Ten things to consider when buying a home
There’s far more to any property than the sum of its most practical parts; the design, surrounding landscape and climate will all impact on both your quality of life and the re-sale value. In addition to careful examination of the building’s construction, assessing these ten elements should help you make an informed decision when home […]
Prices of luxury homes to rise in Madrid and Barcelona
The prices of high-end homes will increase by 5% in Spain’s largest cities in 2015, but they still fall well below those seen in other main European cities.Madrid and Barcelona are two of the large European cities in which luxury housing is least expensive. Nevertheless, it is clear that high quality properties are going to […]
The price of residential property closes the year 2014 with an increase by 1.3%
According to the Valuation Agency’s latest report, the value of residential property increases for the second consecutive quarter due to secondary real estate market stabilization. It has already reached its bottom. By the end of the year 2014, the average housing price came to 1,326 euros per square meter, 1.3% more than in the fourth […]
What should you know before buying a home?
Purchase of the residential property is the most important investment in lives of the most people. So if you are thinking about buying a property, we can explain the main steps. Preliminary stepsUsually, before preparation of the Deed of Sale, the buyer and the seller sign a private contract. This private document is not obligatory […]
Foreigners buy 90% of luxury apartments in Barcelona
90% of homes in Barcelona with price over one million euros have been acquired by the last three years by investors from other countries. Foreigners have become major buyers of luxury housing in the Catalan capital. 90% of homes with price over a million euros have been acquired by the last three years by investors […]
Getting a mortgage in Spain
Buying residential property in Spain continues to be one of the most attractive investment options both in the short and in the long term, largely due to the favorable conditions of obtaining a mortgage for foreign nationals.Spanish banks offer mortgages to both residents and non-residents of Spain, with some differences in credit terms. Terms of […]
One million Russians have visited Catalonia
The flow of tourists from Russia is growing exponentially every year, and last summer the number reached 750,000 people. Experts predict 25% increase in growth of the “Russian tourism” in 2013, which would correspond to one million visitors from Russia this year. Lately visiting the Catalan coast by Russian citizens became the most striking phenomenon […]
Russia becomes the third country to acquire most apartments in Spain
The government is now considering the issue of granting residence permits to foreigners purchasing real estate for price exceeding 160,000 Euros. This action is aimed at decreasing the huge reserve of unsold houses and apartments, and intended for citizens of non-EU countries. Jaime Garcia-Legaz, Secretary of State for Trade, declared that Russia and China are […]
