Buying in Spain

USA, UK and Spain, favourite destinations for the wealthy to buy property

Where in the world are the wealthy buying homes? Spain has become one of the top choices for high net worth individuals when it comes to buying homes abroad, behind only the United States and the United Kingdom, according to Knight Frank's The Wealth Report. So, where in the world are the wealthy buying homes? We have the details. Spain is closely followed by Australia and France, the other two...

Are house prices dropping in Spain?

What is happening with Spanish property prices? Is it worth investing in property in Spain? We have the details. No one has a crystal ball to know exactly what the price of housing will do in the coming years, especially when totally unexpected events occur, such as the pandemic caused by COVID-19, or even the war in Ukraine. So, what is happening with Spanish property prices? Are house prices dropping...

Foreigners are buying more houses than ever in Spain

Between January and June 2022, 328,208 home sales and purchases were recorded in Spain, levels not seen since 2008. In fact, the 163,909 sales recorded in the second quarter of this year alone are the second best result since the beginning of 2008, behind only the 164,299 recorded in the first quarter of 2022, according to the Real Estate Registry Statistics of the Association of Property Registrars,...

Spain attracts 15.6 billion euros in foreign investment in the first half 2022

Spain received a total of 15.6 billion euros in foreign investment during the first half of the year 2022 (between January and June), which represents an increase of 53.4%, with the Community of Madrid being the region that leads in attracting funds from abroad, with 10,9 billion euros invested, 69.8% of the total. We have all the details of how foreign investment is looking to Spain in 2022. This is...

Foreigners pay record prices to buy property in Spain

Average property prices exceed 2,000 euros/m2, the highest since 2008, while the average price for non-residents is at a record high of 2,480 euros/m2. Foreigners have made a strong comeback in the housing market in Spain and have regained pre-pandemic levels when it comes to both sales and purchases. According to statistics from Spanish notaries, foreigners carried out 63,934 property transactions in...

The demand for second homes in Spain grows by 50% and will continue to grow in 2022

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 dates, the demand for...

Factors boosting luxury housing in Spain, according to the Instituto de Valoraciones

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 and uncertainty, it is to be...

Real estate more attractive than ever: 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 in 2019, before the pandemic broke out...

The price of housing in the EU rises at the fastest pace since 2007, while in Spain it grows by 4.2%

House prices in the European Union (EU) 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 in Cyprus (2.2%), Italy,...

What do real estate investment experts expect for Spain in 2022

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 will real estate investment be like...

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