News
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In recent years, the property market in Valencia has been in an uptrend. Being among the regions with the highest real estate activity, the province was hit hard by the 2008 crisis, when new home prices reached historic lows. A decade later, prices for newly built homes in the province of Valencia are showing signs of recovery, according to Brains...
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Engel & Völkers is selling one of the most exclusive properties in Spain, the €65 million Solitaire Villa, located in the upper part of the residential area of Mallorca, Son Vida, overlooking the city of Palma and its bay. The villa is the work of the Italian architect Matteo Thun. In cooperation with the international developer Jens...
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Grosvenor Real Estate, the Spanish branch of the Westminster family's real estate investment unit, reported losses of €619,702 and negative equity of €173,487 at the end of last year. Working capital is also negative – €339,963. This forced the parent company to invest almost €4 million in the Spanish branch through cash contributions and debt...
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The most expensive house in the Canary Islands is located in the city of Adeje and costs €2.8 million. However, experts in this sector claim that it is in the south of Gran Canaria that the majority of elite houses are located. Idealista has compiled a list of the most expensive properties in Spain in Benahavis in Malaga and Calvia in the Balearic...
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In Spain, the culture of renting housing is gradually being formed. Currently, more than a third of Spaniards are considering renting rather than buying as a permanent residence, the Aedas Homes observatory found in July 2021. This study is aimed at better understanding the demand for housing, and almost 4,000 people were interviewed in the country...
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According to a study by Idealista.com, the leading Spanish real estate portal, there is a growing increase in the number of hotels on sale in Spain. Overall, 639 hotels have been listed for sale, up by 30% compared to 2020, when the figure was 490. Meanwhile, in coastal areas, there is a 44% increase. Despite an improvement in tourism activity in...
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Malaga has become one of the most attractive real estate investment destinations, and its historic center is now one of the most rapidly growing areas. According to the National Statistics Institute (INE), the average annual household income in this area is 37,333 euros. The old town has one of the highest square meter...
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CaixaBank has strengthened its position as a reference institution for companies in the real estate market thanks to a specialized model that has a network of more than 150 CaixaBank Empresas centers in the autonomous communities of Spain. Over 1,500 highly qualified specialists with a solid reputation in the field of business consulting work there...
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In recent years, garages have become a good alternative to traditional financial products, such as bank deposits or government bonds. In Spain, the average yield of garages is 8.7%, and in Andalusia – 9.3%, according to the real estate portal Fotocasa. Seville also stands out as a highly profitable province in June 2021 with 12.1%. In the capital...
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Pryconsa has purchased two plots of land in the north of Madrid, on which it plans to build up about 200 homes. Both land plots are located on the Island of Chamartín, between the Madrid Chamartín railway station and the new Madrid Nuevo Norte development, which had been put up for sale at an auction by the Madrid Court of First Instance No. 92 in...
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