News, page 81

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...

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...

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...

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...

After almost a year of stagnation in the tourism sector on the islands and in Spain in general, investment funds are studying the market and making very tempting offers to businessmen. There are more than 1,200 hotels for sale throughout Spain, more than a hundred are in the archipelago. The latest high-profile deal is the sale of the famous Mare...

Property sales prices overcame the first year of the pandemic, increasing by 10% in June over last year, according to the latest report from Idealista prices, the main real estate market in Spain, Italy and Portugal, but this increase has not been uniform across all types or across all geographic areas of the country. The largest increase in...

Investments in the hotel sector in the first six months of this year reached 1.094 billion euro, which exceeded the level of the entire previous year – 955 million euros. It is also one of the best semi-annual records in the last 15 years. "Investments have intensified with extraordinary force," say Colliers experts, who predict "very...

After 2020, when the real estate market saw lows for more than a decade in property sales and purchases, and prices continued to rise, in 2021 the tone changed in terms of the number of transactions, with a recovery in demand, while prices continued to resist falling. This is, in general terms, the “diagnosis” of the main experts and real estate...

Prices for both new and secondary property have increased by 3.6% year-on-year in June, with the largest increase occurring on the Mediterranean coast with 6.5% growth, according to data released by Tinsa. In addition to coastal property, there was a 4.8% increase in property prices for real estate located in small towns grouped in the rest of the...

Real estate registrars confirmed that the housing market is close to restoring its normal state before the pandemic, publishing data for May. Home sales doubled compared to May 2020, but are still 3.8% lower compared to the same month in 2019. Mortgage lending in May increased by 33.3% year-on-year, but still decreased by 1.4% compared to two years...