News, page 78
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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 per sq. m.), followed by Extremadura (€1015 per sq. m.). By province, the Balearic Islands are the province with the highest price, reaching €3,335 per sq. m., followed by Gipuzkoa and Madrid...
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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, with small pronounced adjustments. According to data for July, the Aragon region ranks seventh in terms of the cheapness of buying secondary real estate with an average price of...
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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 Poppink's professional specializations, and he admits that some companies are rethinking their strategy for creating a corporate headquarters, rethinking how much space they need and where they...
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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. Digitization: online shopping, 3D video visits If the sector has already seen strong digitalization, now it has accelerated: the introduction of proptech and online buying and...
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The cost per square meter in Telde is 1,420 euros. Sociedad de Tasación has published a study “New property in the Balearic and Canary Islands” with information detailed per autonomous communities and municipalities, corresponding to the first half of 2021. This report analyzes the prices of new property in the most representative cities of the two autonomous communities. It also includes the dynamics of various real estate indicators in the second quarter of 2021. The information used to design the study is derived from home...
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New construction permits in the first five months of this year amounted to 41,934, up 20.4% from 34,824 in the same period last year, according to the Ministry of Transport, Mobility and Urban Agenda (Mitma). 10,639 permits (37.8% more than before May 2020) were issued for single-family housing and 31,278 (+ 15.5%) for apartment buildings out of the total number. In addition, 17 new building permits were issued for other types of buildings, which are neither single-family houses nor multi-apartment buildings. This figure is...
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Investing in real estate is always a safe bet, especially when it comes to real estate intended for tourism in Spain, a prestigious, international, sunny and beach destination. In recent years, national resorts have become the most reliable bets for foreign investors who know about the quality of tourism in this country and want to create a second home here with the best guarantees. Making a real estate investment decision is one of the best decisions, especially if you have a clear understanding of the operation purpose. In general,...
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Summer is the perfect time for those interested in buying a house. The last month of summer is left, which means there is still a chance to find a house that will best suit the needs of a potential buyer. In addition, buying real estate in the summer allows you to carry out work and repairs in the autumn, which makes it possible to evaluate such key aspects as the illumination of the house or its behavior under changing weather conditions. And if we consider the data on real estate sector recovery, which it showed in recent...
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Aedas Homes, the developer with the largest number of completed houses in Spain last year, announced this Thursday that it has acquired Áurea Homes in a € 53.7 million transaction. The acquisition includes eight ongoing projects and seven ready-to-build land plots, located primarily in the center and north of the country, where the company, headed by David Martinez, will thus strengthen its presence. With this move, Aedas shows that it does not want to be left behind in the race that Neinor started in January last year by announcing its...
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The process of centralizing Spanish banks and the subsequent closure of branches will have clear implications for the property market. According to experts from the real estate consultancy Laborde Marcet, this situation, coupled with the impact of the pandemic, is giving rise to the proliferation of new businesses, as well as the emergence of vacancies on the second and third commercial lines. The experts base their analysis on Barcelona, where major banks are looking for premises in prime locations. ...