Saving is not a characteristic that the Spaniards, accustomed to living in a luxury style, can boast of. But in matters of real estate, they have to compromise their principles, since the cost of houses and apartments in the country is quite high. The Idealista portal analyzed the market situation and found out which housing...
Smart Tips On What To Check When Buying Property In Spain
Real estate in Spain has its pitfalls that are not visible at the first inspection. To protect yourself from regrets in the future, before buying, check the object for compliance with the paragraphs of the checklist below. 1. Check the documents for the apartment. These include: Escritura pública notarial – a bill of sale (confirms...
Significant Growth in Sales of Luxury Real Estate Units in Spain
The Golden Visa program in Spain has attracted many foreign investors since its launch in 2013, during the economic crisis. The resident investment program provides foreign buyers who invest at least €500,000 in real estate with a 20-day permit. The Spanish luxury real estate market in the third quarter of 2019 is at the peak...
Grand sales of banking property in Spain
Every year, banks and large real estate companies use the time of discounts to run advertising campaigns. This year the discount campaign will be valid until the end of 2019. In addition to residential premises, customers are offered garages, pantries, and industrial premises. The first to open a series of sales were Liberbank and Haya...
Rental Costs in Spain Jumped Up 50% In 5 Years
Recent reports from the Bank of Spain and the country’s National Statistical Agency (INE) shed light on the rising cost of living, in particular as a result of sharp increases in rents in Spain. The analysis of the Bank of Spain is dedicated to the period 2013-2018. While Spaniards earn only 1.6% more than five...
The Real Estate Market In The Coastal Areas Of Spain 2019
Spain has 320 sunny days a year, a mild climate, more than 500 clean, and safe Blue Flag beaches, as well as the opportunity to obtain a residence permit when purchasing a home. It has everything for a comfortable living: well-developed infrastructure, hospitality, a favorable business environment, and quality medicine. The price statistics below will...
Spanish Secondary Real Estate Market Dynamics
According to the data of the Spanish real estate portal Fotocasa, over the past year, the secondary real estate market in Spain has risen by an average of 8.4%, which is the highest achievement since 2007. The average cost per square meter in the country is € 1900, which is comparable with 2012 when this...
European Countries that Russian Investors Love the Best
Three most popular among Russians countries for investment are Spain, Switzerland, and the UK. Why they are favored we’ll try to find out in this article. Spain Mortgages in Spain are available to non-residents. However, if holders of permanent residence can receive a loan of up to 80% of the value of real estate, then...
Where to Buy an Apartment by the Sea and Save?
The boom in the global real estate market continues. Even the countries of Southern Europe, in which housing prices have declined steadily in recent years, begin to show growth. And yet, if you try, you can find resorts with cheap apartments. We present a selection of places where, with a budget of up to €...
Housing Prices’ Dynamics in Spain in 2018
According to the report of the Board of Registrars of Spain, the cost of housing in the country for 2018 increased by 8.2% – this is the highest growth rate in the last ten years. Since 2014 property prices in Spain have risen by almost 30%, indicating a rapid recovery of the sector. However, despite...