Second homes in Spain - Increases have been observed since mid-February and will continue to rise until December. Easter marks the start of the period of the year in which the highest volume of journeys to holiday destinations or second homes in Spain is recorded. Although cultural tourism destinations such as Madrid, Barcelona or Seville are some of the most sought after by Spaniards to enjoy these...
Luxury housing in Spain booming - After the impact of the pandemic, the real estate sector in Spain has been recovering positively, with property sales figures higher than pre-pandemic levels. In this recovery, private buyers and investors interested in luxury properties located in large cities such as Madrid or Barcelona, on the islands and in coastal areas have played a major role. In times of crisis...
Investment in Europe hits record highs - The real estate sector continues to be attractive to investors. So much so that it has reached an unprecedented level in history. According to a report published by the consultancy firm CBRE, the sector attracted record investment in Europe in 2021, reaching a volume of 359 billion euros. The figure is 25% higher than that recorded in 2020 and 8% higher than...
Housing price in the EU - The housing price in the EU (European Union) as a whole rose by 9.1% year-on-year in the third quarter of 2021, their highest increase since the second quarter of 2007, according to data published by Eurostat. The largest increases were recorded in the Czech Republic (22%), Lithuania (18.9%), Estonia (17.3%) and the Netherlands (16.8%). The most moderate increases were...
Real estate investments in Spain - Housing transactions are set to move in a positive direction this year, according to the important players in the sector, although this does depend on various factors, such as the impact of the health situation (which is rising in urgency at the moment), inflation and the shortage of raw materials, which could lead to a rise in property prices. Given this scenario, what...
Germans buying in Spain - The Balearic Islands (34.3%), Canary Islands (23.6%), Valencia (19.7%) capture foreigners' interest in owning a house on the Spanish coasts. Activity in the housing market is recovering faster and faster, following the lifting of most measures restricting people's mobility implemented due to the coronavirus pandemic. One of the points confirming this recovery, in addition to the...
How get a mortgage in Spain? How long does it take? If you're planning on buying property in Spain but you're not a resident, there are many factors that need to be considered. Can a non-resident get a mortgage in Spain? Buying a property in Spain, such as a holiday home, and getting a mortgage in Spain for non-residents can be challenging, but certainly isn't impossible. While some Spanish banks will...
Spain's real estate market - Having a home on the Spanish coast, where sun and beach predominate, continues to be a point of attraction for foreigners looking for a home abroad, specially on Spain's real estate market. Despite the restrictions on movement between countries due to the coronavirus pandemic, the obligation to undergo quarantine on returning to certain countries if you are not fully...
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