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 observed...
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 vaccinated...
House prices on Spain's coasts - The pandemic fails to bring down house prices on the "costas", which are up 0.5%. The house prices on Spain's coasts increased by 0.5% over the last year to 1,751 euros/m2 according to a study published by idealista, the leading real estate marketplace in Spain, Italy and Portugal. The price of coastal homes in the Balearic Islands have risen the most in the last year,...
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