News, page 4

Aragon's economy has performed better this year than originally forecast in the region. Despite the turbulent situation caused by both political and economic factors, Aragon has maintained good growth rates, but not the most outstanding at the country level. Ibercaja's research department predicts positive prospects for the region's economy expecting the local economy's GDP to grow by 0.9% in 2023. At the beginning of the year, the forecast was only 0.1% with almost stagnation. Ibercaja's forecast for Spain as a whole has also become...

The process of selling properties can be complicated and time-consuming if you don't know anything about the market and the nuances of real estate purchase and sale transactions. Anyway, each seller expects to sell their property at the highest price and as soon as possible. They can achieve this, but only by certain methods. As always, everything depends on qualified specialists. The role of a professional real estate broker is becoming more important than ever in dynamic markets. If you overpay a bit for the services of such a...

According to the Social Progress Imperative index, Spain is among the top 20 countries in quality of life. If we consider its cities, two ones are the most attractive. Vigo takes the first place, and Zaragoza is the second. The difference between them is only one basic point of the rating. Why is Zaragoza so attractive, and what can help it become a leader? Zaragoza is well known as a comfortable and peaceful place to live, it is a place with a rich culture, affordable public services, good infrastructure and inexpensive housing in...

Dolce & Gabbana, an Italian fashion house, is taking another step in expanding its portfolio and business. The fashion house has announced its debut in the real estate market and is going to launch three brand-new development projects in Europe, America and Asia. The company enters the luxury residential property market in Marbella (Spain) and Miami (Florida), and also opens its business in the hotel sector through a project in the Maldives. All these projects will be made in the corporate style of D&C. The company is going...

Investments in the real estate segment for the retail industry in Spain will amount to 4.45 billion euros in 2023. This is indicated in the report of the consulting company JLL "Retail sector: Stores as a tool for creating value for business". According to the company, this indicator will be an increase of 310% by 2022 and a record amount of growth for the sector. One of the main factors of this growth was a large transaction for the purchase of 659 bank branches worth around 2 billion euros. If we exclude this transaction from the...

The real estate market in the province of Alicante experienced an impressive increase in popularity in 2022, demonstrating record sales figures since 2008. As a result, a significant increase in prices was recorded in the market, due to both the recovery of the economy and the increase in prices for building materials and a shortage of labor. However, when compared with national indicators, the increase in the average price of housing in Alicante by 5.8% turns out to be quite modest. In any case, in view of this situation, many...

According to the Sociedad de Tasación report, the price of new housing and secondary market housing in Spain increased by 4.1% year-on-year by the end of March 2023. The average figure reached 1,801 euros per square meter. Consuelo Villanueva, head of the company's department for working with large clients and institutional investors, pointed to the continued growth of average prices in the country, even despite a noticeable slowdown in the market. The Sociedad de Tasación study shows that for 2023, the semi-annual price growth rate...

The luxury housing market in Spain continues to experience a "boom" of growth. This process began at the end of 2021 and was consolidated in 2022. This year, experts point out that the situation will not change and even large growth rates can be expected. The fact is that the profile of a typical buyer of luxury housing has completely different characteristics than the profile of an ordinary market participant. It is more resistant to shocks and exceptionally solvent. But besides that, a number of other factors affect the growth of...

In recent years, in Spain, as in many other countries, such as the United States, the investment practice of flipping real estate, residential real estate first of all, has become very popular. It is mostly popular in large and dynamic markets, as it is based on short-term speculation rather than long-term strategies. In Spain, this practice has become popular mainly in large cities such as Madrid, Barcelona and Valencia, where there is a high demand for housing and actively growing, high prices on the market. For such investments,...

Investment experts consider the Spanish real estate market as a good shelter for savings, which will allow many investors to survive the unfolding global economic crisis, inflation and a number of other problems that are already firmly entrenched in the global economy relatively painlessly. This was stated by Luis Emilio Vegas, CEO of Premier Personal Brokers and former president of the Venezuelan Chamber of Real Estate (CIV). He devoted about 30 years to real estate brokerage, worked in Caracas (Florida, USA), and now works in Madrid...