Spain Real Estate News
Foreign home buyers are a significant part of the Spanish real estate market. In effect, in the second quarter of 2024, they accounted for 14.84% of purchase transactions, 0.63% more than in the previous quarter.
That is one of the data collected in the Real Estate Registry Statistics Report of the College of Registrars. We analyze other significant aspects regarding foreign home buyers below.
Forecasts indicate that demand will continue to be higher than supply in the real estate market. This situation favours the seller. However, to sell a property in 2024 quickly and in the best conditions, it is essential to keep some fundamental aspects in mind.
...continue reading "Selling a Property in 2024: What You Need for the Sale of Your Home"
The forecasts have come true, the price of money continues to rise, and with the new ECB rate hike, these are now at 4%. And we must add that Euribor has also broken the 4% barrier. A scenario that portends a cooling off in the real estate sector, even more considering that forecasts do not currently point to a rates reduction nor the reference index.
...continue reading "New ECB Interest Rate Hike: Impact on Mortgages and Real Estate Market in Spain"
When you want to change your home, it is usual to sell the one you already have before buying a new one. It is the logical decision to have sufficient liquidity and avoid getting into debt or having to meet the basic expenses of two houses.
However, it is not always the best decision. There are also different circumstances in which it can be much more advantageous to buy a home before selling the one you already have. Calmly assessing what to do, therefore, is essential. When should you consider buying in the first place?
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%.
Luxury homes have gained prominence in the real estate market recently. In fact, according to El Confidencial, in the market of buyers and investors in luxury housing, the goal is a one million euro property.
...continue reading "Million-Euro Homes in Spain: What to Buy When Looking for a Luxury Home"
Despite the economic crisis caused by the pandemic, the worst omens have not occurred. The real estate market, although affected, was not as severely hit as was feared. Of course, the sale and rental prices have maintained an uneven trend. And, at the moment, no substantial changes are expected.
...continue reading "Expected evolution of sale and rental prices for this summer"
With a privileged climate, beautiful beaches and a great atmosphere, a holiday rental in Costa del Sol, Spain, is a pleasure. And enjoying unforgettable days in this little paradise is within everyone's reach. With Spainhouses.net, it's easy to find the perfect accommodation. Here are ten fantastic opportunities for this summer. Keep reading!
...continue reading "Holiday rental homes in Costa del Sol, Spain: 10 opportunities for this summer"
Selling an inherited flat is not as simple as it may seem at first glance. Before being able to put it on the real estate market, it is essential to comply with a whole series of procedures that allow the operation to be carried out with guarantees and within the law. And not only that, it is necessary to reach valid agreements with the rest of the heirs, which is not always possible.
...continue reading "What to consider when selling an inherited flat"
Buying a home can be one of the higher investments you have to face. Therefore, it is a decision we shouldn't take lightly. In general, the search starts from a simple question: what is better, buying a new or second-hand home.
There is no perfect answer. In the end, the choice will depend on several factors that we should consider calmly since both options have their advantages and disadvantages.
...continue reading "What is better, buying a new or a second-hand home?"