News, page 83

In May, some provinces of Spain saw an increase in the total volume of sales and purchases of real estate compared to the same month of 2020, which amounted to 145% on average across the country and increased to 265% in Murcia and 270% in the entire Valencian municipality, especially in the provinces of Valencia and Castelló. However, these figures are not so impressive in Alicante, where sales are slowing down due to a decrease in the influx of foreign buyers. Residential tourism has a great weight in the sales of the province. ...

Unlike the financial crisis of 2008, the real estate sector seems to have remained immune to the consequences that the coronavirus had for many sectors of the economy. Quarter by quarter, we can observe a general increase in prices for Spanish real estate. This is evidenced by the latest report made by the company iAhorro on the change in the cost of housing in Spain since the beginning of the pandemic. According to the analysis of prices for 1,456 objects of various real estate portals, it can be concluded that in the second quarter...

After the Pozuelo City Council approved the name change of ARPO (Area de Reparto Pozero Oeste) to the west of Pozuelo de Alarcón, construction of more than 5,500 new homes began. According to the consulting company Activum, Culmia, Pryconsa, Metrovacesa and Vía Célere own a significant part of the ARPO land.  ARPO, the district of Pozuelo de Alarcón, borders on the north, east and south with the Madrid neighborhoods of El Plantio and Aravaca, Casa de Campo and Aluche. And in the west –...

Savills Aguirre Newman reports that new home sales are increasing and accelerating their growth during 2020/2021, with total sales in the first quarter of 2021 reaching 12%. This is the highest figure for the last 6 years. At the regional level, Andalucía stands out with 93,588 units, which makes it the best-selling autonomous state in the country. Followed by Catalonia with an indicator of 74,564 units. Valencia, with 69,743 units, has strengthened its position in a more demographically dynamic...

The heads of the real estate department taking part in the main conference "Real estate as the driving force of the Spanish economy", organized by El Economista, expect that in the coming months prices for new homes will rise. This growth will slow down in 2021, but will grow again in 2022. Secondary housing prices have a different fate, as they continue to adjust after the pandemic. "Prices for new construction are growing moderately and may increase in 2022. It's time to buy, " said Borja García Egotzaga, CEO of Neinor...

The price of secondary housing in Spain increased by 10% in June over the past 12 months. According to the latest Idealista price index, a square meter costs 1,816 euros. If we consider the quarterly changes, the growth is 1.8%. According to Francisco Inareta, a representative of Idealista, "the magnitude of the June price increase is associated with an atypical drop that the market experienced after several months of stagnation. On the other hand, prices in major capitals remained at the same level or slightly decreased. Judging by...

The real estate sector is one of the pillars supporting the recovery of the Spanish economy, and we can say that it is now experiencing a housing boom. Activity is not weakening, the demand for housing is very high, and the sector is coming across a shortage of real estate agents, bricklayers, building materials. During the round table "New formulas for housing investment" organized by elEconomista, María Matos, director of research at Fotocasa, said: "Now we are seeing such a demand on our portal that we have never seen...

Spain is a country where the tourism sector is very developed: there are many coastal areas that make happy those who are looking for warmth and beaches. Real estate agencies offer a high level of service when it comes to buying real estate, whether it is as an investment, a second holiday home or for renting out. To guarantee the security of transactions and avoid unnecessary risks, it is necessary to look for those companies that offer high-level real estate and prices that correspond to its quality. ...

Online branches of banking institutions have begun providing personalized mortgages that offer a type of loan for any need and that can facilitate access to their own home for particularly vulnerable groups such as young people or the self-employed. Even before the health crisis, difficulties in accessing housing had become one of the main problems in Spanish society and one of the greatest challenges that financial institutions and the real estate sector had to face. Among the various population groups that faced serious...

Palencia managed to start 2021 with a surplus of 2,046 residential units and to reduce the stock of unsold new houses despite the pandemic during 2020. According to the Ministry of Transport, Mobility and Urban Agenda, 2,096 new houses were waitintg for buyers in 2019, so the stock decreased by 2.39% year-on-year. However, the sector has been hit hard by the pandemic, according to Juan Blanco of El Salón real estate agency. “Indeed, new houses were sold, but they were few compared to other years,” he notes. The months'...