The average price of Spanish property rose by 5.6% year-on-year in the second quarter of the year, according to the Index of Prices (IPV) prepared by INE. With this data, prices have been up 13 consecutive quarters since the second quarter of 2014, leaving behind almost six consecutive years of declines since they began to fall in the second quarter… Read more »
Posts Tagged: luxury real estate
Spanish taxes have caught many of you by surprise… We started in 2016 with a surprise: the Community of Madrid and Andalusia wanted to recovered the ITP from the rent, a Spanish tax that had never been charged despite having been contemplated in the law since 1993. We later learned that the Treasury would begin… Read more »
Based on the UN’s sustainable development goals as guideposts, Spain rated number 7 worldwide top 30 country’s list.
International property investment funds continue to see good investment opportunities in Spain, particularly with assets that the banks have. Its main objectives are to achieve double-digit returns in the office market, retail or residential. While now it costs them ‘give everything’ for the purchase of residential land and promote housing, but they see it as… Read more »
Spanish New Construction Permits Increased by 34.8% yoy in February, reaching 5,663 building permits its best reading since October 2011, according to the Ministry of Public Works. This confirms the good start of 2016 on licensing (10,606) with a cumulative growth of 39.2%. To continue with this trend the 60,000 licenses at year end be overcome.
Spanish Property will increase 6% in two years. Spain and Ireland, two of the European countries that suffered most from the bursting of the housing bubble, again see Brick raise prices in the coming years. This is indicated by winter forecasts of the European Commission, which expects a rise in real estate prices of 6.5% until… Read more »
Zagaleta owners to invest 240 million to create other luxury urbanization in Cadiz. The promoters of the most exclusive residential complex in Europe located in Malaga, bought for 40 million euros the company Valderrama.
Marbella Luxury Shopping – Wealth and Marbella go together like Switzerland and watches, but the affluent city has eclipsed all expectations by firmly establishing itself at the heart of the global luxury market.
Housing transactions registered in the College of Property Registrars rose 16.6% in the third quarter up to 92,786 operations. In the last year 348,388 homes were sold. The price rose 6.6% year between July and September. The resale housing has been, again, has pulled the purchases (74,769) in the third quarter, with a quarterly rise of… Read more »
The average price of second hand housing in Spain in July stood at € 1,643 / m2 and registered a monthly increase of 0.5%, according to Rightmove. As for the quarterly change in July, housing prices increased by 0.4% compared to March 2015.
Commercial Euro zone banks eased lending criteria on Spanish property and to businesses, according to the survey for the second quarter made by European Central Bank (ECB).
This figure is mainly because, as stated by 32% of the insured, the bank forces loaners to have insurance. In addition, the average premium is at 250 euros, according to an analysis of Rastreator.com.