News
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In recent months, single-family homes have been the hottest selling properties in most of Spain. Restrictions on mobility, remote work and a new perception by people of their homes have led to increased demand for spacious properties with gardens and which are in most cases located away from the hustle and bustle of large cities. Needs have...
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The luxury real estate market in Marbella, one of the most sought-after areas in Spain, witnesses a period of vigorous growth. Even though the pandemic-related restrictions are still in place, local agents say the sector is more active than ever and an uptrend is expected to continue. According to Christopher Clover’s Panorama Properties, one of...
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How much money do you need to buy a home? The average amount spent on the purchase of existing housing in Madrid and Barcelona this year decreased by 15% and 22%, respectively. Meanwhile, the average transaction price in the municipalities of Madrid and in the province of Barcelona increased by 12.8% and 4%, respectively. The figures are based on...
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According to Brains Real Estate portal, the average price of an apartment or villa in the Asturias region in late March 2021 increased by 14.2% compared to the same month of 2020. Meanwhile, prices rose by 2.9% from the previous quarter. New homes saw the highest demand. Thus, prices for newly built properties increased by 9.1% in late June...
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According to Savills Aguirre Newman, the city of Malaga has become a real estate hotspot, only beaten by Madrid and Barcelona in levels of interest from investors. It has the largest share in the Andalusian housing market, and is twice as large as Seville in terms of property sales. The average square meter price of a home in the province was...
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Home sales increased by 7.7% in the Murcia region in the second quarter of 2021, according to the Spanish Association of Registrars. Out of 4,834 transactions completed during this period, 3,929 were for existing homes. However, there was also a substantial increase in sales of new properties, up by 15.9% sequentially. Murcia was the only region...
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In August 2021, dozens of real estate companies reported their financial results and completed deals started earlier in the year. The US investment firm Cohen & Steers had taken a 5.185% stake in the capital of Neinor Homes developer to become the third-largest stakeholder, as reported by the company to the Spanish National Securities Market...
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Residential developer Habitat Inmobiliaria has closed a deal to acquire two plots of land in Vigo, in the Arenal and San Roque districts, to develop two residential projects with a total investment of €30 million. The Arenal site, where the community called Habitat Areal is going to be built, is located in the waterfront heart of the city of Vigo....
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Residential communities are a safe haven of profitability for rental property investors. The aggregate price of rental housing in Spain increased by 41% over the past five years and advanced by 32% over a decade. Meanwhile, in Canary Islands, Valencia, La Rioja and Navarra, the growth came in at 49%, 46%, 43% and 42%, respectively. Since 2016,...
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In August, Idealista property portal listed 774 prime homes worth over €1 million in the province of Cadiz. According to the report, Cadiz will be among the top ten provinces with the largest number of luxury homes in Spain, 73% of which are concentrated in Malaga, the Balearic Islands, Madrid and Barcelona. Out of 774 properties, the vast...
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