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%).

Real estate news, tourist or traditional rental

Tourist rent is more profitable, but only from 60% occupancy. In recent years, investment in housing has been increased to allocate it to tourist rentals. From the outset, this type of rent seems to report a high profitability. The agreed rental price is usually higher than the traditional rent. ......

The Government proposes an increase in the rental contract from 3 to 5 years

The new Government is considering extending the duration of rental contracts from 3 to 5 years and increasing tax deductions for tenants and owners. In recent months, there are many problems arising from rent in large cities due to high prices and the emergence of tourist rentals. ......

Social security real estate networks.

Beware of accidentally placing confidential information of the agency! You always have to maintain some levels of privacy. Keep in mind that the networks of companies must be public in order to have greater diffusion, so we must be very careful with the information we provide. Also, networks offer privacy options ......

Blog for real estate

A blog is a fundamental tool to strengthen the website, since, unlike it, it is a communication channel. The website offers information, but it is static. A blog is dynamic because you can make periodic publications and maintain a communication with users, who can comment, participate, etc. Contents1 Why ......