News
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The Valencian mortgage market will not be able to avoid rising interest rates and other economic consequences of inflation. Data for April indicate a slowdown in the pace of loans for real estate purchasing. The number of mortgage agreements concluded decreased by 22.4% compared to March and by 7.1% compared to a year earlier. April was the 1st...
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In the period from April to June, prices for primary and secondary real estate in Spain retained the dynamics observed during the previous two quarters. The average cost per square meter in the second quarter was 1,685 euros. It is up 2.4% quarter-on-quarter and 8.2% over the last 12 months. In Salamanca, the average cost per square meter is 1,606...
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The healthcare crisis has demonstrated the extraordinary resilience of the Spanish real estate market. Investment properties are gaining popularity in the face of inflation, putting it ahead of other financial assets. Besides, purchasing a house is considered by Spanish society to be easier than making investments into funds or buying shares in...
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Tax agency Aeat has published the 9th edition of the taxpayers list where large debts to the State Treasury of Spain are shown. This list was first published in 2015 under the charge of the former Minister Cristobal Montoro. Since last year’s December the list, which is updated every 6 months, covers all the non-payers whose debt exceeds €600,000...
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The lack of new developments in Spain inevitably leads to a rapid increase in demand for re-sale property. The relatively low cost of such residential properties is one of their clear advantages. The main disadvantage of such properties is usually low energy efficiency. To remedy this, re-sale property buyers can follow these simple tips. More...
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According to the report on real estate market trends, published by the Society of Appraisers, the average cost of new developments in the Balearic Islands increased by 8.2%. This is one of the best figures in the country. On average, the cost of new developments in Spain increased by 6.4%. The purchasing power of Spanish residents increased by 0...
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Although many experts had predicted that the country's economy would face difficulties during the first few months of this year, today's forecasts have become more disappointing. Some are sure that the situation will last for a long time and will have a direct impact on the sale and purchase of real estate in Spain. At present, high inflation in...
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Although many groups of the population, mainly young people, cannot afford to buy a home, in recent years, there has been increased activity in the rental market. This trend has encouraged most companies to open divisions engaged in the construction of new buildings to meet their needs. The build to rent strategy, that is, the construction of...
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Cordia Homes, one of the leading developers in Central and Eastern Europe, has chosen the Costa del Sol as a strategic location for its first project. The Jade Tower Fuengirola building will be located in the sunny region. It was not chosen by chance. As Oscar Vera, the head of the Cordia Homes project in Spain, explains, "the economic situation...
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Squatting is the process of unauthorized settlement of someone else's living space. This illegal trend is observed in many countries, but has worsened in Spain over the past few years. A recent study by the Ministry of Internal Affairs revealed 13,389 complaints in the first 9 months of 2021. This is 20% more than in the previous year. According to...
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