Real Estate News in Spain

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  The rules for obtaining "Schengen" may change this year

  22.04.19

  For a number of countries, the cost of a visa for short-term entry into the Schengen countries will be increased to € 80. This change does not apply to the Russian Federation and some other countries. The representative of the European Commission said that according to the new rules, the conditions for obtaining "Schengen" for persons "with a... Read more
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  Houses on the roofs as the solution of the lack of construction land problem in Spain

  16.04.19

  The lack of land for construction is a serious problem in the large cities and resort areas in Spain. According to Idealista, the government got interested in the idea of the Danish architect Sigurd Larsen as a possible solution of the problem. His idea is to build wooden units using a modular system installed on the rooftop of already existing... Read more
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  Europe’s first intelligent city to be constructed in Spain

  15.04.19

  The first intelligent city in Europe is set to open in Spain in 2023. This sustainable project called Elysium City will be built from scratch and powered by solar energy. Designed as a residential and tourist destination, the city will offer its residents and tourists its own high-speed train station, Disney-style theme park, a 40,000-seat football... Read more
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  4G technology will cover all metro lines in Madrid by 2020

  08.04.19

  It was announced that the Madrid Metro authorities had signed an agreement with the main mobile phone companies according to which 4G networks will become available across all the metro stations. The local authorities will invest €16 million in this project.  The first stage of the project will have been completed by May 2019 and will... Read more
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  Housing in Spain increased in price by 8.2%

  01.04.19

  In 2018, the highest growth rate of property prices for the last decade was observed in Spain. The property prices jumped by 8.2% comparing with the 2017 figures. The positive growth trend has been observed in the Spanish real estate market since 2014. The today’s property prices have grown by 30% if to compare with the lowest crisis prices... Read more
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  Madrid is the third top city in the world with the highest demand for luxury properties

  26.03.19

  Madrid has been named the third most attractive city for large international real estate investors this year. It has already been ranked the third top city popular among millionaires, following the Portuguese cities of Lisbon and Porto. 'The Spanish capital will become the main destination for luxury property buyers and investors in 2019,' says the... Read more
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  60 premium projects to be built in Malaga

  25.03.19

  In Estepona (Malaga), 60 new luxury housing projects are being constructed. There are also 200 already completed projects waiting for new owners. These new projects are a part of the development program of the town located in 25 km from Marbella, the main Costa del Sol resort. Today, Estepona is the second town in terms of construction permits... Read more
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  Big changes in the Spanish rental law in 2019

  18.03.19

  The Spanish Official State Gazette published the new Decree Law 7/2019 on urgent measures in residential and leasing properties on the 5th March (Real Decreto-ley 7/2019, de 1 de marzo, de medidas urgentes en materia de vivienda y alquiler). The new measures are intended to improve a rather complicated rental situation in the country. The main... Read more
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  Barcelona is Golden Visa leader

  11.03.19

  Barcelona has become the leader in the number of issued Golden Visas. Foreigners invested €1.38 billion in Barcelona's real estate which is 42% of all foreign investments. The second place is occupied by Madrid. Foreign residents purchased properties worth €490 million in Madrid with getting a residence permit. This is 14.9% of all... Read more
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  Candidate for Mayor of Barcelona offers to create an artificial island off the coast of the city

  04.03.19

  Karl Jacobi, a German businessman and one of the candidates for Mayor of Barcelona, has made a proposal to create an artificial island near the Barcelona coastline. The island is expected to help solve the problem of lack of housing in Barcelona. Karl Jacobi says that 300,000 housing units can be created on the island. One of the examples of such... Read more