News, page 88

The major players say that investments in this segment are growing and it is undergoing a boom, although faced with serious challenges such as the need to develop regulations.The ”Living” sector, which combines five sub-sectors: student residence, shared hosting, multi-family real estate, affordable housing and healthcare assets is a developing market in Spain, but gradually getting a boost. Leticia Pérez, managing director of Dazia Capital, explained during the "Living as a...

In the period from January to March, 20,902 sales transactions were made in Catalonia, which is 19.35% more than in the previous quarter, even exceeding the results of the first quarter of 2020. The Association of Real Estate Agents of Catalonia (AIC) and the Official Association of Real Estate Agents of Barcelona (COAPI) have published data on the impact of Covid-19 and the fourth wave on the real estate market in the region in the first quarter of this year...

Culmia, a real estate company owned by the Oaktree Foundation, continues to support the urban development of La Solana, which will link Valdebebas with La Moraleja in the northeast of the capital. The company, which is one of the main land owners in the area, will invest 92.7 million euros in the development of a residential project, not including the amount spent on the land purchase.In particular, Culmia plans to build 140 houses in La Solana de Valdebebas, including villas, single-family and...

The project "Spain's Strategy 2050", presented by Prime Minister Pedro Sánchez, puts forward more than 200 proposals to improve the country's economic and social situation in the coming decades. These include housing measures, such as creating a fiscal framework to encourage affordable rents or reducing the rate associated with paying for housing. The Spain's plan for 2050 proposes to reduce the percentage of the population experiencing a financial burden due to housing costs, and focus on the...

The Valencian community, Andalusia and Catalonia are the destinations that foreigners prefer to visit more often. As a result of the coronavirus pandemic in 2020, housing sales to foreigners fell by 24.2% year-on-year, with 77,500 transactions, according to notaries. British (12.6%), Moroccans (8.3%), French (8.3%) and Germans (7.7%) bought a lot of houses due to the overall decline in 2020. Once again, the Valencian Community, Andalusia and Catalonia were the most preferred destinations for...

The interest in moving to a more spacious house, with a large open space, garden or terrace has become one of the main changes caused by the pandemic in the Spanish real estate market. According to data by Idealista, the leading property market in Spain, Italy and Portugal, since April last year, relative demand for villas sharply increased in the second and third quarters of last year, during mandatory self-isolation. People, being alone at their homes, realized that they no longer want to live in the house,...

The pandemic has affected housing prices unevenly. The data obtained for the first three months of this year already allows us to compare the impact of the coronavirus from the moment it began, quarterly and by year. Overall, the average house sale price reached 1,789 euros per square meter in the first quarter of 2021 in Spain. During this period, the average purchase and sale transaction amount was 261,085 euros. These figures represent a quarterly growth of 0.22% and an annual...

Since 2015, the municipal strategy for the construction of state-owned real estate has been aimed at changing the policy that has focused on the sale of new public housing for decades. The promotion of a new housing model with affordable rents, property rights and cohabitation guarantees the control and public ownership necessary to protect the right to housing for all people. The 34 buildings under construction represent a record number, as the construction of so many new facilities have never...

According to Savills Aguirre Newman's "What Buyers Want" report based on customers who currently want to buy property in Spain, France, Italy and Portugal, international home buyers in Southern Europe are looking for a large outdoor space, Internet connection and an eco-friendly area. Among the results of the study, conducted between February and March 2021, the availability of services, high-speed Internet connection and good views top the wish list of people who are going to buy a house in any of...

In 2020, Spaniards had to give 41% of their salary to pay for housing rent, which corresponds to the same percentage as a year earlier. The reason lies in the fact that salary and the rental price grew at almost the same rate. As a result, an average salary growth of 4.9% was offset by rent growth of 4.6%. The Relación de salarios y vivienda en alquiler en 2020 study says about it. This study is based on average rental housing prices from the Fotocasa real estate portal and average salary data from...