another office in Marbella. Buffett's company focuses on luxury real estate in these Spanish regions. Despite the fact that the Costa del Sol is one of the key areas for buying premium housing, the demand, especially foreign, is not limited to this region. It is actively spreading to the rest of Spain,...

From September to October 2022, Idealista and the portal «Pisos.com» we have recorded a noticeable decline in secondary market housing prices in two key cities of Spain — Madrid and Barcelona. This may be like a slight slowdown in the market within the framework of alternating fluctuations, but perhaps the first signs of big changes. Information from Idealista indicates that prices on the secondary markets fell by 0.7% in the city of Barcelona and by 0.5% in Madrid over the month. Thus, the price per square meter of housing in...

German mortgage bank Deutsche Hypo has joined the already long list of European organizations that note the deterioration of the situation in the real estate market of the continent. According to the bank, there is a high level of caution among participants in the real estate market, many operations are paralyzed or take an extremely long time, prices are falling. The latest Deutsche Hypo report indicates that in the third quarter, the indicators of European markets are beginning to weaken, including the Reecox index. ...

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 defects» that housing has. The list of such «defects» includes murders, suicides, and any violent crimes that occurred within the walls of the dwelling. Moreover, in countries such as Spain,...

«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 state of the market. In most cases, an investor needs to «catch» the market at a fairly early stage of growth and find cheap real estate on it. Usually these are «unwanted real estate» -...

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 2021, which accounted for a share of 29%. The main earning strategy for such buyers is renting out the purchased objects. In this regard, Lazaro Cubero, Director of Market Analysis at...

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 for the development of the hotel sector». The event was held at the Intercontinental Madrid Hotel, with the support of IHG Hotels & Resorts and Vignette Collection, and brought together...

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 prices and buyers. One of the striking examples of elite prefabricated houses is a small object with an area of 19 square meters of the brand «KEU Pocket». It will cost about 45,000 euros to...

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 market data demonstrate that currently Seville maintains an extremely impressive pace of construction of new residential real estate and attracts huge volumes of tourists, expats, investors...