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%).

Top Mobile Apps to search floor

As with other sectors, the real estate sector has also had to adapt to the Internet era and what better way to turn to mobile applications to promote and display their products. Nowadays, a large part of the population uses the mobile phone to perform most searches, all ......

The Community of Madrid has announced important tax reductions

The Madrid government recently announced a reduction of income tax and other taxes The Government will lower the IRPF of Madrid from 19% to 18.5% and in the case of low incomes the decrease will be more noticeable: the minimum rate will be at 9%, with what will be the lowest in the whole country. As well …...

The Euribor closes 2017 with a new historical minimum

As we have already mentioned in previous news, the year 2016 stood out as the period in which the 12-month Euribor entered negative territory, which is why fixed-rate mortgages began to take center stage. This negative trend continued and we saw how in 2017 the Euribor reached minimums ......

Real estate news. title =

They advise to recover deductions for landlords deleted in the 2015 Tax Reform, currently in force, and greater legal protection. The APEI alerts that the situation of the rental of habitual residence has worsened in the last 12 months and extends to all the capitals. July 2018.- The Professional Association of Real Estate Experts (APEI), ......