News, page 87

Prefabricated houses in Spain have become increasingly popular over the years and are now one of the main alternatives to traditional structures. More and more people prefer this type of modular housing.These factory-built houses are available in a wide range, with different materials, finishes and offer, depending on the model chosen, more or less personality. All this affects their final price, which, in any case, is usually much lower than that of traditional constructions...

Mortgage loans broke their negative trend. In March, 36,886 home mortgages were issued, which is 35.1% more than in March last year, and 16.6% more than in February, the National Institute of Statistics (INE) reports today. The figure, the highest since January 2020, ended five consecutive months of declines, although it should be borne in mind that the year-on-year increase refers to the month in which the pandemic alert was declared.Another sign that the mortgage market continues to...

The plenary session of the Madrid City Council has approved the management agreement for the development of the new Valdecarros neighborhood. The signing ceremony took place at the IFEMA Exhibition Center during the Madrid real estate exhibition SIMA 2021. The event was attended by the signatories of the agreement, Mariano Fuentes, Delegate for Urban Development of the Madrid City Council, Luis Roca de Togores, President of the Valdecarros Compensation Council, and Begoña Villacís, Deputy...

The sales market in the archipelago is very fragmented and has no clear dominants, with a large presence of local real estate agencies (API) and service companies such as Altamira or Haya. The selling residential properties held by API in the Balearic Islands amount to 86%. This figure makes the archipelago one of the most professionally developed real estate markets in Spain, ranking sixth among the provinces with the most residential properties in API, according to a report by Brainsre.

Simultaneously with the decline in the incidence of COVID-19 in Spain, the Spanish real estate sector strengthened its positive trend for the third consecutive month and showed a recovery in April due to the positive dynamics of the economy and mobility indicators. This is reflected in the CBRE Recovery Monitor, a super-indicator prepared by the Data Science and Research departments of CBRE Spain, which measures the recovery dynamics of the real estate sector r. ...

As a result of the deals concluded in the first quarter of this year, more than 2,000 homes will be put into operation, in addition to the 5,300 planned rental projects that began in 2020. Investment in the rental housing market (BTR and PRS) exceeded 530 million euros in Spain during the first three months of 2021. Thus, investments continue to show positive dynamics in one of the most stable segments in 2020, when 1.7 billion euros were registered, according to Savills Aguirre Newman. ...

The National Construction Confederation (CNC) has proposed using European funds to make it easier for young people to buy their first home. For this purpose, guarantees will be issued to cover 20% of its cost. The request is part of the housing bill preparation process, which the government plans to approve in the second quarter of this year. In particular, the employers' association supports the youth housing affordability plan in cooperation with ICOs and financial institutions, in line with a measure...

Demand for single-family houses made of steel has increased by more than 40% over the past year, especially in the Sierra de Madrid, according to the new construction department of the real estate group Re/Max Expogroup España. During the first five months of 2021, the company registered a growing interest in green building on land plots in the remote areas of the region. 90% of the consultation requests received by both the company's technical architectural and marketing services relate to this...

National and international brokerage companies compete with local brokers in the market for selling and renting real estate on the Costa del Sol in Malaga, one of the most professional at the national level. Brokers are the key to selling real estate, and when it comes to buyers who do not live in the area and foreigners. The sales market in the province of Malaga is one of the most professionally prepared in Spain, being the fourth region with the most residential properties (88%) in the API,...

The Spanish housing market looks ahead to 2021 with solid fundamentals and a positive outlook. It is estimated that demand for housing will grow by 5% in 2021, which will lead to the sale of about half a million houses. This information is contained in the CBRE report "Residential real estate market in Spain 2021", which made an assessment of the sector over the past year. Samuel Población, National Residential and Land Real Estate Director at CBRE in Spain, is optimistic about the development...