News, page 82

The price of housing in the city of Cádiz resisted the first wave of the coronavirus pandemic, made a small attempt to grow during the summer, but fell during the second wave. With the expansion of vaccination and the recovery horizon, which is already perceived closer, prices have recovered again and are already exceeding the figures recorded before the start of the health crisis. At a time when the pandemic was in full swing, the average price of real estate in the city of Cádiz has undergone changes. If at the...

A little over a year ago, Spain began to recover from a pandemic that paralyzed the economy. Real estate market was no exception, and sales and mortgage data fell during the worst months of the pandemic, followed by a recovery with ups and downs. However, the evolution of prices proceeds in different ways depending on the analyzed city. In the latest report from Idealista, secondary housing prices in Spain increased by 10.1% year-on-year in June, reaching 1,816 euros per sq.m. But not all provincial capitals have seen this...

Along with the progress of vaccinations and the end of mobility restrictions, the Spanish real estate sector is consolidating its positive trend for the fourth consecutive month. Thus, it demonstrates a recovery thanks to the positive dynamics of economic sector indicators, mobility and real estate. This follows from the latest data from CBRE Recovery Monitor, a Spanish market index that measures dynamics of the real estate sector's recovery and is prepared by the Data Science and Research teams of CBRE Spain. ...

The changes caused by the pandemic are especially acute in the real estate market. While self-isolation and teleworking have highlighted the shortcomings of many houses and prompted their owners to look for others better suited to their new space and location needs, the virus that caused the deaths of older people in the early stages has also led to an increase in the supply of inherited property. This is supported by a study by Fotocasa Research called Housing Inheritance During a Pandemic, which accounts for nearly 20% of total...

Sareb's board of directors has selected Domo Group as the dedicated manager for the completion of 205 residential projects totaling € 300 million. Sareb received these projects unfinished and will bring about 5,600 new houses to the retail market. Sareb announced this tender to find a highly specialized manager in this activity, which will make completion processes more flexible and efficient than the shared service model, while at the same time accelerating the pace of completion and increasing supply of new Sareb property. ...

Signing of mortgage agreements in Spain is gaining momentum again. A year and a half after the start of the pandemic, the issuance of mortgage loans on a monthly basis exceeds the indicators of 2019. In April alone, there were 32.1% more mortgage loans issued than in the same month of 2020, 9% more than in 2019. A gradual return to normalcy and progress in vaccinations have quickly recovered the mortgage market, which has been hit hard during the worst months of isolation. However, there have been certain changes in the mortgage market in...

The developer Aedas has reached one of the most important new residential sectors of Seville and possibly Spain: Entrenúcleos, in the municipality of Dos Hermanas. Three projects are being launched with 237 single-family and multi-family houses in the best area of this famous region, next to the united neighborhood of Montequinto. The developer has started marketing the first phase of the residential complexes Eris, Elara and Portia, which offer "houses for every taste", as noted by Julio Gomez, development manager of Aedas...

Gradually, Spanish real estate is solving some issues that remained unresolved due to the pandemic. KKH Property Investors has finally appointed Sanjose Constructora to perform work on the construction of an elite residential building, which will be erected in a 20-storey building located on Paseo de Gracia 111 in Barcelona, at the intersection with Diagonal Avenue, as sources in the company told Idealista/news. The new residential complex, which has an area of more than 13,000 sq. m., will have 34 luxury houses (including several...

The luxury housing market will continue to grow in Europe and in Spain, which is an attractive destination for international real estate investment. There is an interest of investors and liquidity, and cities such as Madrid and Barcelona offer more favorable prices than other major European cities. "The crisis that we experienced was a supply and demand shock that paralyzed the market, but this is not a systemic crisis. There is the light at the end of the tunnel: the luxury market will continue to grow in 2021, and there are very...

The Asturian real estate market can offer a lot of favorable suggestions. The trick is to know where to search. For example, you can find real estate in coastal areas at favorable prices: apartments 10 minutes from Salinas beach for 21,000 euros or houses a few meters from San Lorenzo. One of the main profitable purchases is located in the area of Avilesino, La Luz. With an ideal location, direct connection to the A-8, supermarkets, bars and a 5-minute drive from the center of Aviles, an apartment with exterior decoration, with 3...