The lack of new build properties and availability of land in prime locations is forcing developers to think up new ways of creating living spaces in Spain, reports Reuters. Spanish construction firm La Casa por el Tejado are transforming otherwise wasted space on top of building and apartment blocks into habitable dwellings by hoisting prefabricated… Read more »
Posts Tagged: Madrid
A property with a pool would be on the top of most homebuyer’s wish list in Spain, and it would seem they are willing to pay over the odds for a property with one.
David and Victoria Beckham have sold their Madrid mansion in a deal making them a £1million in profit. The property, situated in the exclusive Madrid suburb of La Moraleja, was purchased by the Beckham’s in 2005 from a French couple for £3million. They have now taken advantage of the recovering Spanish property market and sold… Read more »
The Spanish real estate market is finally stabilising after 7 years of decline, shows a report published by BBVA. The number of home sales in Spain has risen over the past two years from 25,000 to 30,000, and prices have finally reached the same level as demand.
In January 2015 a new law was passed in Andalucia to help the government regulate the holiday home rental sector. Owners must now register their holiday homes with the Junta if they are going to be renting it out and declare any money earned as part of their income. There are certain points within… Read more »
Madrid’s prestigious Calle Serrano, home to designer boutiques such as Prada, has the highest property prices in the whole of Spain, showed a study by real estate firm TecniTasa. Property prices in the street reached as high as €10,900 per square metre in 2014, a rise of 4% on last year’s figures. The second… Read more »
China’s investment in overseas property rose by 17% in the first six months of 2014 with residential investment surging by 84%, revealed figures from real estate firm Jones Lang LaSalle (JLL). Chinese real estate investments overseas reached $5.4 billion with commercial investments contributing $4 billion.
A large proportion of investors are once again viewing Spain as an attractive place to purchase a property, making it the third most popular country in Europe to invest in after the UK and Germany. This was revealed by the European Investor Intentions Report 2014 published by CBRE which shows that the UK has seen… Read more »