In difficult times, the real estate market gets usually considered a safe-haven asset because it represents a less volatile investment than others. However, more and more people are considering buying a home to rent as an alternative to traditional forms of investing, seeking an attractive return both in the short and long term.
...continue reading "Tips for Buying a Rental Property and Getting the Deal Right"Tag: Rental Homes
A new real estate boom: the rental market
The Spanish real estate market is experiencing a new boom, this time in the rental sector. The average rent for new leases has risen ...continue reading "A new real estate boom: the rental market"
Faced with soaring rents, Barcelona tenants unite to create a “union”
The initiative draws from the tenant unions already in existence in other European countries. In Barcelona, ...continue reading "Faced with soaring rents, Barcelona tenants unite to create a “union”"
Sun Shining on Spanish Property Sales
Property pundits have been concerned that sales of newly built Spanish homes appear to be low, contradicting the notion that a solid recovery is in full swing. In fact all the evidence shows the new
So why isn’t this translating into official figures? The reason is that home sales won’t be entered into the property register until they are fully built and have habitation certificates, meaning we can take these seemingly low sales figures with a pinch of salt.
On to the wider sales market, which includes second-hand homes, and the latest figures from the National Institute of Statistics show strong growth across key regions including the Costa Blanca, Costa del Sol, Murcia, Balearic Islands, and the cosmopolitan centres of Madrid and Barcelona.
...continue reading "Sun Shining on Spanish Property Sales"
Marbella’s summer rental prices remain unchanged
This summer the cost of holiday rentals in Marbella has remained the same as last year, in the luxury sector as well as for standard properties. The town has not been affected by the fierce price war which has affected other tourist areas of the province, where the cost of holiday rentals has dropped by up to 20 per cent compared with the summer of 2012.
Spanish clients, on the other hand, are very cautious about the price they pay for a holiday rental. The average price a Spanish family is willing to pay, normally for a fortnight, is about 2,000 euros. This is a similar figure to that of last year.
...continue reading "Marbella’s summer rental prices remain unchanged"