News, page 26
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The formation of the proptech ecosystem in Spain began only 6 years ago. At that time, there were only about 50 startups involved in the development of the technological equipment of the country's real estate market. Over the years, a lot has changed both in Spain itself and in the European real estate market, with which it is closely connected...
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The situation with global inflation continues to affect the purchasing power of the Spanish population. Particular attention should be paid to the households of the Balearic Islands, one of the most expensive regions of the country. According to recent data, local households need to spend 31.8% of their total income to ensure that they can buy a...
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Economists of the European Central Bank (ECB) warn about the upcoming general fall in residential property prices in the eurozone markets. However, Spain is an exception in this case, since in its relation it is worth expecting a reverse trend. And despite the obvious problems that this development creates for the Spanish economy in the current...
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For many international investors studying the Spanish economy, it is no secret that Madrid, the capital of the country, offers some of the best conditions for earning money on real estate investments and high profitability of such activities. However, it is in the last few years that the city has strengthened its position as a key investment...
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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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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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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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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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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 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...