News
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The European Union has given the go-ahead for the implementation of the Spanish recovery plan, according to which the country will receive the first 9 billion euros out of a total of 140 billion at the end of July or early August, of which 70 billion are non-refundable. Part of this money will be directed to the real estate and construction...
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Users looking for a home on Idealista, the main real estate market in Spain, Italy and Portugal, are still attracted to the Spanish coast. Despite restrictions on movement between countries due to the coronavirus pandemic, the Idealista portal continues to provide high data on the number of interested foreign citizens or Spaniards living in other...
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Real estate market has shown great resilience during the crisis and is on the rise. Most popular areas are the following: Vicalvaro and Hortaleza. Villaverde. Fuencarral. Tetuan and Vallecas in Madrid. Eixample and La Marina del Prat Vermel in Barcelona. Martiricos. Paseo Maritimo and Martin Carpena in Malaga. These are the areas with...
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Experts agree that sales will increase this autumn. “We expect more than 125,000 sales and purchases in autumn, which brings us to the same level as before the pandemic, but in any case, much depends on the development of the health crisis and the economic situation in the country, unemployment rate, inflow of new generation European funds, etc.,...
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Premier sums up the results of the first half of the year. In the first six months of this year, the French developer commissioned a total of 317 houses in Spain compared with 215 in the same period last year, that is 47% higher. The company maintains its forecast for the end of the year with at least 734 housing units commissioned. In terms of...
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The pandemic has virtually hit every sector of the economy, but undoubtedly one of the most brutal consequences that we are seeing is the way it has frozen the activity of the real estate market. Anyhow, property sales and purchases gradually recovered to pre-pandemic levels during the first quarter of this year. But the crisis brought with it not...
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The Council of Ministers of the Spanish Government has authorized the allocation of € 1.631 billion to the Autonomous Communities and the cities of Ceuta and Melilla to rehabilitate property and public buildings as part of the Urban Recovery and Revitalization Plan. Castilla y León will receive a total of 86.851 million euros: 62.625 million...
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The luxury real estate sector was no immune to pandemic. In the middle of last year, Barnes estimated the fall in prices in Spain to 20%. However, it can be said that the real estate market as a whole has coped with the pandemic quite well. And this applies more to luxury real estate, in particular. “Luxury property has experienced a less...
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Luxury real estate developer Sierra Blanca Estates will develop the first residential project for Karl Lagerfeld's fashion and design brand in Spain. Five luxury villas will be built on an area of over 9,000 square meters between the Penibetica Mountains and the Mediterranean coast of Marbella, in the heart of Marbella's Golden Mile. Villas area...
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Despite the pandemic, Urbanite, real estate crowdfunding platform, doubles the volume of investments achieved in the period of 2019-2020. In the next 12 months, the company expects to triple the number of projects and attract more than 50 million euros in funding. Urbanitae funded 13 real estate projects worth € 12.5 million in the first half of...
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