Spain Real Estate News
When we face an irregular economic scenario or high inflation, housing gets considered an investment that is safe and profitable. For this reason, this year is good timing for investing in real estate.
Another incentive to opt for investment in housing in 2022 is the gross rental return. According to data from the Bank of Spain, it stood at 3.7% in 2021, while the return of 10-year government bonds, for example, barely reached 0.5%.
Apartments that look nothing like the photos, homes much further from the beach than advertised, or even flats that don't exist. These are not frequent situations, but sometimes they happen, and they can ruin that long-planned holiday. Avoiding holiday rental scams is possible if you take some precautions.
...continue reading "Avoiding Holiday Rental Scams: Tips and Precautions if You Are Renting from Abroad"
Transforming premises into housing has been an upward trend lately due to the lack of housing stock in some areas and the little offer of more affordable homes.
Commercial premises at street level, offices and even small warehouses are thus changing their use to become homes, in some cases even luxurious. However, to change the use of a property, it is essential to follow a series of steps.
Families grow, needs change, and housing preferences evolve, much more under current circumstances. When that time comes, we may wonder between renovating or move to a new home. The decision is complicated, and it will always depend on personal circumstances and the real estate market.
...continue reading "The Big Question: Is it Better to Reform or Move to a New Home?"
Negotiating the selling price of a home is always a complex process with pros and cons for either party. Usually, we think the seller has a better position; however, that's not always the case. The buyer can get a good deal if he knows how to play his cards.
...continue reading "What to Consider When Negotiating the Price of a Home in Spain"