News, page 34

Today, Europe is experiencing a difficult economic situation caused by such factors as inflation, fuel shortages and rising fuel prices, declining incomes, rising interest rates on lending — the list is long. But despite this, one of the European countries, Spain, broke its own historical record in attracting real estate investment. And we are...

According to CBRE, real estate investments in Spain in the first half of 2022 amounted to €9.87 billion. The figure was 80% higher than the results of the same period in 2021. This is the best record in the history of the company ever. What came as a surprise was that the growth in investment stimulated the real estate sector for retail. The total...

As is usually the case, the onset of summer dramatically increases the interest of international buyers in purchasing a second home in Spain. Huge demand for tourism, travel, moving to another country, and buying overseas housing has been accumulating from the international buyer since the beginning of the pandemic, when international restrictions...

The return on investment in residential real estate has changed dramatically over the past 10 years, going through various scenarios. In particular, the market experienced falls and structural changes during the COVID-19 pandemic, which has now been replaced by global economic and geopolitical threats. Against the backdrop of the latter, some...

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...

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...

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...

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...

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...

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...