News
-
Iin its report, Bank of Spain warns of the impact that the pandemic may have on the development of the commercial real estate market. The Spanish Covid-19 crisis has negatively impacted the valuation of tertiary real estate (which includes commercial assets, offices, hotels and logistics). Moreover, it warns that this could have a negative impact...
Read more -
Covid-19 has taken a huge tall to the global economy, painting a grim picture in sectors such as hospitality, commerce and tourism. The economic blow in 2020 will give way to a period of prosperity and growth in 2021 and 2022 in the Spanish economy with an expected GDP growth of more than 6%. Several points characterize the current economic...
Read more -
In 2021, property prices were different when it comes to selling or renting. Secondary property sales prices increased by 10.1% in June on a year-to-year basis, although with declines in some major capitals, rental prices in Spain fell an average of 5.6%, with more significant declines in major real estate markets. A new format is now provided for...
Read more -
Building your own house is an alternative that is slowly gaining momentum. On the one hand, there are many areas in Spain where real estate market is very tense, with high prices and difficulties in finding property. On the other hand, prefab house format is becoming more and more affordable, which allows you to get a house quickly, more...
Read more -
Profitability starts when the difference in price before and after renovation exceeds 25%, in Salamanca it is only 15%, so the margin is low. Before the economic crisis over ten years ago, when the real estate market was one of the main engines of the Spanish economy, buying an apartment in Salamanca for renovation and subsequent sale was a common...
Read more -
Real estate market is recovering at a good pace after a sharp drop caused by the consequences of the pandemic. After months of "paralysis" caused by restrictions, the desire to buy property has spurred deals. In May this year, the number of transactions increased by a historic 107% over last year, and demand is expected to remain very strong. How...
Read more -
Owning a house by the sea is a luxury available to only a few, which can become even more inaccessible depending on the area where the property is located. Spain's 8,000 kilometers of coastline makes it one of the countries with the highest tourist interest, therefore, apart from the price, domestic demand is becoming more complex in the face of...
Read more -
Gradual recovery in the economy and progress in the COVID-19 vaccination schedule are rolling away stormy clouds that have plagued the property market, which now looks set to be dominated by rising prices. At least that is what the experts of Idealista / news portal predict, including economists, specialized consultants and real estate agencies....
Read more -
Over the years, consumer habits have evolved largely thanks to the constant technological process that has led to blanket distribution of the Internet and, as a consequence, spread of smartphones. As a result, more and more consumers are choosing to shop online, which is driving the growth of e-commerce. After the COVID-19 pandemic, a gradual...
Read more -
Real estate market has ridden out the pandemic well enough. The fall in prices was not as sharp as one might expect at first, and there are certain types of real estate, the prices of which did not fall, but increased. “Luxury housing has suffered a less pronounced fall in prices than real estate in general,” says Emiliano Bermúdez, deputy general...
Read more
