News, page 84

Housing without terrace or balcony ... What will be their fate after the pandemic?
Housing without terrace or balcony ... What will be their fate after the pandemic?

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Open spaces, balconies, terraces ... The pandemic has changed many consumer habits, including in the real estate sector. Housing, which has become in demand in pandemic context, is distinguished by good location, comfort, and most importantly, a space where you can not just live, but work and relax. “The situation will tend to stabilize if the pandemic ends, because after this event, things will gradually return to normal and demand will adapt to other needs in the future,” explains Valentin Rodríguez Alonso, Member of the Spanish...

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Foreigners stimulate the purchase of housing in Spain
Foreigners stimulate the purchase of housing in Spain

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The impact of home purchases by foreigners continued to be significant in Spain during 2020. In the year of the pandemic, 46,303 transactions were registered and this figure, despite the fact that it is far from the historical maximum of 65,416 purchases in 2018, is at a level similar to that reached in 2014. This is one of the main conclusions drawn from the results of a study presented and published by Real Estate Agents (API) and FIABCI of Spain. The last year's data represents a decrease of 26.3% compared to 2019. Thus, in...

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Launch of USD 100 million real estate investment projects financed through the capital market
Launch of USD 100 million real estate investment projects financed through the capital market

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The Real Estate Closed-end Mutual Funds (FCICI) are gaining prominence in the real estate business. Several projects have already been presented in search of attracting money from the capital market and it is estimated that 10 of these plans will be announced in the short term, bringing together an investment of more than 100 million dollars. FCICIs are collective investment financial vehicles made up of assets that are nourished by the contributions made by investors subscribing shares and becoming shareholders of the fund. They are...

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Real estate agency Seville 2000 takes steps to sell real estate in Spain
Real estate agency Seville 2000 takes steps to sell real estate in Spain

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After the consequences that the pandemic brought to the real estate market, the market is booming again, so that the sale and purchase of houses again restores its value and becomes attractive for investment. Selling real estate is a simple procedure, but it requires a number of steps that are important to know for effective business management. A sales consultant together with a lawyer are ideal experts for the successful sale of real estate within the framework of the law. The real estate agency Sevilla 2000 employs professionals...

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The number of millionaires in Spain to grow by almost 60% in five years
The number of millionaires in Spain to grow by almost 60% in five years

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In the period from 2019 to 2020, the number of millionaires decreased by 23%, but in the coming years, the number of Spaniards who have accumulated a fortune of more than one million euros will grow by 58%. These are the data of the Wealth Report, prepared by Knight Frank, which analyzes the preferences of customers in the luxury real estate sector. The report predicts that after a lull in a number of countries around the world and restrictions imposed to combat the pandemic, investment will recover. "This year's forecast expresses...

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Gonzalo Bernardos:
Gonzalo Bernardos:

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Real estate analyst and consultant Gonzalo Bernardos is a professor of Economics at the University of Barcelona (UB) and directs a master's degree in Real Estate Consultancy, Management and Promotion at this educational institution. ldealista / news interviewed him to find out how he predicts the coming months for the Spanish real estate business after the pandemic, what he thinks about the growth of squatting and which, in his opinion, will be the main cities for housing investment in the coming months. ...

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The pandemic revives interest in real estate outside the major centers of Burgos
The pandemic revives interest in real estate outside the major centers of Burgos

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With the pandemic, many people are beginning to turn their attention to the provinces in search of open space and more freedom than most houses in the city center offer. And this small change in mentality seems to have become a trend, given the growing demand for houses and villas outside of major centers. This is confirmed by sources in the real estate sector of Burgos. They have noted the good dynamics of the real estate market in rural areas in recent months. According to Óscar Ortega Delgado, president of the Association...

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Foreigners stimulate the purchase of housing in Spain
Foreigners stimulate the purchase of housing in Spain

3880

The impact of home purchases by foreigners continued to be significant in Spain during 2020. In the year of the pandemic, 46,303 transactions were registered and this figure, despite the fact that it is far from the historical maximum of 65,416 purchases in 2018, is at a level similar to that reached in 2014. This is one of the main conclusions drawn from the results of a study presented and published by Real Estate Agents (API) and FIABCI of Spain. The last year's data represents a decrease of 26.3% compared to 2019. Thus, in...

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Prices for luxury housing to rise in Madrid and Barcelona this year
Prices for luxury housing to rise in Madrid and Barcelona this year

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Housing is holding up well. This year, prices for luxury housing in Madrid will grow by 3%, and in Barcelona by 2%, according to data published by the consulting company Knight Frank and included in its report The Wealth Report. According to the study, the real estate sector will become a key investment object for wealthy people (people with net assets of at least 50 million euros) in the coming months. Moreover, 25% of them plan to invest in real estate in 2021. "Low mortgage rates, the search for space and privacy after a...

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Start of new construction projects in Torrevieja
Start of new construction projects in Torrevieja

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In next 10 years, Torrevieja will be in the process of active development. 18 skyscrapers with 29 floors have been previously announced. The highest concentration of high-rise buildings will appear near the beaches. Not far from the Doña Sinforossa Park, 2 Torres Sinforosa towers with a height of 82 meters will be erected. According to the mayor of Torrevieja - Eduardo Dolon, the new buildings are designed to increase the capacity and accommodate more tourists, while the new buildings should not change the architectural course...

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