News, page 45

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 Europeans have never been in favor of providing their own for rent, but the current situation requires them to change their habits. They can no longer send and receive funds from Europe, but...

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) - one of the most demanding ratings in the world. This house is an example of the advanced technological development of the construction industry in Spain. It is located in Sant Andreu...

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 cities, far from beach tourism and places usually popular with expats. These small towns include Ciudad Quesada, Palop and Busot, all three located in Alicante, as well as Jeune and...

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 the price. The 1.5% increase in value represents the highest increase in secondary housing prices since August 2020. At the level of the autonomous communities of Spain, a monthly...

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, has presented a quarterly market report with results indicating that 2022 is the first year in which the logistics and housing sectors have become market leaders. ...

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 available data on the Spanish real estate market, it is known that there are some indicators of imbalance: since the beginning of 2020, the supply has shown slight signs of...

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 invested funds. At the same time, 67% of 4.3 billion. the euro came from Spanish, German and American sources. Madrid and Barcelona are the leaders in attractiveness for investment...

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 market. To date, in most of the capitals of the Spanish provinces, there are fewer residential buildings for sale than there were on the market a year ago. Below are some examples...

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 million euros, and rental rates - 2,000 euros per month. In terms of demand among buyers, Madrid and its suburbs became the leader in the first quarter. According to the popularity of real...

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 expensive areas of the country with an average price per square meter of more than 2,800 euros, which is twice as high as in areas such as Milagrosa, San Jorge or Echavacois. ...