News, page 67

Avila is one of the capitals of Spain with the “youngest” housing stock

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Avila is one of the Spanish capitals with the “youngest” housing stock, while more than half of the housing stock in Spain is over 40 years old, according to Idealista. There are 34,243 registered houses in the capital Avila, 61.5% of which are less than 40 years old, and the rest, 38.5%, are over 40 years old. These figures put the city in fifth...

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San Sebastian is the most attractive city in terms of investing in real estate

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According to data from pisos.com, the average rental price in Spain was 9.81 euros per sq. m in September, representing a 1.87% quarterly increase and an annualized adjustment of -1.38%. In the same period, the price of one square meter of rented space in San Sebastian reached 16.69 euros. Which cities are the most expensive to rent real...

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Public housing starts in San Fernando for the first time in 12 years

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After more than 12 years of downtime and another two years of preliminary procedures, work on the construction of public housing in San Fernando has finally begun again. Moreover, although we are talking only about the construction of 15 rental houses, this is already an event. The mayor of the island, Patricia Cavada, announced during her visit...

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Spain has found a way to settle debts between immigrants and tenants

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After years of internal squabbles in the coalition government, the Spanish Socialist Workers’ Party (PSOE) has agreed with its partner, Unite in Our Power, to approve a housing bill. He is represented by civil society organizations, through which the government of Pedro Sánchez plans to fulfil one of the commitments made before he took office...

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European funds open up new opportunities for the construction sector

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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,...

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Will the increase in taxes in Spain affect foreigners?

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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...

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Ten cheapest cities in Spain where you can buy housing

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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...

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E-purchase of real estate decreased by 29.6% in Q1 2021

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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...

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Nearly two-thirds of Valencia’s homes are ideal for remote work

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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...

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Innovative technologies will help make the real estate sector safer

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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...

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