Editorial Team

Benidorm

Benidorm's 'Ensanche Levante' approved: 20 hotels and over 2,000 homes

Two relevant reports were missing, and both reached the City Council last January, favorable to the development proposal of the Benidorm Ensanche Levante Plan, which covers an area of 575,371 m2. This is the most important area that remains to be developed in the Levante area of Benidorm and where it is intended to build more than 2,000 homes and 20 hotels. From now on, another path begins, which may be long, in which the promoters must draft the urbanization and reparcelling project for the sector.
Promotion of Aedas Homes

Aedas: "Tenerife new on-trend residential destination for foreigners"

The developer sold more than 600 homes to international clients last year, 13% more than the year before. Although the Costa del Sol and Levante are the most in-demand areas with the most transactions, Aedas assures that Tenerife South has made its way as a new on-trend residential destination for foreign buyers, after capturing 6.4% of its operations. It is the fifth most prominent location, behind Malaga, Alicante, Valencia and Madrid.
Housing in Pozuelo de Alarcón

Spanish market expects mortgage war to continue and fixed rates to go back to 2%

The movements of some banks to improve the conditions of their fixed-rate mortgage loans have given a twist to the mortgage war. And the trend will increase in the coming months. The luxury real estate company Engel & Völkers assures that the improvement in mortgage offers will give speed to the market, while the economist and consultant Gonzalo Bernardos believes that fixed rates will return to 2% at the end of the year.
Pure Living

How much does it cost to build a luxury villa in Marbella?

Pure Living Properties, an agency specialising in the premium market, has designed a guide analysing all the steps and current costs of the process. According to this study, the price of designing, building and providing technical facilities and furniture for a luxury villa with gardens and pool is currently around €5.1 million.
Four years after the covid, interest in buying or renting in municipalities with less than 5,000 inhabitants declines

Pandemic village living in Spain: four years on

Four years have passed since Covid fully hit our lives and began a long period of lockdowns and limited mobility, which awakened a desire in many Spaniards to leave the city behind and move to live in the countryside. This phenomenon reached its peak in the spring of 2021, when 5.8% of all contact with advertisers on idealista was for properties in towns with less than 5,000 inhabitants.
Marbella house prices

House prices outside Spain's main cities rise below national average

According to the latest idealista report with data from February, the largest year-on-year increases have occurred in Jerez de la Frontera (14.6%), San Cristóbal de la Laguna (12.9%) and Telde (10.3%), while Marbella (€4,526/m2) and the university city of Tenerife (€1,637/m2) are the only places in this study to reach maximum prices.