News

  • Every 5th Spain Resident Is Going to Buy a House in 5 Years

    Every 5th Spaniard plans to purchase a residential property in the next 5 years. These are the main data of the report "Radiografía del mercado de la vivienda 2021-2022" published this Monday by Fotocasa, a figure which is 3 percentage points higher than in February 2021. In particular, the real estate portal notes, 8% future buyers plan to do...

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  • During the 1st quarter of 2022 Real Estate Prices in Spain Rose by 8.5%, Below the EU Average

    During the first quarter of this year, house prices rose by 9.8% in the Eurozone and by 10.5% in the EU compared to the same period in 2021. This is the highest growth since 2005 in the case of the Eurozone and since 2006 for the Union in general. In Spain, real estate prices rose by 8.5% year-on-year and 2.6% qoq, compared to 6.3% year-on-year...

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  • The Largest Number of Real Estate Sales in Spain Came From the Provinces of Malaga, Alicante, and Almeria

    In May 2022, more than 60,000 sale-purchase transactions for residential real estate were recorded. Thanks to this figure, the market secured a record that has not been broken since 2008 and confirmed that the Spanish property market has recovered from the pandemic. Now it faces new challenges. The 1st challenge is the uneven distribution of...

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  • Foreigners and Their Favorite Places to Buy Property in Spain

    After a two-year pandemic break, foreigners are actively returning to the Spanish residential real estate market. In 2021, residential sales to foreign buyers accounted for 10.8% of the total number of transactions in the sector. Over the past decade, the highest rate was 13%. Despite the fact that in a global sense the share of foreigners is not...

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  • 30 Municipalities in Spain with the Cheapest Residential Property to Buy

    The December report of real estate portal Idealista on housing prices in Spanish municipalities gives an idea of the cheapest regions in the country. Especially if you link this to the data for the first half of 2022, which will be discussed below. To begin with, we will indicate the cheapest municipalities in Spain from the "Top 30" according to...

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  • Since 2023, Property Prices in Spain Will Begin to Slow Down Their Growth

    According to estimates published in S&P Global Ratings, residential property prices in Spain should rise by 4.6% in 2022 and, after reaching their peak, begin to decline during the next 3 years. Already in 2023, the extremely active growth of previous years will slow down to 4%. Up to 3.5% slowdown should occur in 2024 and up to 3.2% in 2025...

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  • Clean and Green Mobile Pre-Fabricated Houses from EUR 33,000

    Small-sized prefabricated houses or, as they are also called, "tiny houses" are becoming more popular in Spain. Against this background, in recent years, the number of companies involved in their construction and distribution grows steadily. Small in size and easily moved properties are especially popular among those who are looking for a second...

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  • CBRE: Balearic Islands Become Top Investment Destination for Spainish Hospitality

    In 2021, investments in the hospitality sector in the Balearic Islands grew by 69% year-on-year, and the total volume exceeded EUR 550,000,000. This makes the region one of the key destinations for hotel investment in Spain. In 2022, the archipelago expects an even stronger increase in the investments number in this sector than a year earlier,...

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  • The Most Expensive Land Plot in Spain is Located in Galicia: How Much Does it Cost?

    The provinces of Spain are extremely rich in impressive landscapes. There are views of rivers and springs, water meadows and mountain peaks, forests, game reserves and small country paths. In the real estate market, where location is one of the main criteria for evaluating the purchased goods, such views always attract great demand and create high...

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  • The Most Popular Beaches in Spain for Buying and Renting Property

    With summer coming and the number of employees moving to a remote mode increasing coastal locations are once again in the spotlight when it comes to finding long-term properties. Every year the number of people choosing the Costa del Sol increases. Malaga is often name "the perfect place to live and work." The province has several municipalities...

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