Business

According to the Tinsa Imie General and Large Markets index, the price of new and used housing increased by 6.4% year-on-year in February 2023, although it slowed compared to January. The adjustment was greater in the Mediterranean area, with a fall of 0.8% with respect to January. In large cities and metropolitan areas, prices barely changed, with a monthly decline of 0.1%. New and used housing...

Cohabs, the Belgian coliving company, will open its first coliving building in Madrid in the Tetúan district. The building will have sixteen rooms and has been designed in collaboration with the Ruiz-Larrea Arquitectura office. Cohabs is also developing another 38-room project in the Chamberí district. The company is looking for new assets in the Spanish market The Belgian company Cohabs will open its...

The Portuguese government has ended the Golden Visa scheme that grants residency in exchange for investment and has banned new licences for tourist flats, except for rural ones in municipalities in unpopulated areas of the country. Portugal thus becomes the second EU country to suspend this type of visa, after Ireland. The plan approved by the government is aimed at tackling the housing crisis in Portugal,...

The number of mortgages in Spain has been the best since 2010, but suffered a slowdown in December due to the Euribor and rate hikes. Despite this, banks are not reacting immediately to the rate and Euribor hikes, but are gradually adapting their commercial strategy. To find an annual figure for housing loans higher than that of 2022, one has to go back to 2010, when 607,535 mortgages were taken out in...

The Costa del Sol is an ideal location for anyone looking to invest in property. With its temperate climate, beautiful beaches, and vibrant culture, it is easy to see why this region of Spain is an attractive option for those looking to invest. The Costa del Sol has a wide range of properties available, from apartments to villas, and is known for its modern developments. This means that buyers can find...

The Costa del Sol is one of the most desirable locations in Europe for those seeking a luxurious lifestyle in a beautiful setting. Its stunning coastline, with its long stretches of white sand beaches, is a major draw for those seeking a holiday or a second home. But it’s not just the location that makes the Costa del Sol so desirable. One of the major attractions is the stunning views of the...

If you’re looking to sell your property, there are some key best practices to keep in mind. Following these tips will help you maximize your sale price and ensure a smooth process. 1. Hire a Local Spanish Professional Realtor: Hiring a professional realtor is essential to a successful sale. A realtor will be able to provide you with expert advice, help you navigate the paperwork, and market your...