Spain Real Estate News
Recently, the Spanish government approved a shock plan in response to the impact of the war in Ukraine and the increasing inflation. This plan included a significant measure: it limits the rents increase. It is a measure, however, of an extraordinary and temporary nature.
...continue reading "Cap on Rent Hikes in 2022: Only 2% Increase Possible"
Home sales, mortgage approvals, and consumer confidence are all recovering, but there’s still the problem of the glut concentrated in areas with low demand, says the real estate consultancy Acuña y Asociados in a new report. Including bank repossessions, the Spanish property market still has 1.36 million empty properties looking for a buyer, down from the 1.7 million in 2010. ...continue reading "Spain has 1.36 million empty and cheap properties for sale"