According to the data of the General Council of Notaries, the sale of free housing made by foreigners in Spain reaches 20% of the total market of our country. This figure was already recorded during the first half of last year, with more than 43,000 transactions, which represents the largest number of operations registered in ...

20% of the sale of free housing in Spain is carried out by foreigners

20% of the sale of free housing in Spain is carried out by foreigners

According to the data of the General Council of Notaries, the sale of free housing made by foreigners in Spain reaches 20% of the total market of our country .

Already this figure was recorded during the first semester of last year, with more than 43,000 transactions, which represents the largest number of transactions registered in a semester since 2007, marking a new maximum in the historical series. p>

Despite Bréxit, the foreigners with more weight over the total of operations are still the British (21%), followed by the French (9%) and Germans (8%).

On the other hand, the price per square meter was between 1359 and 1850 euros, representing an increase with respect to previous periods and differentiating between resident and non-resident citizens s. The average is 1619 euros/metro2.

In general, the sale by foreigners has increased in the autonomous communities, producing the largest increases in Cantabria, Extremadura and Navarre.

The Autonomous Communities where the operations performed by foreigners had greater weight were: Canary Islands (45%), Illes Balears (41%) and Comunidad Valenciana (36%) and in those less: Extremadura (3%) ), Galicia (4%) and the Basque Country (5%).

The investment in the real estate market in Spain marks a historical record in 2017

The volume of investment in the real estate market in Spain in 2017 amounted to 45% and has exceeded the figures of acquisitions prior to the crisis in the sector. According to the data provided by the real estate consultant JJL, the investment figure reached 13,990 million euros in our country last year, ......

The shortage of supply coupled with the deactivation of new promotions will make Barcelona's park more expensive in an artificial way

June 25, 2018. The mayor of Barcelona faces a judicial battle over the imposition of 30% of protected housing. Businessmen and associations prepare a flood of consultations to the big law firms to legally stop the controversial initiative of Ada Colau. 'We can not sit idly by,' confesses a Catalan promoter. The measure taken ......

Real estate news, housing sale errors.

Some owners wonder why they can not sell their home and, it is not an easy task. It is a procedure to which you have to spend a lot of time and you must have a minimum knowledge. An inexperienced or uninformed seller does not generate confidence in the buyers. In this …...

Spanish and European salary comparison

The average salary in Spain is still far from the average salary in Europe, but our country is in an intermediate position. Although there has been talk of economic recovery, the salary in Spain only increased two tenths in 2017, having increased in Europe by 3.3%. According to the 6th Annual Adecco Monitor on Salaries, a ......