News, page 49

Every time Antonio's phone receives a notification, his heart starts racing. He knows that if it is a notification of a new apartment for sale, every second is worth its weight in gold. We must do it quickly. The housing race is about to begin. No one thought that against the backdrop of a pandemic, when the economy was struggling with waves of coronavirus, and instability became commonplace in the daily lives of Spaniards – one day a volcano erupts, another day humanitarian evacuation is underway, and on the third day, a war is...

The report on the Housing First program — " The first thing is housing" — was presented on March 28-29 this year in Madrid at the international conference The End of Homelessness, dedicated to the problem of homelessness. The conference was organized by Hogar Sí, a Spanish organization fighting homelessness in the country. "The Housing First program is one of the most studied interventions in social policy and the most effective mechanism to help people with complex support needs get rid of homelessness," is the main conclusion of...

In 2021, there were 564,569 housing deals in Spain. This is 34.5% more than in 2020. The Association of Registrars in the "Yearbook of Statistics of the Real Estate Register for 2021" presented this data. Castile-La Mancha was the second cheapest region in the country for housing prices, and Extremadura became the first. The average cost of a housing unit at the end of the year was 81,102 euros in Extremadura, and 97,465 euros in Castile-La Mancha. Murcia ranked third with prices slightly above 102 thousand euros. ...

Valencia has a variety of museums, recreational centers, and unique buildings from leading architects such as Norman Foster, Santiago Calatrava, and Felix Candela. And which parts of Valencia are the best places to live? The quietest areas of the city If you have a family and children, you need to look for a residential area of Valencia where there are good educational and entertainment centers. It should also be a safe area with the necessary infrastructure for family life. ...

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 provinces of the Valencian community, namely Castellon and Valencia of the same name, show sales figures above the national average in this category and the total number of transactions. By...

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 euros. This is only 3,300 euros less than the historical highs of 2008. Reportedly, to purchase real estate in Cadiz with mortgage funds, the buyer will have to spend, on average, up...

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 Movable Property of Spain (Registradores), the average real estate price in Murcia in 2021 was 100,000 euros. This is 80,000 euros less than the national average. ...

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 this house in Seville, sold in record time. As a result, the price for this property reached 69,194 euros. According to Reental.co, the yield of this house will be 10%. ...

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 the district and 3 more are underway. Alibuilding is responsible for the construction, development, and promotion of the project, and Sonneil Homes agency is engaged in sales — a...

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 market associated with shopping centers received investments of 162.5 million euros. This is a 333% increase compared to the figures of the fourth quarter of 2021. ...