The average price per square meter of a standard 2nd hand property in Spain is around 1,600€. More than double that figure, at almost 4,000€/m2 are luxury properties. Even if this value has been decreasing over the last few years, the luxury housing market is still in full form. The most common type of luxury […]Continue reading
There are various aspects one should consider before investing in Real Estate. Although it seems to be more profitable to invest in Real Estate than in financial products offered by banks and other financial institutions – buying with the intention of renting out, shows to be as profitable as 7,5% for shops; 6,8% for business […]Continue reading
The Tourism Intervention Plan that has been recently approved by the Consell de Mallorca, with the objective of being a planning instrument that regulates the main economic activity of Mallorca, brings news regarding ratios to distribute the holiday rental places. The main premises are the following: New licenses are limited to 000 during the next […]Continue reading
The average price of luxury properties in this region was around 6,700 euros per square meter in the first semester of the year, what implies an increase of 3% compared to same period last year, according to the last real estate reports published. The tendency has continued upwards, since the 6,500 euros of the first […]Continue reading
Although in the last two years symptoms have already been detected and very positive data has been recorded in the Spanish real estate sector, it is in this year 2018 when the housing sales figures are expected to reach their best data since the end of the economic crisis. The figures expected for this year […]Continue reading
Palma is the Spanish city where real estate investment is most productive, with a price growth of 16 percent in the last quarter of 2017 compared to the same period of 2016. A recent study compares the evolution of prices in Barcelona, Madrid, Palma, Malaga and Valencia and notes that Palma is taking over from […]Continue reading
