News, page 59

Spanish real estate market has gained momentum and continues its upward trend. According to the consulting company JLL, the total volume of investments in this sector (including offices, retail, logistics, apartment buildings, nursing houses, student dormitories and hotels) will amount to about EUR 12,000,000, which is 33% more than in the previous year. In the commercial segment (offices, logistics and retail), investments in 2021 amounted to about EUR 5,900,000,000, which is 8% more than a year earlier. ...

The Ministry of Industry is preparing a new decree on foreign investment, which will soften the control mechanisms. New rules mean changes in energy issues. The decree facilitates the sale of renewable energy projects to foreign funds. The resolution explains that investors who are not associated with regulated activities (such as the operation of the electricity system and market, transmission and distribution of electricity, electricity supply in non-mainland territories, technical management of the gas system, as well as...

The inflation in Spain is 5.5%. According to Ferran Font, Head of Research and Press Secretary in housing will become a reliable protection against inflation: «If the annual volume of investments increases by at least 6% in December. CPI (consumer price index) growth is expected to be very close to this figure». Due to the low interest rate, real estate is a much better investment option than Treasury bills and bonds. A full analysis shows that in 2022, investment in housing will be the biggest means of protection against inflation...

Inbisa sold Butron Castle, located in the municipality of Gatica, 19 kilometers from Bilbao, for EUR 4,000,000. The attempts to sell the castle for EUR 3,500,000 were already at auction in 2014. However, after 7 years, it managed to conclude a deal 14% higher than the figure set earlier. As it became known, the future owner will carry out the necessary reforms, preserving the unit. Now it has an excellent condition. Inbisa acquired it in 2005 for EUR 1,600,000 and it has been taking care of the castle's preservation ever since. The...

Sixth Street Investment Fund, which manages more than USD 60,000,000, and the French hotel chain Pierre & Vacances have signed an agreement to create a joint hotel venture. In this regard, Sixth Street company has completed the acquisition of five resorts located in the cities: Benidorm (Alicante) Roquetas (Almeria) Lloret de Mar (Girona) Salou (Tarragona). In total, the fund will allocate EUR 85,000,000 for the purchase of real estate. This news marks the entry of Sixth Street...

In Spain, a new trend has been observed recently, such as investing in parking spaces. It is assumed that by 2022 the idea will gain even more popularity in the country due to various factors. The most attractive thing for a novice investor here is that you can start with a small amount of investment and quickly get a permanent profit. What cannot be said about investments in real estate. One of the places where you can buy a parking space or entire parking lots is the company Parking Ya!, i.e. a pioneer in a sector with a...

The real estate market in Spain has managed to overcome the consequences of the coronavirus pandemic. Both home sales and prices have already reached the level preceding the onset of the disease, according to an analysis conducted by BBVA. The company predicts that by 2035 the housing stock will grow by about 1.8 million units, which means an average increase of about 120,000 houses per year. «Demand is now more focused on large houses or houses with open spaces, such as terraces or gardens», the report notes. ...

In October, good real estate sales figures were again registered in Salamanca (274 transactions). The annual figure reached 2,584 transactions, which is the best indicator in more than a decade since 2010. It inspires some optimism in the sector with a prospect for 2022. «The dynamics are good and there is hope that the trend will continue next year», says Javier Tamames, President of Aconsa, a construction industry employers association. Manuel Prieto, President of Aescon, points to the pandemic as the main risk for the real...

Plan Suelo 10 is the name of new Aliseda Inmobiliaria campaign. As part of this initiative, the company offers for sale more than 1,300 land plots with an initial payment of 10% and a deferred payment of up to 10 months for the remaining amount. Thus, Aliseda puts on the market land and unused construction sites for various purposes (industrial, commercial, residential) with a total cost of EUR 331,000,000. 1,050 plots are intended for residential use, where about 23,000 houses can be built, according to the company. ...

Avila and its province in Spain are exclusively touristic attractions. It is a well-known fact for many years. The data for 2021 were recently published. It follows from the report that during the year almost 50 properties and 200 beds appeared in the province, which is a good indicator. In the province as a whole, there was an increase in the number of properties from 799 to 847, which is 3.25% more compared to 2020. Avila has the most tourist-oriented real estate (16.7%). There is the following distribution of tourist sites...