News
-
The Spanish economy is undergoing significant changes against the background of the situation in recent years. After the considerable stagnation caused by the pandemic outbreak, companies now face an opportunity to manage an unprecedented amount of aid aimed at reviving the economy and modernizing key sectors. These include manufacturing, tourism,...
Read more -
_480x320.jpg)
The Spanish government recently announced plans to raise taxes on personal income, wealth and inheritance in a so-called “fiscal synchronization”. Julio Prieto, a tax and private client specialist, writes for attorney Del Conte Chambers that Spain will allow $ 5.59 billion in subsidies from the European Union in an attempt to kickstart the economy...
Read more -
According to the company Idealista, at the close of the third quarter of this year, the price of secondary real estate in Spain increased by 4%, which amounted to 1,813 euros per square meter. Compared to the previous quarter, secondary home prices in the third quarter decreased by 0.2%. Why are prices now higher than a year ago? According to...
Read more -
In the first three months of this year, real estate purchases through e-commerce totalled € 28.8 million, compared to € 40.9 million. According to the National Commission for Markets and Competition (NCMC), a total of 67,300 transactions were registered, which is 29.6% less than in the same period last year. On the other hand, the total volume of...
Read more -
Recruitment company Randstad has published a report on remote work in Spain. It analyzes the current situation, predicts prospects. In the study, a sufficient amount of free space was selected as the leading indicator of comfort, making it possible to allocate a separate office or room for work that will not function as a bedroom. The report...
Read more -
Technology and innovation have brought a transformation in the real estate sector, providing many real estate companies with the opportunity to adopt technological tools to take the lead in the sector. The developers’ goal is to digitize the entire process to achieve the greatest savings in time and money and improve the quality of work with the...
Read more -
The gross margin on buying a house to rent it out has dropped to 7% over the past year. In the third quarter of 2020, the proposed rate of return was 7.9%. According to an analysis by Idealista, the leading real estate specialist in Southern Europe, the profit made even, in this case, is 15 times higher than the rates offered by 10-year government...
Read more -
Brexit and the UK’s exit from the European Union has affected the Spanish property market. According to the British newspaper Mirror, retirees from the UK who have chosen Spain as their second home leave the Costa del Sol in droves due to stricter immigration rules imposed in connection with Brexit and higher medical costs. This information...
Read more -
According to the Proptech Map, compiled by API Catalonia real estate agents, 501 startups in Spain use technology to improve or reimagine services in the real estate sector. This year the sector has grown by 8%. Two hundred seventy-eight people of these, more than 55%, work with real estate professionals. 58% of these offer solutions for products...
Read more -
The Community of Madrid will build nearly 4,000 social housing units in Valdecarros, the most significant urban development in Spain. Regional Minister for Environment, Housing and Rural Affairs Paloma Martin attended the groundbreaking ceremony for the initial construction phase. The urban area of Valdecarros is 19 million square meters. More...
Read more
