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According to the report prepared by the Idealista real estate portal, the city of Getafe (prov. Madrid) again took second place in the ranking of cities in Spain in terms of buyers' interest in purchasing real estate. The report was based on data collected for the first quarter of 2022. The first place in the last quarter was taken by Madrid, the...
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In April 2022, the Valencian Community recorded an increase in the average price of secondary market houses to 1,421 euros per sq.m. This figure is 1.71% higher than a month earlier, in March, and is a record in Spain for the specified period. In turn, the Alicante region showed the second largest growth in Spain, rising by 2.16% in percentage...
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Some wealthy Europeans who have residential real estate in Spain have started renting out their real estate, as they cannot visit the country in the current situation. In many cases, these houses are their «secondary housing» or long-term vacation homes. Most often they are located in exclusive, elite urbanizations. Experts point out that...
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Jose Antonio Gonzalez, founder and CEO of Arquima, spoke at the Rebuild tech fair to present the most eco-friendly house on the European continent. The company's project received a similar title after passing a double certification in Passivhaus Premium (Passivhaus Institut) and receiving 5 quality leaves of VERDE (Green Building Council Spain) -...
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Traditionally, the interest of foreigners acquiring residential real estate in Spain tends either to coastal, often resort, areas, or to large cities and agglomerations. Ideal examples are Madrid and Barcelona with their vast suburbs and periphery. However, there are also foreigners interested in living in much more remote areas: in small Spanish...
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According to the latest data on the real estate price index from Idealista, the price of secondary housing in Spain increased by 1.5% in April 2022. The cost per square meter of such housing was 1,853 euros. This April figure was 3.3% higher compared to the same period in 2021. Besides, the result is only 9.7% lower than the historical maximum of...
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After two years of the pandemic, Spain began to gradually return to normal life. At the same time, the local real estate market began to gradually recover. The latter was clearly evidenced by the first quarter of 2022, which was marked by a noticeable increase in the estimated value of real estate assets. A real estate consulting company, CBRE,...
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According to the statement of the Bank of Spain, the residential real estate market in Spain shows no signs of decline, so there is no need to apply macroprudential measures (approx. sector support to protect against systemic risks). There has been a «slight» increase in real estate prices, but it should not be a cause for concern. According to...
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The real estate sector in Spain completed the first quarter of 2022 with investments totaling about 4.3 billion. euro, which represents an increase of 155% in annual terms. This data is shared by the real estate consulting agency CBRE. Real estate funds, investment funds and deposits of private investors accounted for 53% of the total amount of...
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In the first quarter of 2022, the supply of residential real estate for sale in Spain decreased by 1% year-on-year. Below are the data published in the Idealista research report on the state of real estate markets in Southern Europe. With the exception of Barcelona, the capital cities of Spain record a decrease in the supply of real estate on the...
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