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%).

Qualification of real estate collection operations

a) What is meant by qualification of real estate acquisition operations. In the dictionaries of common use we find that the Qualification is the action and the result of qualifying. And To qualify is to attribute to a fact or object a certain value within a scale of measurement. That is, the fact or event ......

Never Complain, by Baltasar Gracián

Aphorism 129 Never complain. «The complaint always brings discredit. More serves as an example of daring to passion than of comfort to compassion. It opens the way to those who hear it for the same, and it is the news of the grievance of the first apology of the second. They give some foot with their complaints of past offenses ......

Real Estate News Real Estate Agents Registration Madrid

Registration will be voluntary and professionals must prove their professional training. On February 13, a communiqué was published confirming that the Government Council has approved the decree creating the Real Estate Registry of the Community of Madrid. The main purpose of this registry is to defend and protect the rights ......

Real estate news rental contracts 5 years

The rental contracts that were formalized during the crisis come out of hibernation in a very different market. Five years ago, Law 4/2013 came into force, approving the new measures to make the rental market more flexible. The law modified several precepts of the LAU, among them ......