News, page 29

The real estate sector in Spain is forecast to slow the pace of home sales growth down, which is associated with unstoppable inflation and higher interest rates on lending by the European Central Bank (ECB). At the same time, a 5% rise in residential real estate prices is anticipated across the country in 2023. The number of home sales transactions on the national market has risen steadily and significantly over the course of 16 months, ending in June 2022. The National Institute of Statistics (INE) of Spain has consistently recorded...

Solvia, a real estate services company, has launched a programme according to which an ordinary buyer is invited to purchase one of more than 3,100 garages and parking spaces across Spain. Each of them is sold for a reasonable price of around 7,600 euros. 312 lots with an average area of about 18 meters are part of the parking spaces for sale in the province of Malaga. Besides Malaga, garages can be purchased in such autonomous communities as Madrid (705), Valencia (684), Catalonia (443), Andalusia (415), Castile and León (396),...

Idealista, a real estate portal, has published a list of the top ten most expensive houses currently on its platform. Seven properties from this rating are sold in Malaga, while three units are sold in Mallorca. We’ll explore the Mallorca offers and the benefits that buyers can get from making this purchase. A villa worth 24.9 million euros in Port d’Andratx The most expensive home in the Balearic Islands right now is a recently constructed villa of about 1,300 sq.m. and is situated in Port d’Andratx....

Catalonia is a hot market with a lot of interest from foreign buyers. Even here you can find properties that deserve attention, but for one reason or another are bypassed. Below we present six homes that are great for wealthy buyers. 1. Unique chalet in Sant Andreu de Llavaneres The most expensive property in Catalonia is for sale in Barcelona, Maresme. This is a villa in the unique community Supermaresme in San Andrés de Llavaneres. The villa’s development began in 2021 and the house is still under...

A press release was published on the official website of the Roma football club, which indicates the start of a partnership with the real estate portal Idealista. The cooperation will focus on the technological development of Italy and Idealista will become a full partner of the sports club during the 2022-23 season. The portal will be present at the Stadio Olimpico in Rome, as it already happened during the Roma-Cremonese match, when special LED screens were installed at the stadium on the sidelines. ...

Once again, the State News Agency (BOE) has published information about residential real estate affordable for those who have a limited budget. Such properties are sold through an auction and everyone from any part of Spain can bid on the lots. It is worth noting that as part of such an event, not only residential properties are sold, but also vehicles and other property and assets. In most cases, the real estate sold in this way, or another asset, is seized from the debtor, who could not or refused to repay the loan for the acquired...

By August 1, 2022, there were more than 40,200 luxury homes for sale in the Spanish residential real estate market. The price of each home exceeds 1 million euros. If we consider the offers' distribution by regions of the country, the Basque Country occupies a leading place in the number of properties for sale. There are 288 premium villas in the Basque Country of Biscay, which is 0.7% of the total number of luxury villas in Spain. Gipuzkoa has 198 villas, or 0.5% of the total. On the other hand, only 11 properties can be found for...

Raisin, a platform that helps consumers get the best deal from their savings, conducted its own research of the residential real estate market in Spain to determine whether housing is available for an ordinary buyer. The research collected data on typical household spending in the current economic climate, average property prices in Spanish regions, the average salary of a potential buyer, and the speed of acquiring a home for an average buyer. All of this revealed some surprising information regarding the state of the Spanish market,...

In Spain, when discussing “luxury real estate”, it is always about properties with prices starting at or above $1 million. It is $3 million if we want to talk about the highest level of the premium segment. There are plenty of similar properties available for purchase across the country, but Navarre is one of the best locations. By August 2022, there were 3 luxury properties and 44 premium residential real estate units available on the local market. According to Idealista, a real estate portal, the vast majority of them were situated...

Beginning in 2021, as the COVID-19 pandemic’s peak phase came to an end, the Spanish real estate market began to recover and experienced a monthly recovery boom. Prices were rising as a result of increasing demand and decreasing supply. All of this has resulted in price growth for the majority of goods in almost all regions of the country to startlingly high levels at a time of inflation. The issue with raw supplies, building materials, and energy carriers made the situation worse. For this reason, finding affordable residential real...