Spain Real Estate News
In most cases, buying and selling a property takes some time; however, it is possible to speed up the process if the homeowner already has all the required documents. If you are going to sell a home, it is likely that you already have some of them. Nevertheless, there'll be documentation that you'll have to request from specific organizations.
...continue reading "What Documents Do You Need to Sell a Home?"
Buying a bank repossession is one of the alternatives we should consider when looking for housing. These are properties that, due to non-payments and foreclosures, have passed into the hands of banking entities. Opting for this option has many advantages for the buyer but also some drawbacks.
...continue reading "Bank Repossession Properties: Pros and Cons?"
Buying a house in Spain implies different procedures and taxes, which means expenses. Knowing all the costs of purchasing a home will be fundamental because they affect the total outlay of acquiring the property.
...continue reading "Costs of Buying a Home in Spain: an Essential Guide for Foreign Buyers"
When we expect the cooling of the real estate market, any seller desires to sell their property as soon as possible. But, when negotiating adjustments in the property price, mistakes can be made that have the opposite effect. Choosing a good strategy and avoiding improvisation and haste are crucial to selling a house quickly.
...continue reading "Selling a Property Fast: Mistakes to Avoid When The Market Is Down"
Every once in a while, we want to spruce up our home's style. Tastes and trends change, or perhaps we’re just tired of what we have. When we think about making a change, tackling a total decoration overhaul can make your head spin, especially if we think about the cost or time we need to invest. However, there are many ways of making a change for very little.
...continue reading "6 ideas for a quick renovation of your home’s decoration"
The price of housing no longer grows as before. The bulky double-digit increments have long since been abandoned. In addition to this contraction, other fundamental market indicators, such as mortgages and sales, are registering a different evolution, moving from the negative to the positive terrain or vice versa from one month to another. The confluence of internal and external factors is making a dent in the sector.
...continue reading "Reasons why the housing market is slowing down"This house was designed in 2015 by DTR_studio architects. The photographer is Cristina Beltrán.
A developer is planning to build the European Union’s tallest skyscraper in Madrid.
The 70-floor building would go up in the Chamartín district of the capital, and be part of a larger six-tower complex planned by Distrito Castellana Norte (DCN), has said company CEO Antonio Béjar.
The new buildings are slated for construction near four existing skyscrapers known as Las Cuatro Torres, whose 52-floor Torre Cristal, standing at 250 meters, is currently Madrid’s tallest tower.
Béjar said that the project “will redesign the city’s skyline and place Madrid among the main European capitals.”
According to Béjar, the six new towers “make up a balanced and sustainable urban setting.”
Béjar said the project has all necessary authorizations and technical approval reflected in 48 favorable reports. But it still lacks a municipal license. Béjar said that his company has not sent an ultimatum to city authorities, but that he hopes to get a reply before the end of this year.
...continue reading "Developer is planning to build the European Union’s tallest skyscraper in Madrid"
Residential property sales in Spain are continuing to rise with the latest data showing that the number of transaction recorded by notaires increased by 7.3% compared with 
the same month in 2014.
It marks some 18 months of continuous growth, the figures from the General Council of Notaires shows with its analysis report saying that the recovery in the housing market is being maintained.
A breakdown of the data shows that apartment sales increased by 6.2% year on year, more than double the increase recorded in October 2015. This was due to sales of free price apartments rising 8.3% and also sales of second hand apartments rising by 12.2%.
Sales of individual family homes also saw strong growth, up 11.4%, recording nine months in a row of double digit increased. However, sales of new housing fell for a tenth month in a row, down in November by 18.6%.
...continue reading "Residential property sales up for 18th month in a row in Spain"
Residential property sales in Spain increased in May to their highest level for three years, according to the latest official figures.
But there is an ongoing collapse in new home sales, the data from the National Institute of Statistics (INE) shows.
Overall there were 26,455 homes sale in May, up 5% on last year and 11% on the year before that. But a breakdown of the figures shows that the increase came from the resale market, up 34% over 12 months, whilst new home sales fell 42% to just over 6,000.
The overall picture is one of a recovery in demand for property in all areas where foreigners tend to buy, but with the market hamstring being a lack of attractive new homes for sale.
However this could be about to change. Demand is growing for new homes in Marbella, for example, and developers are building again.
...continue reading "Property sales in Spain reach three year high"
