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%).

Reforms: Revaluation of a home

Real estate is losing value as time passes, which is a great inconvenience for the owner who wants to sell the house. However, there is the possibility of making reforms so that the property is revalued. And if, with these arrangements, insulation and energy efficiency are improved, the investment ......

Real estate news, Claims rejected mortgages clauses on land.

The bank has rejected 60% of the claims it has received in terms of land clauses in the first quarter of this year, affecting almost half a million claimants (around 463,000 customers with more than 2,000 million). Although the bank has insisted that many of the claims do not ......

The Arrows of Isabel La Católica

In the previous postcard I told you about Gordio's Knot and the two roads before the problems that arise: untie and/or cut. And incidentally brought one of his influences: the reference to this old story about Alexander the Great, on the coat of arms of the Catholic Kings, specifically, the ......

Real estate news, youth rental price

The interest in renting a home for young people has fallen drastically since last year. Among young people aged 18 to 34 there is a decrease of 9 points that goes up to 14 when we talk about young people from 18 to 24. The rise in rental prices is the main problem that makes ......