News

  • Aster District smart city: 5,000 houses near Madrid

    We are now witnessing a trend set by the post-covid era - the emergence of entirely new places to live, a prime example of which is the emergence of “smart cities”. Aster District is just such an area, located close to Madrid - in San Rafael, in the province of Segovia. According to the plans, 5,000 houses, a shopping centre and a medical centre...

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  • Expectation vs reality: why most houses are selling for less than advertised

    The high starting price, the urgency of the sale, the lack of knowledge about the actual property prices of a particular area, the upcoming renovation work in the residential area are just some reasons why most properties end up selling for a lower price. Skilful negotiation can reduce the starting price by up to 20%, which often happens when...

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  • Nidom Homes and Unlatch to digitize Spanish real estate sales

    Proptech Unlatch has signed a digital services agreement with Nidom Homes, a developer specializing in the construction of luxury homes in prime locations in Madrid. Unlatch is a B2B software solution designed for residential real estate professionals involved in the construction of new buildings. Through the joint efforts of the alliance, home...

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  • Jerez is one of the cheapest cities in Spain to buy real estate

    According to a study published by a bank, an expert on deposits and savings accounts, Jerez is one of the five cheapest cities in Spain to buy a new house. Jerez is in third place after Almeria and Cartagena. Raisin analysts have calculated that it will take the average working resident of Jerez five years and eight months to collect 20% of the...

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  • The government will allocate 5.52 billion for housing repairs

    Under the royal decree, a wave of housing reconstruction will be launched, which Spain will carry out with the help of European reconstruction funds. The plan presented to Brussels indicates an amount of 6.82 billion, 5.52 billion of which fall on the Ministry of Public Works and Transport. Raquel Sanchez, the head of the department, spoke to...

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  • La Nogalera is the first large luxury residential complex in Spain

    Torremolinos is a town and municipality in Malaga, with a traditional local flavor and peaceful life of southern Spain. Speaking of these places, lively beaches, Malaga's famous grilled fish, and vibrant nightclubs come to mind. However, it is not all about Torremolinos. Torremolinos is a unique place due to its incredible architecture and...

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  • The average age of property buyers in Spain

    Young Spaniards are often in no hurry to buy housing. The reason for this, as it may seem, is not infantilism, but financial insolvency. Buying an apartment is an economically difficult task for most young Spaniards. Since the question of the average age of Spaniards buying a house for the first time reflects the problems of the country's young...

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  • Sarasin SP buys 148 units of subsidized turnkey housing in Madrid for 22 million euros

    Catella AM led the purchase of 148 units of subsidized turnkey real estate by the Sarasin Sustainable Properties Fund in Madrid for 22 million euros. The residential complex in Ensanche de Vallecas (Princesa de Capurtala, 25) is under construction. The project will consist of 148 1- and 2-room subsidized residential units with energy rating A and...

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  • Spain and India are countries which have managed to avoid rising house prices

    The pandemic caused a sharp rise in housing prices. According to the Global Price Index of the analytical publication Knight Frank, the average increase in real estate prices in 55 countries was 9.2%. Only two countries managed to stand out from the general statistics: India and Spain. Spanish housing is on the lowest position in the rating of the...

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  • The most expensive and cheapest cities for co-living in apartments

    Renting a house for private use, especially if it concerns young tenants, is rare in Spain. And this is not surprising. According to the Youth Council of Spain, renting a house in Spain means spending about 91.6% of income on rent. This situation leads to the fact that many people rent an apartment together with friends or acquaintances. This...

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