News, page 68

Return on investment remains profitable, although it has dropped to 7%

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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...

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British retirees sell their houses in Spain

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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...

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Spain’s Proptech sector grows 8% year over year

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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...

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Madrid is to build 4,000 more social housing units in Valdecarros

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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...

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Spain will enter the top 5 countries for real estate investments in 2022 with a volume of 7.5 billion euros

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Spain is strengthening its position as a critical destination for real estate investment. According to forecasts of Knight Frank experts, in 2022, the country will enter the top five in terms of capital invested in Europe, with a volume of about 7.5 billion euros. Jorge Sena, Partner and Head of Commercial Department at Knight Frank Spain, said:...

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Barcelona is the fourth city with the highest share of real estate investment from the United States

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Barcelona became the fourth city in the world to see the highest growth in US real estate investments in the first half of 2021, according to the CBRE consultancy. Xavier Güell, director of CBRE’s Barcelona division, noted that the average investment has been around 110 million euros over the past five years, and this year it has grown by 250...

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Sales in Spain hit new record: 500,000 real estate transactions in 2021

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Ferrand Font, Real Estate Research Specialist, stresses: “Positive growth will continue through new measures to combat COVID-19, the introduction of a vaccination plan, including through the implementation of the new Housing Act, which will be implemented by the end of the year, and support from Next Foundations Generation”. A new statistics...

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The price per square meter of real estate in the Balearic Islands has reached 3,132 euros

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The average price per square meter of housing in the Balearic Islands in July this year was 3,132 euros. It is the highest value for real estate in Spain at the moment. The increase in prices compared to last year was 11.9%. It follows from data released on Thursday by the Spanish Association of Notaries. This increase is primarily due to the...

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Advantageous offers for mortgage lending from the largest banks in Spain

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A bank loan accompanies a large number of transactions. The most popular are lending institutions with a large number of clients and a respectable reputation. In Spain, banks such as BBVA, Banco Santander, CaixaBank and Banco Sabadell have the most clients, so many potential buyers want to know about their mortgages and benefits. The answers to...

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Collaborative housing as a successful alternative for older people during pandemic

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Seventy-eight-year-old Paloma Rodriguez suffered from covid-19 and was discharged from the hospital on April 1, 2020. She responded with a sharp refusal to her daughter’s offer to return to her home, choosing Trabenzene for recovery. It is a residential complex built-in 2013 in Torremocha del Jarama (province of Madrid). The authorities have...

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