News
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The Alicante housing sector is recovering, as evidenced by various indicators measuring the development of the real estate market. The secondary housing market is particularly booming. In terms of sales in the secondary market, Alicante is Spain’s leading real estate market with 19.1 transactions per thousand inhabitants. Alicante and two other...
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Real estate prices in Spain are gradually approaching the highs of 2008, recorded before the "bubble" burst in the housing market and the world plunged into a global financial crisis. According to the latest data in the "Yearbook on statistics of the real estate register for 2021", the average price for buying a house in Spain has reached 179,887...
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Murcia has become a leader in the number of mortgage loans issued for the purchase of housing in 2021. The region has the highest growth among all the autonomous communities in Spain: 41% compared to 2020. Over 16% of all loans were issued to foreigners, mainly to Britons. According to the Association of Registrars of Real Estate, Commercial and...
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A Spanish Fintech startup Reental.co, engaged in real estate tokenization, said that it had sold a house in Seville with tokens in less than 4 minutes. This is considered a "record" for a company engaged in popularizing investments in this type of digital assets in the real estate market. 57 investors from four different countries competed for...
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A new skyscraper has appeared in Benidorm, a city in Alicante. It is about Benidorm Beach, a 126-metre high residential building consisting of 36 floors. The property is located in the area of Poniente Beach, one of the areas of the most active urban development in recent years. Since the beginning of 2021, 5 major projects has been completed in...
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In the first quarter of this year, investments in Spanish retail real estate reached 428 million euros, representing an annual growth of 113%. This is also a 51% increase compared to the previous quarter. The international company JLL shared this information. According to JLL, in the first quarter of 2022, a "sub-segment" of the retail real estate...
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In 2021, the Valencian Community became the region with the highest number of residential real estate sales per capita – 16 transactions per 1,000 people. The national average is 11 transactions. The secondary market has the same situation: Alicante ranks first place in Spain in the real estate sector with an indicator of 19 points. However, in...
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In the first quarter of 2022, the price of residential real estate on the secondary market in Spain decreased by 0.2% to 1825 euros per m². The Idealista real estate portal shared with this data. Despite the fall from January to March, secondary market house prices are 2.3% higher than in the same period of 2021. Francisco Iñareta, Idealista...
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In 2021, the autonomous community of Extremadura retained the lowest prices for the purchase of residential real estate in the whole country. On average, it was necessary to have about 81,000 euros to purchase a home, according to the "Statistical Yearbook of the Real Estate Register for 2021". The annual report was prepared by the Spanish...
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Spanish investment funds continue to implement new development strategies. For example, the Barcelona-based real estate investment management company AX Partners will launch two new investment projects this year. Aleix Recasens, co-founder of the company, said in an interview with Idealista/news that both projects will specialize in luxury housing...
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