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PropTech (also referred to as property technology) is a set of modern technology solutions for the real estate industry. Having its roots in Britain in 2014, PropTech has attracted an increasing number of leading real estate firms. Similar to FinTech, the innovative technologies merge to streamline and digitalize the property market. They include...
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The most expensive property for sale in the Canary Islands is located in the municipality of Santa Ursula. Its price is 8.800.000 euros. The price per square meter of the building is about 7300 euros, considering that the building area is 1209 square meters. The house has three floors, the building also has several swimming pools — a panoramic one...
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The Spanish Real Estate Association Personal Shopper (Aepsi) assumes 550,000 annual home sales in the period 2022-2025. According to Aepsi forecasts, by the end of 2021, the number of home sales in Spain may reach 450,000. According to Aepsi President Iñaki Unsain, after 2020, full of uncertainties and restrictions, vaccination and the forecast of...
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The cost of a dorm room in Palma is 390.71 euros per month, which makes the city the fifth most expensive provincial capital of Spain, according to a study by Pisos. The real estate portal reports that the average rent in the country decreased by 0.60% in 2021 compared to 2020, or rather from 270.79 euros to 270.49 euros per month. In addition,...
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Who does not dream of living in a huge mansion, equipped with all the amenities? According to Idealista, there are not so few people who at some point imagined this: 83% of the surveyed users admitted that they viewed ads for luxury housing only for the pleasure of admiring houses. 1. Villa in La Zagaleta, Malaga This is an impressive villa of...
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In Spain, the number of mortgages soared by 41.2% in June compared to the same month last year, according to the data unveiled by real estate portals Pisos.com, Idealista and Fotocasa. Pisos research director, Ferrand Font, said the June home mortgage data recorded in land registries confirm a return to pre-pandemic levels, so he expects a good...
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Buying a home can be a real challenge due to high property prices. Today, only 13 municipalities in Spain have prices below 450 euros per square meter. Idealista.com property portal has compiled a list of municipalities with the cheapest properties. Eight of the ten most affordable areas are located in Castile La Mancha, the rest are in Castile...
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By the end of 2021, over 30% of the demand for luxury properties in Madrid is expected to come from large investment portfolios and international executives. Madrid is a leading vacation destination among people from the United States, Latin America and Asia. Investment properties or second homes are especially popular among foreign investors....
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Many employers plan to return their staff back to the office in September. Meanwhile, working from home will also remain in place, although this will not be the norm for most companies. With the onset of the pandemic, most firms in Spain were forced to switch to teleworking, leaving their offices empty. Against this background, some companies kept...
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There is an unprecedented boom in the self-built homes segment in the Spanish property market. Prefabricated homes are growing in popularity, especially because of the many advantages over traditional houses, besides the low cost. The concept of a prefab house is often associated with heavy costs, but this is far from the truth. This list...
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