News, page 70

The average age of property buyers in Spain

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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

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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

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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

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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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"Investment rain in real estate" in Spain: assets for sale for 8,128 billion euros

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Ernst&Young's analysis revealed 118 expensive transactions made in the Spanish market of office, hotel, commercial, and logistics real estate. According to a detailed E&Y analysis, there are 118 pending transactions worth 8.128 billion euros in the Spanish real estate market. This figure includes office, logistics, hotel, and retail...

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Moving to Seville as an alternative to the demographic boom in Malaga

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Delays in the issuance of construction licenses and permits create a shortage in the Malaga housing market. In recent years, Malaga has demonstrated an unprecedented increase in the birth rate. But due to stagnation in construction, which hinders investment and real estate development, the housing stock cannot adapt to the current situation in the...

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The most expensive parking in Cadiz for 138,000 euros

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"138,000 euros for a parking space?" This question is asked by clients who come to any real estate agency in Cadiz looking for parking for their car and see this dizzying ad. The garage costs 138 000 euros. Despite the astronomical price, the ad is actual, and this figure is how much the owner has been asking for it for several months. However,...

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KKH breaks records: 30,000 euros per square meter in Barcelona

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KKH presents a new project. It is located at the intersection of Diagonal Avenue and Paseo de Gracia in Barcelona. Moreover, it is erecting a new 75-meter residential tower under the commercial name Mandarin Oriental Residences. The project will have 20 floors. The first apartments in the tower were sold at a price of EUR 30,000 per sq. m., which...

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Cube Two: a new project for the construction of houses worth less than EUR 70,000

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Cube Two is a development project, which is launched by Nestron. It is a company specializing in the design and marketing of houses, the main feature of which is the ease of installation. Ready-made prefabricated houses can be installed on any residential plot, which significantly reduces the time from the moment of purchase to settlement...

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Warren Buffett has put up for sale 1,200 houses in Spain

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Warren Buffett, one of the five richest people in the world, has put up for sale 1,230 luxury houses in the Malaga and Cadiz districts in Spain. He did this through his real estate company Berkshire Hathaway Home Services Latvia (Bhhslarvia), which specializes in the sale of luxury residences in Spain. The houses and plots are located in the...

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