News
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The Spanish Buyers and Consumers Organization (OCU) surveyed residents from 15 major cities in the country to determine their quality of life. The organization has an interesting list of the most comfortable regions to live in modern Spain, in which Vigo unexpectedly ranks first, while the capital of the country was only in 6th place. The main...
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The National Association of Real Estate Agents of Spain (ANAI) signed a cooperation agreement with Colombia and Ecuador during the 7th Latin American Real Estate Congress. The main goal is to promote the free movement of investments and synergies in this sector on both sides of the Atlantic. This is not the first step that ANAI is taking to gain a...
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Although prices for luxury residential real estate continue to rise around the world, in the largest cities of Spain, prices are growing much slower than the global market average, determined by the world’s largest megacities. According to the latest report "World Cities Index for Premium residential real estate" published by the consulting...
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The long-anticipated new global economic crisis has begun to take shape. Recent data on the economic state of the People's Republic of China indicate a slowdown in economic growth in the last (II) quarter, which was only 0.4%. Although this step for the Chinese economy is planned by the government, it still affects the global economic system...
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According to the National Institute of Statistics of Spain (INE), in the first half of 2022, the average cost of opening a mortgage loan in annual terms grew by 23%. Nevertheless, residential property sales continued to grow by 18.8%. Against the backdrop of an ever-growing market, more and more people are wondering whether a new "bubble"...
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The Spanish real estate market continues to break records. According to the National Institute of Statistics of Spain (INE), sales of residential real estate only in the first month of the summer period (June) showed an annual growth of 18.8%. This has not happened since 2007. A total of 58,010 deals were concluded. At the same time, Spain's...
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Although the Spanish real estate market has coped with many changes over the past decade, there are always enough areas offering extremely elite and expensive properties to buy. Housing is almost unaffordable for the average buyer. According to a study by the Idealista real estate portal, the most prestigious street in Spain is located on the...
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In the rapidly changing economic and international circumstances, the European real estate market is recovering after the pandemic. In 2022, the main driving force was the trend of strong growth in sales and prices for residential real estate. Interest in villas, condominiums and apartments in Europe has grown significantly, and Spain has become...
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The secondary housing market in Spain is thriving after the end of the acute phase of the COVID-19 pandemic. The activity of the domestic buyer, the return of foreigners, the investors' attempts to find a safe haven — there are plenty of reasons for growth. Today, in the third quarter of 2022, this segment of the Spanish residential real estate...
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You can often hear that summer in Spain can be a good time for many things, but definitely not for the real estate market. It is a time of heat, holidays and vacations. It seems that the entire market freezes, focusing its attention on several regions and major market segments. According to José María Basañez, President of Tecnitasa real estate...
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