News
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After the pandemic, the drop in sales and purchases of real estate by foreigners became an obvious fact, nevertheless, the sector is recovering, but is foreign investment recovering? According to data for 2021, investments in Spain from foreigners are growing. This group is betting on housing contracts with mortgages from banks, with hidden costs...
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Over the past year, real estate investment has experienced great ups and downs. With the onset of the pandemic, many predicted a “bursting bubble”, but the reality that 2021 brought is completely different: in the second quarter of this year, investments increased 258% more than in the previous quarter, according to real estate consultancy CBRE...
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The Hyatt Group moves its luxury apartment business to Spain. In particular, to the city of Madrid, where it arrives with 22 premium tourist apartments from 300 euros per night, which will be managed by Hesperia and whose marketing will begin on 4 October. Hyatt Regency Residences Madrid, located on Paseo de la Castellana 62 in a building owned by...
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Despite national and international restrictions on mobility caused by the health crisis, the luxury property market in Marbella area is more active than ever. Over the past year, starting on June 21, 2020, when restrictions were lifted in Spain, there has been an unexpected, even exceptional volume of property sales and purchases. In 2021, the...
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Mazabi is expanding its portfolio. A property management company has acquired a hotel in Cordoba. The facility, located in the Jewish quarter, consists of 20 rooms, a Cordoba courtyard and a 200 square meter roof terrace. The family office, led by Juan Antonio Gutierrez, has bought the property from Hospedería Atalia and plans to turn it into a...
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Cryptocurrency is gaining momentum in the real estate sector. And although a significant part of the population still does not know how they work, when viewing some of the main real estate portals, there are more and more ads in which cryptocurrency is accepted as a form of payment. The use of cryptocurrency has become a widespread phenomenon....
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The Balearic Islands (€3,335 per sq. m.), Madrid (€2,829 per sq. m.) and the Basque Country (€2,699 per sq. m.) are autonomous communities that take a high place in the average price in the first half of 2021. This can be judged by the results of a study conducted by CoHispania. On the other hand, Castilla–La Mancha has the cheapest prices (€926...
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The average sale price of secondary housing in Aragon in July of this year was €1323 per square meter. The cost, which represents a monthly increase of 0.34%, but year-on-year it decreased by 1.18%. Thus, prices on the market are usually moderate, which at the moment does not represent any serious surprises in the case of the Aragonese community,...
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In the conditions of complete stagnation of the real estate market in 2020, JLL found a safe haven. Since the beginning of the pandemic, advising tenants and owners of buildings, especially office buildings, has become a lifeline for an international consulting company. The entire business associated with the user world is thriving. This is one of...
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The pandemic has led to the restructuring of many industries and some of them, such as tourism and hospitality, will take time to return to pre-pandemic levels. Real estate has also undergone changes, but fortunately, it has better adapted to the new reality. We will analyze how the real estate sector has changed in the year of the pandemic...
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