News, page 45

European millionaires rent out their Spanish houses: the rental price is 6 000 euros per week

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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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The most eco-friendly house in Europe is located in Barcelona: its design is hermetic, and the cost reaches 400,000 euros

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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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Small towns in Spain: where foreigners prefer to buy housing most often

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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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Idealista: In April, the price of secondary housing in Spain increased by 1.5%

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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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Logistics assets in Madrid and Barcelona guide the development of the local real estate market

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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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Shelter during the crisis: with a 6% rise in rates, the number of real estate mortgages continues to grow

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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 volume of investments in the Spanish real estate sector increased by 155% over the year

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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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Real estate for sale decreased by 10% in Madrid, but increased by 5% in Barcelona

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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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The most expensive and popular places to buy and rent real estate in 2022 in Spain

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The coastal cities of Benahavis and Marbella (both in the province of Malaga), Calvia (Balearic Islands) and Sotogrande (Cadiz) occupy the first places in the latest ranking of areas in Spain with the highest prices for buying and renting housing. In the first quarter of 2022, the average price tag for buying a home in these cities exceeded 1...

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Five luxury penthouses in Ensanche, Pamplona

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At the moment, the real estate market is very heterogeneous. Within its framework, you can easily find areas where the price per square meter is twice as high as the prices in others. One of these areas is Lezcairo and Ensanches in Pamplona, the capital of the autonomous community of Navarre. Both are at the top of the ranking of the most...

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