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, Banking assets and investment funds.

The bank will sell more than 150,000 million toxic real estate banking assets in 2018. Real estate investment funds have bought large masses of real estate assets, and the bank has made great offers on its real estate portfolio....

Real estate news Real estate loans have fallen by 9% in the last year, almost 11,000 million euros.

According to the report "Evolution of credit to productive activities in Spain by activity sectors", published by AIS Group (specialist consultant in credit risk management), the portfolio of loans to companies engaged in real estate activities fell more than 10,800 million euros between 2016 and 2017. This fall in credit to this segment means ......

The reference real estate portals in Spain

Given the importance of the Internet today, real estate portals have become a fundamental tool for real estate agencies, as it is an essential opportunity to reach more customers and users of the network. The numbers do not lie: according to Nielsen Online, more than 5 million people came ......

The Art of letting yourself be

On the Art of letting be (to stop doing), Baltasar Gracián indicates to us: Aphorism 138 of Baltasar Gracián (1) - «And more when more common the sea revolts, or the familiar one. There are whirlwinds in human dealings, tempests of will; then it is sanity to retire to the safe harbor of the ford. Many times the evils worsen with ......