News, page 39

You can observe the development of the situation on the example of the real estate market in Barcelona, where dozens of Europeans conduct large and covert operations to buy luxury homes and other elite property. According to local experts, buyers do not have big problems with the purchase of objects themselves, the main thing for them is to find ways to export funds from their accounts in Europe and other countries to Spain. If funds are already available on local accounts, then the acquisition of Spanish real estate does not cause any...

Renting and buying real estate in Campo de Gibraltar is becoming more and more expensive, even despite the economic problems caused by the pandemic and the current international situation. There is a steady increase in demand, sales and, as a result, prices in the local market. The highest price increases were recorded in the municipalities of Algeciras, Los Barrios, La Linea de la Concepcion and Tarifa. At the same time, both the secondary market and new buildings are growing. According to Lucas Carrasco, a member of the board of...

The real estate market of the city of Marbella, the Comarca of the Costa del Sol, is in an extremely «hot» state today. Demand, sales, prices are growing. Against this background, Sierra Blanca Estates, the largest developer of luxury real estate in Marbella, presented to the public its new project — a megacomplex of premium villas with a luxury hotel and a large shopping center. The new project, to which Sierra Blanca has given the name «Marbella Design Hills», is really huge. It will occupy an area of 80,000 square meters, and the...

The problem of «emancipation» of young people on their way to buying their first real estate is a structural problem that Spain has been dealing with for many years. According to the latest data published by the Spanish Youth Council, only 17.3% of the population aged 16 to 29 years are «emancipated», that is, they have enough freedom and opportunities, primarily financial, to purchase their first home. This is the lowest figure in the last three decades. Both labor market participants and representatives of the construction sector...

The hotel real estate sector in Spain is showing pronounced signs of recovery, which is confirmed by sales data for the first quarter of 2022. In the first three months of the year, in annual terms, the total amount of sales in this market segment increased to EUR 995 million. This is three times more than the results of the first quarter of 2021. According to CBRE, a real estate and investment services company, the first three months of this year can be confidently called the best period among similar ones over the past 10 years. At...

The city of Aviles is a great place for both moving and relaxing. It also offers a rich offer of cheap but high-quality real estate, both new buildings and housing from the secondary market. We will devote the text below to fresh offers on the secondary market. Each of the properties listed below has three bedrooms, and prices range from EUR 32,000 to 41,000. Some of the apartments deserve a certain renovation, but others have already been completely renovated and will appear before buyers in their best form. ...

The number of residential property sales in Spain increased by 14.1% in the first quarter of 2022, thereby already reaching the level of 14 years ago. The first quarter of this year ended with the conclusion of 164,299 transactions for the sale of residential real estate, according to market statistics collected and presented to the public by Europa Press. 32,316 contracts were for new real estate, and 131,983 contracts were for secondary market real estate. This is more than the indicators of the IV quarter of 2021 by 13.2% and 14...

In Catalonia, there is a significant deterioration in the situation with the squatting of commercial premises (approx. Squatting — unauthorized settlement of permanently or temporarily empty premises). The activity of squatters is monitored both at the regional and national level by various agencies and, according to available data, 42% of all cases of unauthorized occupation of empty spaces in the country are concentrated in the autonomous community of Catalonia today. After the pandemic and against the background of the current,...

The beginning of 2022 for the Canary Islands was marked by a significant increase in the number of real estate transactions. Having shown impressive growth results of 55% and 43% respectively in the first two months, the region was not so far from the most active and successful autonomous community of Spain — the Balearic Islands. March picked up the established trend, continued it in the same spirit and turned the Canary Islands into the region with the highest annual sales increase in all of Spain. ...

The Asturian real estate market can offer the buyer very favorable deals for the purchase of real estate. You just need to know where to look for them. With some luck, you can find real gems, like quality apartments worth less than EUR 50,000 and just a 5-minute drive from the capital Oviedo. One of the best places to start searching is the municipality of Llanera. Its distinctive feature is good transport links and location: 5 minutes to Oviedo and 10 to Gijon. This is a strategically important point of the entire province, hiding...