News
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The outbreak of the pandemic in Spain has slowed down online activity in the real estate sector, which reached a very high figure in the first quarter of 2020. Last year's economic recovery once again contributed to the growth of e-commerce in the real estate sector, which grew by 60.4% year-on-year from April to June, exceeding the figures before...
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Consulting company, Knight Frank, presented a rating of cities, where it is clear that the leaders in the growth of real estate prices in Spain are the following: Malaga (7.6%) Seville (3.9%) Valencia (3.4%). It occupies positions 83, 115 and 119 in relation to the highest growth in the world. In two other Spanish cities (Madrid and...
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The cost per square meter in Seville was 1,776 euros, which is 7.7% more than last year in the third quarter, and 24.4% more since the minimum indicator, according to IMIE Local Markets statistics. As for rent, the gross yield was 4.5%, the highest in Cerro Amate. A preliminary third-quarter report by Tinsa, one of Spain’s leading valuation...
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The Minister of Transport, Mobility and Urban Agenda of Spain (Mitma), Raquel Sánchez, reported that the Government planned to adopt a law on the right to housing on January 18. The law will allow autonomous communities to limit rental costs. Sánchez said that they would soon receive the report of the General Council of the Judiciary (CGPJ),...
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Forecasts for the real estate sector in 2022 are very favorable. According to Maria Matos, Research Head and spokeswoman for one of the real estate portals, real estate investments broke records in the second half of 2021, «and everything indicates that they can continue to accelerate». As Matos notes, «real estate investments have become a haven...
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The real estate market in Spain is experiencing a «Golden age», which has not been observed since 2008. Taking into account all the precautions caused by the pandemic and economic uncertainty, analysts predict a price increase of about 4%, as well as, once again, very good sales figures. These figures contrast with the performance of the rental...
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The consequences of the pandemic caused a correction in the real estate market around the world. The growth of investments in Spain in 2021 amounted to 30% compared to 2020: in July, real estate sales and purchases increased by 53.5%, which is the highest figure in the last 13 years, and in September mortgage loans increased by 57.7%. Experts of...
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Houses will continue to rise in price in 2022 in line with the growth of the economy and prices. There is no need to talk about a «bubble» in the real estate market. This is the most common opinion among analysts and scientists. According to Ignacio de la Torre, Chief Economist at Arcano Partners, the probability of the «bubble» is related to real...
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In December of this year, the Balearic Islands reached a historic maximum of prices for secondary housing is EUR 3,355 per square meter, according to the latest price index of the Idealista, which was published on Wednesday. In Spain, the prices for secondary real estate increased by 2.8% during 202, and the price per square meter was fixed for a...
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Since the beginning of the summer of 2021, more apartments have been sold in Spain than during the «boom» in the real estate market: 53,410 purchase and sale transactions were concluded in September, compared with 45,453 in September 2008, according to the latest data from National Institute of Statistics (INE). As we have repeatedly reported, the...
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