Real estate forecast Spain

Summer real estate forecast Spain: home purchases by foreigners and slight price increases

A busy quarter is approaching for real estate sector. In the run-up to summer, those looking buy usually close their transactions. Experts give their forecasts for the next quarter, among which are a shortage of housing, which will mean that demand and prices do not fall and may even continue to increase, and purchases made by foreigners will continue to rise from 21.4%, which was already established during the first half of 2023.
Negative impact on the sector, but with very limited damage: luxury speaks of the end of the Golden Visa

The end of Golden Visas in Spain to have limited impact, experts say

The Council of Ministers approved removing golden visas for foreigners investing over €500,000 in housing, just one day after the President Pedro Sánchez, announced the decision. idealista/news speaks with Spain's main luxury real estate agents to see what they think. They believe that, although it is a blow for the sector, since it removes an appealing option in some cases, they expect limited damage, since most foreign investors do not invest in Spain to obtain a residence permit. Furthermore, only 0.1% and 0.5% of homes sold to foreigners from 2016 to 2023 received golden visas.
The President of the Government, Pedro Sánchez, this Monday in Dos Hermanas (Seville).

Spanish Government to end 'Golden Visas' for investing in housing

The President of the Government, Pedro Sánchez, has announced that the next Council of Ministers this Tuesday will address removing the Golden Visa for foreigners who invest more than €500,000 in properties. During an event on housing in Dos Hermanas (Seville), Pedro Sánchez explained that the Coun
Alicante, Spain

Foreigners and their thirst for Spanish properties

Foreign homebuyers in Spain are at an all-time high (15%), according to the Yearbook of Property Registrars, and barely 1.7% lower than 2022 sales records, with just over 87,300. The British (9.5%), Germans (7.3%) and French (6.7%) are once again the main foreign homebuyers.
Auctions in Spain

Cheap property for sale at auction in Spain

Property auctions in Spain can be an exciting and potentially lucrative way to purchase real estate. Buying property at auction allows you to get your hands on a house in Spain for considerably less than the market value.
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.
Cottage

5 things to consider when buying and renovating a farmhouse in Spain

This article recommends 5 things you should keep in mind when renovating a farmhouse. Fundamentally, look at the property's condition and rescue all the original elements you can. First of all, it's important not to throw anything away, as the best thing about farmhouses is their rustic essence, and you'll find somewhere to put the elements.
A stretch of Canary Islands shoreline

The Canaries and the Balearics, the happiest best-valued regions to buy

When buying a home, many factors are considered before deciding on a location, but generally quality of life and weather conditions are valued. In this sense, the Canary Islands would be the best-valued in Spain, followed by the Balearic Islands, according to the Spain Happy Index, prepared by Sonneil, the Spanish technology marketer specialising in second-hand home sales.
Real estate auctions Spain

How do property auctions work in Spain and what do I need to know?

House auctions are a great opportunity to buy a property for less than its market value, with savings of up to 50% in some cases. Although once dominated by investors, more and more people are looking for a more affordable alternative in a market that continues to rise.
Cheap property in Spain

The cheapest towns in Spain to buy a home in 2024

In Spain's complex cultural and geographical mosaic, finding the cheapest towns is an interesting topic for those looking to reduce expenses or longing for a quiet and authentic life. This analysis not only reveals affordable options but highlights the wealth of opportunities these locations o
Profile of foreigners who request mortgages in Spain

Foreigners applying for mortgages in Spain earn €6,000 and search for houses that are 20% more expensive

Every year, tens of thousands of foreigners decide to buy a home in Spain, regardless of whether or not they need to take out a mortgage. According to idealista/hipotecas, the profile requesting financing to buy a property in 2023 is a foreigner with an average income of almost €6,000 per month looking to buy a house for around €213,000 – 20% higher than the national average.
Fair price of a home

How to know if a home is being sold at a fair price in Spain

Buying or selling a home is one of life's milestones, as it requires a major investment and many hopes and dreams are poured into it. However, a great deal of stress is also involved. Preparation is needed for everything to run smoothly and for the transaction to be successful.
Kyabin

Prefab homes manufactured in 30 days in Guadalajara, Spain

In 2024, a 20% growth in modular home manufacturing is expected, and forecasts indicate that by 2030, 40% of new homes in Spain will be prefabs. In this context, Kyabin was born, a 36-m2 modular house built in just 30 days and installed in one, powered by American Building System (ABS) and produced in its factory in Azuqueca de Henares, Spain.
Only 45% of homes for sale allow the installation of electric chargers

Only 45% of homes in Spain can install an electric vehicle charger

The challenge of electric mobility finds an obstacle in the impossibility of many households to install an electric charger for their vehicle in a space on their property. More than half of the homes in Spain (55%) do not have a private parking space where they can install an EV charging system, according to an idealista study. The provinces of Malaga and Pontevedra (both with more than 60%) have the biggest residential park with a garage for EV charging points, while Madrid (40%) and Barcelona (30%) remain below the national average.
8 tips on buying rural property in Spain

8 tips on buying rural property in Spain

I feel compelled to preface this article by stressing that buying rural property in Spain has associated higher legal risks as opposed to buying urban property; specifically when it comes to buying a dwelling.
Discounted properties for sale in Spain

Discounted properties for sale in Spain

Despite the challenges posed by the cost of living crisis, escalating house prices, and inflation, the Spanish property market still presents significant opportunities for finding affordable homes for sale.