News, page 33

The global financial crisis of 2007-08 provoked a whole cascade of crisis phenomena in the economies of many European countries. For Spain, the Great Recession led to the brick manufacturing crisis of 2008, which lasted almost a decade. By the end of the 2010s, it was finally overcome, the construction sector and the country's real estate market...

Spending days on vacation in the coastal cities of Spain, many people often ask themselves: “What if I invest money here and buy a house?”, “Maybe a penthouse with a sea view?”, How much does such property cost in general and how much should a buyer pay?”. These are the questions that Idealista, a real estate portal, receives. And, having performed...

Bridge lending is an upward trend around the world and is growing in popularity in the Spanish real estate market in particular. Bridge mortgages, essentially a form of micro-lending, are part of a large private finance market, a growing alternative to the traditional banking sector. This private form of lending is firmly established in both...

There has been an extremely active market movement in the autonomous community of Andalusia in recent months,. As in the case of Granada, AEDAS was one of the main drivers of this growth. Today, however, 2 notable new players are entering the market: Cajamar, an online banking Company, and Haya Real Estate, a real estate agency. The joint project...

Premium areas of the hospitality sector have recently received great interest from investors. In the 1st half of 2022, 5 “prime” destinations took a confident lead in demand among depositors: Madrid, Barcelona, the Balearic Islands, the Costa del Sol, and the Canary Islands. The Colliers report indicates that together these areas have attracted €1...

The acquisition of assets through leasing is a good alternative for both individuals and companies with insufficient liquidity. The way to buy real estate at a time of high inflation and market instability is quite important. Certain forms of leasing allow you to sell a house without a bank and an intermediary and gives you the opportunity to...

In the last two weeks, there was information about the volume of renovation of residential real estate in Spain. According to the National Association of Distributors of Ceramics and Building Materials (Andimac), by the end of 2022, the market can expect to repair and reconstruct over 1,750,000 homes, which is 55,000 more than in the previous year....

The affordable luxury real estate market for co-ownership is becoming a reality in Spain. According to the Idealista real estate portal, the Spanish proptech company Vivla has closed its first sale of co-owned housing on the island of Formentera. Vivla representatives report: "We are talking about a villa in Cala Saona worth €2.5 million. The...

Azora, a real estate investment management company, has acquired 1.1 million square meters of land to build affordable housing in Valdecarros. The latter is considered the largest urban development project in Spain and one of the largest in Europe. Thanks to this acquisition, Azora has become one of the largest private owners of this Madrid city...

The second half of 2022 promises to be difficult for the Spanish real estate market. Over the past six months, there have been several new factors in the global economy that can fundamentally change the market. The world economy, like the Spanish economy, will have to face the consequences of rising inflation, the Russian-Ukrainian conflict,...