News, page 51

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 data released by the National Institute for Statistics (INE), 2,211 mortgages were signed in Malaga in January for a total amount of more than €400 million. On average, this is...

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 conditions in the coming months. Bankinter explains that after rising by 3.7% in 2021 and to 6.4% in the last quarter of last year, the housing prices should slow down to 2% this...

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 beats half a thousand other development projects in the competition. Each villa is a 700 square meter building located on plots ranging from 1,100 to 10,000 square meters. ...

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 other things, the report examined the dynamics of price changes from 2019 (before the pandemic to the current moment). The main purpose of the analysis was an attempt to identify the...

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 Developers and Promoters (ACP) in Cantabria contacted the Spanish Association of Real Estate Developers and Promoters (APCE), as well as the National Confederation of Construction (CNC)...

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 properties are registered by the Idealista real estate agency. It is located outside major cities, but, nevertheless, provide a good opportunity for investment. ...

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, regions such as Catalonia insist on price regulation and are tolerant of squatting. The Balearic Islands are one of the regions with the greatest tendency to regulate the sphere of...

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 with "moderate speed" from renting to purchasing," - says Antonio Gallardo, the financial expert in iAhorro. A survey conducted by iAhorro, the mortgage comparator, is based on average...

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 to demand for neglected houses This simple fact has helped in part to create the so-called "empty Spain". Isolation and high traffic caused the increased interest in purchasing rural homes...

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 increase has serious risks of exceeding 5% by the end of this year. The 5% level is extremely important because it marks the threshold beyond which the construction of new real estate is...