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Showing posts from October, 2022

The price of used properties increased by 1% in February and by 8% last year.

  The cost of used properties in Spain grew by 1% in February, an average of 1,613 euros/m2 or 150 euros/ft, according to the latest idealista property price index. Comparing this with the figures of February 2017 (1,497 euro/m2 or 139 euro/sq ft), we see an annual growth of 7.7%.  qatar properties Self-government Communities  The price only fell in Navarre, where salesmen demanded 0.7 percent lower than in January, and 0.3 percent in Asturias. The other autonomous communities requested more from property owners. The Balearic Islands saw the biggest increase of 3.1%, followed by Madrid (1.5%) and Castile-La Mancha (1.4 percent ). Madrid is the most costly autonomous community (2,613 euro/m2 or 243 euro/sq ft). The Balearic Islands (2.573 euro/m2 or 239 euro/sq ft) and the Basque Country (2.524 euro/m2 or 234 euro/sq ft) were closely followed. On the other end of the scale we can find the most economic autonomous communities of Castilla La Mancha (927 euros/m2 or 86 ...

What if you do not have a building permit and renovate your home

There is a famous phrase, "ignorance of the law is no excuse." Building is subject to the law. There are a number of national, Community and local rules and regulations that need to be observed to avoid creating problems later. Each municipality in Spain decides which DIY projects require a building license and are exempt. "We face a fine or sanction if we are caught in the renovation work without prior consent. What the sanction is depends on the seriousness of the renovations and what it is," says Atrezo Arquitectos' Pablo García.  sale qatar "In the Madrid case," he added, "Land Law 9/2001 establishes a serious hierarchy of sanctions, between the very serious and the minor. If we do some non-authorized or non-licensed work, then we will have committed a serious offence, which could be fined between EUR 30,000 and EUR 600,000. It's not a laugh. Moreover, we can commit new violations if we do not appear in the good books of the authorities an...

Property sales are beginning strongly in 2018: In the past ten years, January saw the best figures

Operations and transactions in the property market have been record high for 10 years Property purchases began with record figures in the year. In January, 47,289 transactions were recorded, the highest figure since May 2008 and 23.1 percent annually, according to data from the Spanish National Statistical Institute (INE). Again, the sale of second-hand properties takes on most weight, reaching its highest figure since the boom years in the first month of 2018.  for sale Following the closing 2017 with over half a million property sales, a figure unknown since 2008, January 2018 kept up the residential sector's rising trend and normalization following the worst crisis. 47,289 operations were closed in the first month of the year, an interannual increase of 23.1% according to the National Institute of Statistics (INE). This total turnover is the best monthly figure since May 2008. (49,647). According to property type, transactions on second-hand homes accounted for 82.5% of all tran...

Week property: a spectacular Marbella mansion!

  The Golden Mile of Marbella is a definition of luxury and this amazing mansion with sea views is a unique property to be missed in one of the most wanted areas of the Golden Mile. This impressive mansion, close to all amenities and local services, has been completely renovated with high quality materials and has been exquisitely finished.  doha house The property has a constructed area of 2,292m2 and is located on a very large 10,124m2 lot. The manor overlooks the magnificent, spacious garden with beautiful plants and wide areas of both the palm trees and the cyprus, not to mention the idyllic heated outdoor swimming pool and neighboring pool house. An impressive courtyard with a well leads to the residence's main entrance. The ground floor contains a large lobby, a large living room, 2 additional lounges, 2 kitchens with fireplaces, a professional steel kitchen and a veranda with garden access. A games room, a studio and a guest toilet are also available. Upstairs the...

Before moving to Spain, things to know!

  According to the latest figures from the Spanish Government, the expat community in Spain comprises 5.6 million foreigners. With everything Spain has to offer, from the warm climate to the relaxed way of life, this number will increase, and after the coronaviral pandemic around the world, life is more attractive than ever in Spain. If you want to move to Spain as an expat, you need to know something important before you move: it's not always the sun, sand, and sangria.   housing Learn Spanish before you move Get ready for much bureaucracy Nothing happens in August The Spanish calendar Living costs in Spain Know how to rent apartments or purchase a property in Spain. Opening a Spanish bank account The Spanish The Spanish Siesta Myth Learn Spanish before you move Moving to a new country means embracing a new culture and a new language. Even if you are planning to move to a region where many expats from your home country already live, there's still a ...

Should you buy an off-plan property in Spain!

  In the current state of the property market, including some instability following a coronavirus pandemic in Spain, people are looking for cheaper ways to buy an apartment or house in Spain, particularly new buildings with wider surfaces and open space. One way to reduce costs is to buy a non-proprietary property, which is estimated on average 15% cheaper than to buy a used, second-hand home.  qatar properties for sale What does the property off-plan mean? How does it work to purchase the plan? Things to remember before you purchase off-plan   What does the property off-plan mean? An off-plan property is simply a building not yet constructed, which means that potential buyers make their decision only by looking at a property's designs. How does it work to buy the plan? A particularly popular option among real estate investors and speculators is to buy off plans in Spain before the work has started but after the construction plans are drafted and the desig...

Madrid's most expensive streets in 2021!

  Madrid is becoming an Immobilien Oasis in Spain and Europe, where rates in the residential sector remain relatively stable and transactions are returning to growth after the coronavirus crisis. This is based on the new market report by the luxurious Engel & Völkers group. The German company's projections point to "a 20% rise in revenue and price stabilization, while Madrid's recovery rate will be asymmetrical by region and property type." So, what are the most expensive streets in Madrid, according to the survey, in 2021? Let's find out. Let's find out . Properties in Qatar for sale In 2021 the number of transactions has increased and the market for luxury property searchers in Madrid has increased. 'The sales of second-hand homes in Madrid have been resumed more quickly than anticipated, with transactions expected to continue the and prices sustained,' says Engel & Völkers Madrid's Sales Director Sonia Catalán. Luxurious housing dema...

The ban on mortgages COVID-19 comes to an end in Spain!

  One of the interventions imposed in the worst coronavirus crisis by the Spanish Government was the mortgage moratorium on homeowners whose income was directly damaged as a consequence of the pandemic. After being extended several times, the COVID-19 mortgage moratorium in Spain eventually ended, so no new applications will be approved. As of 30 March 2021, persons affected financially by the coronavirus crisis can not apply for the deferment of mortgages or loan payments to the bank anymore.  pearl apartments According to the latest figures from the Banco de España, 222,256 statutory moratoria (those promoted by the government) of the total applications submitted were granted until the end of February, amounting to an outstanding balance of nearly EUR 20 billion. Note that the expenses will be covered until the end of the negotiated term if you already take advantage of a mortgage moratorium. However, if your mortgage moratorium was accepted before the first alarm, it wo...

Where foreigners purchase or rent property during the pandemic in Spain!

  The COVID-19 pandemic has various impacts on the property market in Spain. The consequences differ according to region of the world, while changes have also been observed in the supply and demand of properties. But what has influenced foreign demand in Spain since the COVID-19 pandemic? Where do foreigners wish to purchase or rent property during the pandemic in Spain? Let's find out with data from Spain's latest idealist/data annual report for 2020.  real estate companies in qatar Spain's international property market in 2020 Spain's most appealing places for foreigners International interest in Spanish cities property Spanish property international demand in 2020 According to figures from Idealista in 2020, 9.5% of those in Spain seeking to purchase or rent property are foreigners. Although searching for housing in Spain is becoming harder for foreign buyers during the pandemic, the UK, Germany and France are leading the ranking of countries that look for ...