Although we still have a long way to go before the pandemic is completely overcome, we can say that the real estate sector has started to recover from the COVID. When the unprecedented health crisis erupted, the Spanish real estate sector was practically brought to a standstill. However, little by little, it managed to reactivate …
After the impact of COVID-19, the purchase of housing takes off and has the best figure since 2007. The facts and figures shown, some weeks ago, by Instituto Nacional de Estadística (INE), indicate that the purchase of housing, the past month of March, increased 32,4% in the interannual rate compared to March 2020, which represents …
Foreign buyers of luxury housing in Madrid, depending on their nationality, prefer to invest in new construction or in second-hand housing. According to studies carried out by real estate agencies specialized in the luxury sector, American and Asian investors in luxury property in the capital, usually look for new construction property, whereas European buyers prefer …
The fears that Spanish people have when renting a house of their property are mainly related to late payment and the possible damage to the property. Another worry of Spanish landlords/landladies is squatting and the limits to rent level. However, the greatest concerns are the tenant´s non-payment and the misuse of the house. This is …
COVID-19 has resulted in another stumbling block for young people when it comes to gaining access to property so as to be able to become independent. In this blog, last week, we wrote about the facts and figures shown by the Instituto Nacional de Estadística (INE) concerning the types of housing tenure in Spain, and …
Spanish families prefer to be the owners of their homes rather than renting. This is the headline one can have on the basis of the data shown, some weeks ago, by the Instituto Nacional de Estadística (INE), concerning the type of housing tenure in Spain. This data shows that nearly 77% of Spanish families lived …
Houses that cost around one million euros are the most demanded ones by luxury homebuyers. Experts on the real estate sector have detected that, in our country, high standing property investors have lately looked for second hand housing, to renovate, and that has the price of around one million euros. Regarding this fact, it is …
Since the irruption of the pandemic, the outskirts have gained prominence for the Spanish real estate investor. Real estate analysts believe that metropolitan areas located away from the centre of our large cities are much more in demand since the coronavirus arrived on the scene. Currently, it not so important to live in the centre …
The costs in community in luxury property are much higher than in normal real estate, and this is due to the exclusive services that are offered and thus enjoyed by the owner. It is a well-known fact that the community expenses of a flat usually vary depending on the services that are available and that …
Virtual neighbourhood board meetings avoid having them face-to-face and this allows owners to meet without going or moving anywhere. If these virtual meetings were implemented in our country, it would mean being able to hold neighbourhood association meetings without taking any risk of contagion during this pandemic. In addition, it would enable to meet without …
In Spain, the most sought-after provincial capitals for the homebuyer are those that have the highest household income and in addition also have the lowest unemployment rate. This is the headline that we can draw from the report that has been made public by the real estate portal Idealista regarding the residential market in Spain …
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