Spain Real Estate News
The school term is coming up and like every year, university students are in the middle of searching for a flat to share. This time, they are also facing the uncertainty of a year affected by COVID-19 and the possibility of new outbreaks. It seems that classes will be face-to-face, but the possibility that they will be given online with or without another lockdown is also a reality. Given all of this, it is necessary to prevent conflicts by including a COVID clause in student rental contracts.
The coronavirus crisis has affected all economic sectors and among them, of course, the real estate sector, which has only recently recovered from the deep crisis it suffered in 2008. During the first quarter of 2020, the Housing Prices Index in Spain rose 1.1%, according to the National Institute of Statistics (INE, for its initials in Spanish). But the lockdown marked a turning point and the post-COVID-19 forecasts are not very encouraging in the short-term, although the dip is small compared to the previous crisis.
...continue reading "Post-COVID-19 forecasts in the real estate sector"
Owning a holiday rental property can be a great investment and source of income, even in the complicated circumstances we’re living through. The situation is complex and it's a highly competitive market. Therefore, it’s essential to stand out and offer customers the best experience. How can you do that?
...continue reading "Practical tips for owners of holiday rental properties"
Recent months have been tough as a result of the situation created by the coronavirus, and this is true for housing as well. Circumstances have made it so that many families, indeed up to 500,000 people, are facing difficulties when it comes to paying rent. This has led the government to take some measures in this regard, including nation-wide COVID-19 rental relief payments.
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The brake has been slammed on, in relation to the sale and purchase operations. Experts and operators in the sector anticipate a stop in the number of housing transactions. The coronavirus will cause delays in purchasing decisions among those people who were considering changing their homes, among those who had started the process of finding homes and among those who had already seen apartments and were doubting whether to reserve the one that had most affected them. liked it or not. These potential buyers may be thinking about the effects that the coronavirus may have on the real estate market in the form of possible price drops that they can benefit from later.
...continue reading "Real estate agents anticipate a freeze on home purchases due to the coronavirus"
If you live with a person who has been infected with the coronavirus or who may be, you should try to isolate the patient and take extreme hygiene precautions. This guide, based on the advice of the Community of Madrid, the region of Spain with the highest number of infected, explains how to do it:
To isolate a person infected with coronavirus in their own home, it is advisable to have a room exclusively for them. It is also advisable not to share a bathroom with the infected person and, as far as possible, avoid meeting the patient in other rooms of the home to comply with the protocol of keeping at least one meter away from any positive case.
When you live with a person infected with the Covid-19, thorough daily cleaning is essential to avoid new infections. Special attention should be paid to surfaces that the infected person may have touched. The person in charge of cleaning should wear a mask and gloves. For cleaning, a solution of bleach water should be used: one part of disinfectant for every 49 of water. Clean all frequent contact surfaces daily: door handles, tables, switches, taps, toilets, telephones, and keyboards. The dishes and utensils should be washed with hot soapy water, preferably in a dishwasher to reach 60º. The patient's clothes can be washed separately with usual detergent at a temperature between 60º and 90º. Let it dry completely.
The contaminated residues of an infected by the SARS-CoV-2 coronavirus can be dangerous for the safety of other people who live with it. Therefore, the correct treatment of the generated remains can avoid possible contagions. It is essential to use disposable cleaning elements, to properly insulate the trash in a plastic bag, and exhaustive personal hygiene after treating this waste.
At the end of December, the Chinese authorities detected the existence of a new coronavirus (the so-called COVID-19) in the city of Wuhan. In January, the World Health Organization (WHO) decreed a global health emergency and real estate markets were shaken. To what extent should we worry about the impact of the virus on the real estate sector?
...continue reading "Coronavirus effects on the real estate sector"