News

  • VGP buys 35,000 square meters of logistics land in Barcelona

    VGP is a developer, manager and owner of logistics and industrial assets in Spain. The company closed the most important deal and acquired 35,000 square meters of logistics land in the cities of Martorell and Granollers, located in the first ring of Barcelona. This operation is part of VGP’s strategy to expand the land available for development. In...

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  • Home sellers slash prices in Madrid

    The average price of real estate listings declined slightly in August in Spain and especially in the Madrid community, according to the market’s leading source of classified ads, Idealista. The fall was 0.4%. According to the largest national real estate portal, August marked the first monthly decline in real estate prices in Madrid in 2021...

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  • A group of Catalan investors put up the Monegal hotel for sale for 30 million euros

    Sales and purchases in the Spanish hospitality industry have been repeated periodically since the pandemic. The latest on the market was the Hotel Monegal in Barcelona, located between La Rambla and Plaça Catalunya, one of the city’s most popular tourist destinations. The starting price of this establishment is € 29.5 million. The building,...

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  • Montebalito and Altosa will build 37 houses in Madrid's Ciudad Lineal

    Developers Montebalito and Altosa have begun construction on the Residencial Quintana, a 37-unit complex located in the Ciudad Lineal area. For the development of this project, Montebalito and Altosa are going to invest 9 million euros. Construction work, started in August by Valdivia Proyectos, Obras y Construcciones, is scheduled to be completed...

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  • The number of rental housing in Catalonia has dropped over the past year

    According to the research service of Idealista portal, the number of rentals has decreased over the past year in Catalonia. Since the new law came into force in September last year, rents in Barcelona have decreased by 8.2%, less than in Madrid (-9.3%). However, in Barcelona, rents began to fall in 2019, even before the pandemic. The portal notes...

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  • Grupo Lar invests 21.4 million euros in Barcelona for building 75 rental houses

    Grupo Lar, a company specializing in investment, development, and property management, has closed a new deal in Barcelona, buying a plot of 8504 sq. m., where 75 one, two, and three-bedroom houses will be built in Sant Adria de Besos. They are expected to be completed and available for rent in the first half of 2024. This project, in which Grupo...

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  • Investments in the hotel sector reach almost 2.5 billion euros in 2021

    This summer, the hotel sector showed the best occupancy and booking data indicators compared to 2020. The real estate sector is also optimistic about the fourth quarter of the year. It is expected that investments in the sale and purchase of hotels in Spain in 2021 will exceed 2.5 billion euros. This will be equal to the amount recorded in 2019, a...

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  • In several municipalities of Cadiz, housing prices fall the most in the summer

    Cadiz is a province that is difficult to resist. There you can find cute villages, delicious food, sunny days, a pleasant climate and a high quality of life, and these are just some of its advantages. According to the latest monthly sales price report prepared by the real estate portal Pisos.com, the cost of housing for sale in the province of...

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  • European millionaires are buying real estate in Mallorca

    Luxury housing market in Majorca is now more popular than ever. “I just sold two big projects in Son Vida: one was bought by a Czech, the other – by an Austrian. And they ordered five more villas from me. This is crazy”, says Carlos Segui, a real estate developer in Mallorca. He is not the only one baffled (and delighted with) the post-pandemic...

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  • Home prices in Spain rise by 3.3% in Q2

    Housing prices in Spain rose by 3.3% in the second quarter of 2021 compared to the same period last year, with growth seen in all autonomous communities, especially tourism destinations, and especially noticeable in new properties. A 3.3% increase in the period from April to June was the highest since late 2019, according to the House Price Index...

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