News, page 85

The cranes are working all over Palma, where new residential complexes are being built. From Cala Major to Gomila, passing through Nou Llevant, where construction is underway, or La Bonanova and El Amaneser, in the Femu Park area. The map of Ciutat is full of new buildings. Cranes show interest in new apartments. And the prices? The...

According to analytical studies, in the first trimester of 2021, the return on investments from Spanish real estate was 7.2% per annum, which is 0.4% lower compared to last year. The most profitable in terms of return on investment turned out to be: Lleida - 8.4%; Murcia - 7.9%; Huelva - 7.2%; Castellon de la Plana -...

On 12May, the Spanish consulate in Moscow announced the resumption of the issuance of tourist visas of the "C" type to Russians with some amendments. First of all, the owners of Spanish real estate can count on getting visas, as well as those who previously had Schengen for visiting Spain for a period of 2 years or more.  The issuance of...

The real estate transaction market in Spain registered a total of 196 announced and closed transactions for a total of 4,351 million euros until May 2021, according to the TTR (Transactional Track Record). This is 4.81% more in the number of transactions and 46.36% more in the amount of transactions compared to the first five months of 2020. Real...

The pandemic caused a significant decline in almost all sectors of the economy, and real estate was no exception. In the key quarter of the pandemic, investment fell by 86%, and this figure has not yet recovered. Over time, each type of economic activity has improved to a greater or lesser extent, and now questions begin to revolve around the final...

The real estate market in Aragon is close to recovering from the previous year. In fact, buying a new home in the region today costs 9.7% more than a year ago, reaching 1,919 euros per sq. m. Secondary real estate also rose 0.7%, according to statistics published on Tuesday by the Association of Registrars. One of the most striking figures in the...

The COVID-19 crisis has shaken the Spanish real estate market, changing the housing construction paradigm and re-evaluating neighborhoods and houses, such as those located on the outskirts of urban centers and on second lines, that until now have not been particularly attractive or seen as vacation opportunities. In this context of change, the real...

Millenium HotelsReal Estate plans to open its luxury hotel in the historic center of Cordoba by the end of 2023. It is a five-star property that the company will acquire after buying three stately houses located on Calle Cabezas and Calle Caldereros streets for 3.1 million euros. According to Socimi's own program, which specializes in hotel...

Out of every three purchases of housing in Spain by foreigners, two are made by citizens already living in Spain, respectively, they pay on average lower prices than foreigners who do not have the right to live in Spain. Foreign buyers have always been one of the driving forces of the real estate market, accounting for a significant share of all...

Over the past decade, the real estate sector has become one of the most attractive for foreign investors in Spain, becoming one of the key elements for the growth of the Spanish economy after the 2008 recession. In fact, according to CBRE, more than 70% of real estate investments came from foreign capital. The weight of investments falls on...