News, page 80

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 foreign interest. The differences in the average net annual income per person in the autonomous communities with the coastline are noticeable, as are the prices recorded in their real...

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 manager of the Don Piso real estate business. This year, the market expects prices to rise by about 3%, according to the expert.  ...

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 shift from physical trading to online retail transactions has inevitably accelerated, with many businesses taking advantage of the economy “from the comfort of their homes.” ...

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 sector, to repair housing, as well as to improve energy efficiency. Carolina Roca, vice president of ASPRIMA, confirms the need for the sector to receive this economic support to overcome...

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 countries. As of the end of the second quarter of 2021, the latest data show that 11.3% of the sale and lease deals of the Spanish real estate market are related to foreigners. This is 7.7...

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 the biggest boom in real estate projects that are already completed or underway and...

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., ”says Juan José Aguilera, director of Institutional Relations of the Official College of Real Estate Agents (Coapi) of Barcelona. Jose Manuel Fernandez, Deputy CEO of UCI notes that...

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 commercial activity, 267 off-plan houses were sold in the first half of 2021, compared to 208 houses in the same period in 2020. To date, Premier has sold 87% of houses which will be...

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 only changes in supply and demand, it also changed consumer preferences. And the trend shows an increase in the number of requests for single-family houses. Yes, the era of chalet-type...