News, page 51

Malaga starts 2022 with record number of mortgages in the years since the times of

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The Malaga real property market started the financial year with the same performance with which it accomplished last year, 2021. This can be seen both in the number of issued mortgage loans and in the average amount of loans. Both indicators are at the level that has not been observed since the "bubble" in the real property market. According to...

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Bankinter: Residential property prices will rise less than expected this year – and here's the reason

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Uncertainty and the energy crisis will definitely have an impact on the Spanish housing market in 2022. At least according to the current forecast of the Spanish commercial bank Bankinter. A new strategy report prepared by the bank's research department predicts modest increases in residential property prices, falling sales and worsening financing...

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Marbella: all the details about the world's best luxury real estate

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Vista Lago Residences is an elite residential project. It consists of 18 luxury villas, which are located on the slopes of the hills in Marbella with a picturesque view of the Mediterranean Sea. At the beginning of March 2022, at International Property Awards in London, Vista Lago Residences was named the best residential project in the world. It...

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List of 10 districts of Spain where the cost of real estate has increased: Four of it are located in Malaga

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COVID-19 has led to an inevitable decline in residential property sales. Nevertheless, the current economic recovery and the return of the usual life course has led to a return of sales in this sector to the trends of 2019. Against this background, Idealista conducted an analysis of the cost per square meter in different regions of Spain. Among...

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Developers of residential real estate in Cantabria urge to take urgent measures in «emergency situation»

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In the current situation, residential developers in Cantabria are calling on the local administration to take urgent measures to avoid an «imminent» shortage of building materials and «collapse» of the activities of these companies and construction in the region. Observing the rapidly approaching «emergency situation», Association of Real Estate...

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About 5,000 chalets priced from 40,000 euros were put up for sale in Spain

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The chalets for sale (approx. small country houses) are designed to accommodate one full-fledged family, are in good condition, have a private pool and prices for it start from 40,000 euros. If you want to change your life in any way, change your place of residence, try something new, this offer can provide you with such an opportunity. These...

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The Balearic Islands propose to «limit the purchase of real estate for foreigners» in the región

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The regulatory climate where the Spanish real estate market exists is still characterized by a complete lack of respect for private property. However, there are big differences in the issues of legislative regulation of the market between the regions. There are territories like Madrid that support a policy of free supply. At the same time,...

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Property purchasing is booming in major cities, while renting is picking up in rural areas

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In Spain the average housing price increased by 3.7% in 2021 compared to 2020 according to the National Statistics Institute (INE). On the contrary, the average renting price for a house paid by the Spanish decreased by 3.6-4.5%, according to information from the real estate portals Fotocasa and Idealista. In spite of everything, "consumers move...

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A village in Burgos with 50 houses and a church is put up for sale for 350,000 euros

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Rural Spain, forgotten in terms of the population and in terms of the news, got an excellent advertisement these days, that might be of interest for some investors. Especially at a low price - 50 properties in the town of Barcena de Bureba in Burgos are advertised on the Idealista portal for only 350,000 euros. It is true that the pandemic has led...

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High rates of construction will lead to the paralysis of the primary real estate market because of inflation

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In Spain the construction sector continues to show the high activity in the launching of new residential properties on the market. However, today the possible freeze of new projects development is not ruled out because of the inflation possibility in the construction costs. Although events in Ukraine can reduce potential price increases, this...

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