News
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Galicia is a promising real estate market, drawing the attention of both investors and wealthy buyers from throughout Spain and from abroad. The following is a short list of the most expensive districts, with the best real estate, in the autonomous community of Galicia. A Coruña: Old City Old Town of A Coruña is the unchanging leader of any...
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The increase in the Euribor (the Euro Interbank Offered Rate) rate has not yet influenced the local real estate markets, including the market in Murcia. The economic performance of the housing market in the Autonomous Community of Murcia shows that it is coping well with the current crisis. Due to a severe lack of available land for new...
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It has long been no secret that for the majority of Spaniards, buying real estate is an almost unattainable goal if you strive for it relying on your own strength. Back in August 2022, the Spanish bank BBVA warned that the precarious situation of the young Spanish population prevents them from accumulating sufficient capital to purchase housing,...
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House prices in Spain are growing everywhere, but at different rates, which leads to an increase in the gap between the most expensive and the cheapest regions of the country, according to Caixabank. In the first quarter of 2022, San Sebastian (Gipuzkoa) became the city with the most expensive price of residential real estate in Spain. The square...
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The real estate market in Castile and Leone is preparing for a crisis by adjusting the prices of secondary market housing. Most of them are already 30% cheaper than in 2008, at the peak of the «boom» in the sector. The region cools the market before the active phase of crises, so that the fall does not turn out to be fatal. According to the report...
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In 2022, the Principality of Andorra is experiencing a real «boom» in the real estate market. The increase in the number of buyers, local and foreign, forces construction companies to launch new projects that attract even more people, including investors, looping the situation. The described trend, which began after the end of the acute phase of...
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One of the most important expenses in a person's life is buying their own house. Along with buying a car, this is one of the most demanding financial decisions that a layman can take to prepare and plan. In the last few years, a huge number of Spaniards have taken care of buying their own homes, largely due to the large savings accumulated during...
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The European Central Bank (ECB) has already raised the key lending rate twice in 2022, ending more than a decade of extremely cheap money that the general consumer could get negative rates. At the same time, the increase in the cost of lending this year was the highest in the last 22 years. While uncertainty in Europe is growing, the US is already...
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One of the most serious problems that a homeowner in Spain may face is squatting or self—occupation of housing. In most cases, we are talking about the behavior of vulnerable social groups deprived of any "roof over their heads", which is expressed in the search for an empty house and, in case of prolonged absence of the owners, their unauthorized...
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In 2022, the City Council of Jerez (Jerez de la Frontera, Cadiz province) approved the construction of 488 residential buildings, which significantly exceeded the volume of construction in the city last year. Of the specified number of construction licenses, 162 permits were granted for the construction of residential facilities in the historical...
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