If there is a golden rule for buy-to-let investors in Spain, it is to always invest in markets where the rental demand is strong and constant: if tenants leave, you can potentially get other tenants within a short period of time. That is why cities are great… and if the population in the city keeps growing, the scenario looks perfect, since the higher demand should push rental prices up.
The buying and selling of housing recovered by some 33.7% in the last month of 2012. The reason for this was the anticipated removal of the tax-deductible from regular housing and the increase of VAT from 4% to 10% on new buildings from 1st January, which allowed for the 2.7% growth in transactions to 366,225 properties for the whole year, according to Notarial Statistics. Despite
Interest in buying luxurious flats in Madrid, by those from countries such as the USA and some Latin American countries, is an increasing trend. The centre of Madrid is suffering from a price revision much less strict than other sectors, with the district of Los Jerónimos leading the demand. The pulse of the luxurious housing market in Madrid is stabilising, reaching the figure
In the third trimester of 2012, the cost of housing in Spain recorded a year-on-year fall of 15.2%, which represents the largest fall amongst all the European Union member countries: these countries also experienced an average decline of 1.9% respectively for the same period in 2011, according to Eurostat data, which has for the first time, published homogenous data regarding the progress