News
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Increasingly popular type of remote work in Spain has led to changes in property demand, sparking a growing interest in houses outside the major capitals, as well as in cities around large cities, whose residents, in most cases, live between working in a big city and living in their own locality. In this case, we will leave aside large urban areas...
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The consequences that the pandemic had on the Spanish property market during 2020 and the first half of 2021 are well known to everyone, experts and non-specialists alike. Countless articles have been written about famous rebus sic stantibus clause, renegotiation of commercial leases, exponential growth in demand for logistics assets, job...
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In June, 291 houses were sold in Salamanca. In May 2019, 313 houses were sold, more than two years have passed since the sale of such a number of houses in one month. 291 houses sold in June consisted of 256 secondary ones and only 35 were newly built. The option of acquiring a secondary apartment and “preparing” for moving in is gaining popularity...
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Corridors in shabby burgundy velvet, dark, cracked walls, nostalgic discos with broken glass mirrors, terraces with charred canopies, and wedding and communion halls with white lace. These are remnants of what was once the cream of the Galician hotel sector. A print reminiscent of the “happy 90s” and brick Spain. There was no crisis, no pandemic,...
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Introduction of covid passport and the speed of vaccinations have given the green light for recovery in various sectors, including real estate. In the current environment, it is expected that by the end of 2021, more than 30% of buyers of luxury real estate in Madrid will have large investment portfolios and be international entrepreneurs. The...
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The city of Marbella is considered one of the main luxury destinations in Europe, with a diverse offer that has not decreased due to the pandemic. Despite the effects of restrictions on the tourism industry, dignitaries continue to bet on the municipality. Laura de Arce, the general director of tourism of the City Hall of Marbella, said that "the...
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"I've never had so much work. In June, we sold more mortgages than ever before," says an employee of the mortgage department of a financial institution. The available evidence suggests that he is right. June was the month when more homes were sold in the last decade, with the exception of December 2012, an atypical period due to the Sareb creation...
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The price of housing in Navarre remains high, according to the Valuation Society, and is €1,916 per square meter, closely behind the Autonomous Community of the Basques, where it increased by 0.3% to €2,762 per square meter in June this year. The Basque country is still the most expensive autonomous community on the coast of Cantabria, ahead of...
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Copa del Rey de Vela was held in Palma until this weekend. One of its sponsors was Sotheby's International Realty, the British real estate agency. A company that sells luxury real estate has just opened an office on Formentera to find an active international client. But this is not the only step, the company has plans for future growth and...
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The real estate sector has left behind the coronavirus crisis. Sales and purchases of real estate in June increased by 23% compared to the same period in 2019. The numbers suggest that performance was even more active than before the pandemic. Data compiled by the Association of Property and Mercantile Registrars of Spain show that 94,330 sales...
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