News, page 48

Real estate crowdfunding startup Bricksave, co-founded by argentinean Sofia Gancedo, is diversifying its portfolio and expanding its activities in countries such as the USA, Portugal, Spain, Austria, and Switzerland. The company has completed financing of over 150 properties in cities such as Miami, Chicago, Detroit, Vienna, Barcelona, and Lisbon. The volume of investments reached $20 million, and their profitability amounted to $3 million. But having gained a foothold in some of the key real estate markets of the planet, the...

The name of Luis Medina (Abascal) became widely known only a week ago. This happened after a Spanish court accepted a complaint filed by the Anti-Corruption Prosecutor's Office against the son of Nati Abascal, Duchess of Feria, as well as businessman Alberto Luceño, about overcharging when purchasing masks. The masks were purchased for the Madrid City Council in March 2020, at the very beginning of the pandemic. According to the Prosecutor's Office, both businessmen used "their friendship with a relative" of Mayor José Luis...

The luxury real estate sector in Spain began to actively recover after the most difficult months of the COVID-19 pandemic in 2020. But there was a really sharp increase in the number of transactions in 2021. It also became known that foreigners account for a significant share of premium home purchases in Spain — 16.3% of the total. The Balearic and Canary Islands have a higher share, with 43.5% and 31.6%, respectively. These data were obtained from the VIVA Sotheby's International Realty report. ...

Sales of houses on the secondary market in Talavera increased year-on-year, although they showed a decrease on a quarterly basis. The city follows a trend at the national level: a noticeable increase over the past 12 months, but a decrease in the first quarter of 2022. The data below was provided by the Idealista real estate portal. The organization also collects data on annual, quarterly, and monthly market developments in major Spanish municipalities. Looking at sales trends by district, the Old quarter grew the most, with...

Experts analyzed the latest trends in the Spanish real estate market during the Easter holidays. The demand for booking holiday homes increased by 7% compared to 2021 and by 10 compared to 2019. Over the next 15 days, real estate in such Mediterranean regions as Costa Blanca, Costa Brava and Costa del Sol will be the most sought-after. With Andalusia and northern Spain, these locations had over 50% of house bookings. Although the number of bookings made by Spaniards decreased slightly compared to the previous year, the demand...

The situation in the Spanish real estate market offers many opportunities for both expatriates and investors. The pandemic, combined with the turbulent macroeconomic and political climate, has increased the level of uncertainty. Despite this, the demand for housing has skyrocketed, while the supply has remained the same stable. In the first 3 months of 2022, prices for secondary real estate in Spain have risen. The size of the quarterly growth was 0.3%, and the size of the annual growth was 0.8%. As a result, investors' interest has...

In the coming years, the Spanish real estate market will continue to develop and offer new investment opportunities. According to Inmsa Real Estate, this is the most attractive country for investments in residential and commercial properties. Mariano Capellino, CEO of a real estate investment management company, says that investors should take into account the difficult situation as a result of the military conflict in Ukraine. Some countries have suffered more, others less. There are those who have benefited economically. This is...

Property prices in Spain continue to rise but show signs of slowing down. Experts believe that a period of stability will come, and it will last until the economic uncertainty, aggravated by the war in Ukraine, disappears. According to the latest data published by Tinsa, primary and secondary housing prices have risen by 6.8% since March 2021. But they have increased by only 0.3% since last month. This trend is typical for the whole of Spain. Annual growth ranged from 5.9 to 8% in all areas, from large cities to coastal provinces....

Buying a property is a profitable investment. In the case of the first housing, it provides the buyer with a roof over his head, and he will own it after paying the mortgage. Subsequent investments bring short-, medium-, and long-term profits through leasing and resale. Is it profitable to buy real estate in Malaga? The answer is ’Yes, it is,' according to experts. Recently, the Fotocasa portal has published a real estate rental price index in Spain, and Malaga is one of the provinces with the largest increase in rental prices over...

The real estate market in Spain continues to grow. The Association of Registrars recorded 7,772 purchase and sale deals for houses in Catalonia this February. This is 22.4% more than in the same month of 2021. This foreshadows a promising first quarter for the sector: sales of 7,800 homes in January in this area increased by 24% compared to the same period last year. In February, there were 14,000 real estate purchase and sale transactions (of all real estate types) in Catalonia, which is 17.4% more than a year ago. In January, the same...