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Buying or renting a house in Spain: what to choose in 2023?
Buying or renting a house in Spain: what to choose in 2023?

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When choosing a new home and deciding whether to buy or rent it, many factors come into play, often not obvious, which can easily tip the scales in one direction or another, depending on the time and situation. Considering the residential real estate market in Spain in 2023, what can the analyst tell us about the choice between buying and renting? First of all, when talking about buying, the idea of opening a mortgage loan pops up. In this case, it is worth paying attention to the rates and conditions that banks are currently...

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How much income can you get from renting a house?
How much income can you get from renting a house?

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Renting out housing was and still remains one of the most profitable ways to make money on the Spanish real estate market. In 2022, the gross annual profit in this sector ranged between 6.5% and 7.7%. Every year thousands of small and medium-sized investors enter this market, earning solid money. According to the Fotocasa portal, only among Spanish real estate buyers about 7% have purchased housing as an investment. Most of them planned to use it as a passive rental income tool. In 2023, the situation does not promise noticeable...

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New four-star hotel in Seville
New four-star hotel in Seville

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A four-star hotel on the island of La Cartuja, which is just under development, has already found a buyer. It was acquired by the company Montebalito, which has already established cooperation with a number of investment groups and hotel chains to lease them a new turnkey hotel facility. Sources who reported on Montebalito's cooperation with investors and hotel chains did not disclose the price at which the object was sold, however, it is known that the total area of the hotel is 5,251 square meters, which are distributed over five...

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The future of crypto mortgages
The future of crypto mortgages

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The development of digital technologies in recent years has led to the most unexpected changes in the economy. Digitalization covers more and more new industries, coming both to the banking sector and the real estate market. The concept of crypto assets Various crypto assets, primarily cryptocurrencies, have become one of the new technological phenomena. The boom in them was rapid and their growth continues to this day, even despite all the problems of the sector, mainly related to the low degree of its regulation....

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Prices for land, labor and building materials are making new housing more expensive, although demand continues to grow
Prices for land, labor and building materials are making new housing more expensive, although demand continues to grow

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The construction sector has long recovered from the crisis caused by COVID-19 and in recent years has gained a construction speed significantly exceeding the pre-pandemic indicators. Nevertheless, the current indicators are still insufficient to meet the demand that has formed. Even before 2020, industry representatives indicated that the pace of launching new construction projects should reach 125,000 to 150,000 per year. This was pointed out, for example. Juan Antonio Gomez-Pintado, President of the Association of Developers of...

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Experts reflect on the solution to the real estate crisis in the Balearic Islands
Experts reflect on the solution to the real estate crisis in the Balearic Islands

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"The right to housing is a basic human right, but it can be achieved only through cooperation" — the words with which Francine Armengol, Chairman of the Government of the Balearic Islands, concluded the debate on the problem of housing affordability for ordinary citizens of the archipelago. Armengol's speech gathered a large and attentive audience interested in what steps the regional authorities plan to take to actually solve the problem. The Chairperson listed several measures that had already been taken. These include cooperation...

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Up to what age is it allowed to take out a mortgage loan in Spain?
Up to what age is it allowed to take out a mortgage loan in Spain?

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Against the background of economic instability, rising housing prices and falling household incomes, mortgage lending has become more important than ever for people who want or need to buy a new home. This is especially true for young people who are just trying to start an independent life. However, there are much more age categories in need of a mortgage. For example, the elderly population is in no less vulnerable position than the youth. The coming recession, if it happens according to a pessimistic scenario, may lead to a fall in...

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Spain intends to become a key logistics center of Europe
Spain intends to become a key logistics center of Europe

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In recent years, Spain has managed to strengthen its position as one of the most important logistics hubs in Europe. Experts of the Proequity company, engaged in consulting in the logistics sector, say that today Spain is an important transport center for the continent. The country has a developed infrastructure, an advantageous geographical location and constantly introduces innovations into the industry. All this will ensure the steady growth of this industry in the coming months, if not years. ...

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The real estate sector offers opportunities for cooperation between business and the state to the new government of Barcelona
The real estate sector offers opportunities for cooperation between business and the state to the new government of Barcelona

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Representatives of the Barcelona real estate market offer the new government opportunities for cooperation between the private and public sectors in advance. The government itself will be determined only in May as a result of municipal elections. It is already clear that the priority in the new policy will be affordable housing for the general population of Catalonia. The business is ready to cooperate, seeing for itself the prospects for such development and understanding the dangers that are created in the sector due to the lack of...

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2023 forecast: Spain, Italy and Portugal determine the development of the European real estate sector
2023 forecast: Spain, Italy and Portugal determine the development of the European real estate sector

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In 2022, despite the macroeconomic and international situation, Europe remained one of the most popular travel destinations. Up to 70% of international tourists have chosen European countries as their main destination for travel. Such a high demand from tourists, the growth of the tourism sector and the corresponding real estate markets attracted the attention of major international investors. Thus, according to the study "Global Hotels Investment Outlook 2023" by JLL, the hotel sector of the European real estate market has once...

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