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Personal Real Estate Shopper, an essential concept for foreign investors

This term has become a trend for foreigners wishing to purchase homes worldwide. Spain has not been left behind, and even has several companies dedicated to offering these services nationwide.
What is a Real Estate Personal Shopper?
It is a real estate advisor that is dedicated to accompany the buyer or investor in the acquisition of real estate assets, exclusively. They of...

Habitat Inmobiliaria sells its first 97 homes in Los Ahijones, Madrid

The developer began marketing Habitat Parque Ahijones, the first new construction project in the urban development of Los Ahijones. Not only for Habitat, but for all developers. This land is a development located in the southeast of Madrid and consists of 97 two- or three-bedroom homes with terraces.
It belongs to the district of Vicálvaro and is connected to the north and...

CBRE and Banco Santander sign agreement for the decarbonization of the real estate sector

A new business collaboration between CBRE and Banco Santander has been announced. Through this collaboration, the bank's clients will have access to strategic environmental consulting services, design, implementation and financing of projects to improve the energy efficiency of their properties.
This new alliance is expected to advance, streamline and facilitate the energy transit...

Alquiler Seguro sells its first socimi for 14 million and launches a new one

Following the closing of the sale of Quid Pro Quo, its first listed real estate investment company which will now belong to Ktesios for a transaction of fourteen million euros, Alquiler Seguro has launched a new socimi.
The company has released a statement explaining that "the decision to launch a new vehicle is based on the solid results obtained with QPQ in terms of profitabilit...

Premier begins marketing two developments in Catalonia

The Bassac Group developer has launched two new developments in Catalonia: Residencial Calders in Sabadell's Eixample district, and Residencial Voramar in Mataró. These two new developments are now added to its portfolio. Premier currently has a portfolio of 8 developments in commercialization, which translates to 650 homes in Catalonia, where it has more than 34 years of experien...

Government eliminates the six-month extension of rental agreements

The measure, which aimed at the possibility of extending for six months the term of rental contracts to support tenants, had been approved last year. This time it was eliminated from the package of measures to take action in the face of rising prices due to the increase in inflation.
By eliminating this measure, landlords will have less commitment with tenants. The Council of Mini...

Sareb puts land for sale in Madrid for 1,300 housing units

Sareb will offer for sale some land located in the new urban developments of the capital in Los Cerros. The land is 600,000 square meters, which will give rise to 181,000 square meters of buildable land for residential use. The land would be destined for the construction of 1,300 homes in the capital, according to Sareb.
This week will begin the sale process managed by Serviland a...

Momentum invests 20 million in build to rent development in Guadalajara

Construction has begun on the next Las Jaras de Cabanillas development, owned by the Spanish property management company Momentum, in the province of Guadalajara. The development is located in Cabanillas del Campo and will have 87 build-to-rent single-family homes, including private garden, common areas and communal swimming pool.
The construction company in charge is Avintia, and...

Housing prices expected to rise 2% per year by 2023

The valuation and appraisal company Euroval has released new data indicating that housing prices continue to rise at stable rates. On the upside, there is expected to be a 2% annual growth in house prices, which maintains a general upward trend.
In the report of the appraiser Projection of Average Residential Prices 2023-2025, they conclude that housing prices will moderate in the...

Gonzalo Carpintero to be new CEO of Livensa Living

Neil Jones becomes non-executive chairman and Gonzalo Carpintero will be the company's new CEO. Carpintero has operational and international experience in the hotel industry, as well as experience in various senior management positions at Radisson Hotel Group, most recently as Senior Vice President Operations and Head of Business Transformation.
He also spent five years at NH Hote...

Abu Dhabi invests 600 million in the purchase of 17 hotels in Spain

The Abu Dhabi Investment Authority (ADIA) closed the week with one of the most important hotel operations in recent years. The transaction is the most relevant in the hotel segment, even surpassing the amount of some operations recorded in 2018, a year where record highs were made with investments of €4.81 billion. 
It was confirmed that the contract was sealed this week...

Government grants 293.7 million euros to rehabilitate public buildings

Local entities throughout Spain will receive funds for the refurbishment of public buildings. There are 187 local entities that will have this benefit and 55% of the renovations will be carried out in buildings with cultural, sports and educational use.
The benefit has been granted by the Ministry of Transport, Mobility and Urban Agenda (Mitma) in support of NextGeneration funds....

Neinor Homes to invest 229 million in new construction projects in Málaga

Neinor Homes has consolidated its position in Malaga with 1,614 deliveries in the last five years, and will have new construction projects in the future. The developer's Strategic Plan includes the capital of the Costa del Sol as one of the key regions to fulfill its plan with the launch of 446 homes in 2023 and a portfolio of 816 units being marketed.
In the last five years it ha...

The coast of Almeria, Costa del Sol and the Balearic Islands among the most sought-after areas for buying and renting

The coasts have become this summer the most demanded areas to look for a property to buy or rent, and among these the most sought after is the Zapillo Beach on the coast of Almeria. Its average price is 1,966.84 euros per m2. Next is the beach of Torre del Mar in Malaga, with a price of 2,605.44 euros per m2 and the beach of La Victoria in Cadiz, with an average price of 3,024.75 per m2....

Home mortgages fall by 18.3% in April according to the INE

For the month of April, home mortgages fell by 18.3%. The average amount had an annual decrease of 4.1% in the fourth month of this year, which means a drop to 136,945 euros, while the capital loaned fell by 21.6% to 3,704.7 million euros.
The number of loans to acquire housing was 27,053 in the month of April, this is due to the fall of 18.3% since in the same month last year the...

Metrovacesa invests 13.3 million euros in a new 48-home development in La Cala de Mijas

The new Calma Mijas development is a new Metrovacesa development consisting of 48 multi-family homes with 2 and 3 bedrooms with swimming pool and community gym. The developer has inaugurated this development in Cala de Mijas, located on a hill with access to the beach.
Metrovacesa has begun marketing these homes. The design of the units was entrusted by the developer to MAD Arquit...

Acciona Real Estate buys land in Madrid Nuevo Norte and joins other real estate companies in the development

Acciona Inmobiliaria joins the urban development project in Malmea-San Roque-Tres Olivos. The project is now formed and invested by several important real estate companies such as Adif, Aedas Homes and Pryconsa. In addition, several developers are still in negotiations to buy land within the development, which was approved in February by the High Court of Justice of Madrid, giving legal...

The Riberas buy the Palacio del Retiro hotel in Madrid for almost 60 million euros

Jon Riberas, owner of Gestamp, together with his brother Francisco J. Riberas, has decided to invest sixty million euros in the fifty-room luxury hotel, Palacio del Retiro.
It is a wonderful historic palace built in the early twentieth century. The building was declared a national monument and is one of the historic buildings in the center of the city. It is located in front of th...

Nearly 200,000 university students in the search for rent following the end of EBAU

The EBAU period ended and since June 16 the grades of the students in Spain were released. Among the students, more than 200,000 university students changed their Autonomous Community to start their studies.
Many of them do not have family or friends who can host them, so they choose to look for an apartment or room to rent while they pursue their studies. The real estate industry...

Grupo VAPF to open the doors of Villa Tempo, Azure Altea Homes II

Azure Altea Homes II are exclusive luxury villas in Altea, and presents 4 villas of 3 and 4 bedrooms. Among them two are already booked, and they have presented on Monday their new villa, Villa Tempo. The developer-constructor will open the doors of this magnificent property and will celebrate the Open Days in Altea on June 30 and July 1.
The project's villas will have 3 and 4 bed...

Urbas appoints Jaime Polanco as new group vice-president

Jaime Polanco, former senior executive of Prisa, has been linked to Urbas since 2021 acting as an independent director and as part of its Appointments and Remuneration Committee. The Board of Directors of Urbas approved the appointment of Polanco, as informed this Monday by the company to the National Securities Market Commission (CNMV).
With a degree in Economics from the City Un...

What to do in case of squatting in a tourist dwelling as a vacationer or owner

Squatters have always chosen to target tourist or vacation homes, because of the ease with which they gain access to them and usurp them. Especially homes that have been vacant for a long time. This situation can be as overwhelming for the owner of the property, as it is for the user who has rented the property and has found that it is squatted.
The first tip for both the landlord...

Housing production slows down by 1.2% in first quarter

During the first quarter of the year the number of free housing starts was 1.2% less than the same period of the previous year, being a total of 25,847 units. Of the quarter, the month of March is the one with the worst figure since 2016. These data were published by the Ministry of Transport, Mobility and Urban Agenda (Mitma).
In the first quarter of the year, the number of open...