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Cohousing or cohabitation in Spanish is a way of living in which spaces such as a kitchen or recreation areas are shared by the residents of the house, although each person has their own personal space or home. In its Public Housing Plan for 2022-2025, the Government has included a special assistance program for this type of joint and cooperative...
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Spain is undergoing significant transformations in the real estate sector, where there is a period of rising housing prices. The cost of second homes on the market in 2021 on average in Spain increased by 2.8%. This growth looks like it will last for many more years. While on the other hand, the cost of renting housing in 2021 decreased by 3.6%....
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In 2021, the real estate market in Biscay was characterized by price stability. In 2022, the price increase may be less pronounced than expected by analysts for Spain as a whole, which they estimate at about 2% or 3%. The cost of secondary housing in Biscay remained stable throughout 2021, in contrast to the 2-3% increase in prices for new real...
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The new Public Housing Plan for 2022-2025 outlines medium- and long-term goals to increase the number of public housing units, especially for social and affordable hiring. Let's look at the main theses of support programs and find out who will be able to take advantage of subsidies. Boletín Oficial del Estado (BOE) published Royal Decree 42/2022...
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Renting a house in Spain is very common, especially among young people who do not want to depend on their parents. But it is also not uncommon for a lease to be granted only for a certain period of time, for example, while studying at a university or for temporary work. However, when concluding a contract of this type, there are many doubts if it...
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Recently, the government of the country approved a subsidy for rental housing for young people in the amount of EUR 250 per month. The allowance will be received by young people aged 18 to 35 years, whose income is less than EUR 24,300. EUR 200,000,000 will be spent on the implementation of this project this year, as a result, about 70,000...
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The latest data of real estate market issued by Eurostat illustrate the faster growth of sale and purchase prices rather than rental payments. Backward, starting 2010 to Q3 2021 rental payments in the European Union have grown at 16%, while sale and purchase prices soared at 39%. Similar is the situation in Spain. Sale and purchase prices declined...
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At the moment, the government is planning to admit the draft law on housing ownership rights stipulating possible price intervention in the real estate market. The real estate sector declares the problems of Spain and increase in prices to come from the lack of offer. Limits on rental payments lead to the shortage of offer in a way it happened in...
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Director General of Sociedad de Tasación Juan Fernández Aceituno has introduced the new trends in real estate market in 2022 at the press conference for media representatives: The Spanish economy is to recover in 2022 should at least four factors are to be confirmed: improving the situation at a labor market, increase of consumption, release in...
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Insular real estate market finished 2021 demonstrating apparent signs of recovery. Prior to November, 8,200 sale and purchase deals were stricken, reaching 9,000 transactions in December, exceeding the results of the previous year by 30%. According to the data of Notary General Counsel, the figure sends us back to the indicators of the year of 2008...
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