News

  • Cities in Spain with the highest rates of new housing construction

    The unbridled growth of inflation, the international crisis related to the conflict in Ukraine, the increase in interest rates by the ECB — this and much more portend major problems for the economy of the whole of Europe. Spain, which is already suffering from systemic unemployment, falling average incomes and a number of other problems, may find...

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  • The cheapest areas in Spain to buy a home until the end of 2022

    Regionally, the Spanish real estate market is heterogeneous, both in the number of offers on the market, the quality of real estate, and in prices. From autonomous community to autonomous community, from province to province — prices vary quite a lot. It is worth carefully studying the market before buying. Below is information about the cheapest...

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  • Blockchain affects the real estate market: the world’s first agreement on a “tokenised” residence

    Reental and Nash21 have entered into a groundbreaking agreement to collect rent for “tokenized” real estate, i.e., accommodation whose value has been turned into a limited number of tokens stored in the blockchain system. By collecting rent from a Seville residential property, the agreement guarantees a profit. This type of agreement has become...

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  • About 100,000 residential property transactions recorded in Madrid in 2022

    According to Sociedad de Tasación, an independent appraisal company, by the end of the third quarter of 2022, prices for new buildings in Madrid will continue to grow with an increase of another 7.8%, reaching 3,968 euros per square metre. One of the main reasons for the price rise is the inflation crisis, which has resulted in rising prices for...

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  • Apartments in Oviedo, an investment options from 33,800 euros

    Buyers most frequently turn to the secondary market for real estate for sale, choosing affordable and previously occupied properties. The search for affordable housing is more essential than ever for many Spaniards, in a situation of the country’s extraordinarily high, rapidly growing housing prices, and a lack of new developments. Such units...

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  • The cost of re-equipment and renovation of a home in Gipuzkoa

    The municipal authorities of the Spanish regions are always in charge of determining the requirements for the interior design of living dwellings. As a result, the requirements and costs for converting non-residential space into residential space vary depending on the region of the country. For the quickest and most profitable development of a...

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  • Sueca takes third place as the most expensive housing in Spain

    Sueca is a city in the province of Valencia and the capital of the Ribera Baixa region, with a population of just over 28,000 people. In terms of the growth in home prices over the previous year, this city ranks third in the country. In the previous 12 months, the cost of real estate per square metre in this area increased by 16.28%. In the city,...

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  • Apartments and houses available for purchase from Andalusia’s banks for 8,000 Euros

    Currently, many banks have a large amount of real estate in their possession. These are properties that were seized from people who failed to pay mortgage loans that were used to purchase houses; as a result, they are offered for sale under attractive conditions. This should allow banks to quickly return the lost funds. As soon as the bank takes...

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  • Affordable apartments, duplexes, and chalets for sale from banks: priced at 60,000 euros, with an area of over 100 sq. m.

    Typically, this is about real estate that was acquired from the original owners as a result of eviction, general insolvency, or late payments on the mortgage loan used to purchase the property. The bank can and will likely offer the house to new clients once it is available since it has to sell the asset as quickly as possible in order to return...

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  • House flipping: investments in apartments for renovation and subsequent resale with a 20% margin

    The term “house flipping” came to the international real estate market directly from the United States. It refers to the practice of purchasing real estate for the sole purpose of reselling it for a higher price after a preliminary renovation. So it’s not just about exploiting the market’s fluctuations, but also about adding real value to a current...

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