Favourable market conditions continue to provide an opportune moment for investors of Spanish property. Interest rates remain low, and the sector is currently seeing a wide selection of properties to suit every budget, including Properties under 250k and New Developments with attractive payment plans.The Costa del Sol has long been a magnet for seekers of second and holiday homes due to its unique microclimate of over 300 days of sunshine ... [Read More]
Investment in Spanish property market in 2018 reached highest volume in 10 years
Investment in office spaces, hotels and the retail sector in Spain was forecasted to reach 10-year highs by the end of 2018, due to a sustained average home value growth and the reactivation of employment and company creation within the sector.According to BNP Paribas Real Estate's 'At a Glance T4 2018' report, the projections have exceeded expectations. The volume of direct investment in real estate (offices, hotels, retail and ... [Read More]
CBRE Global Investment Partners and Madison International Realty confirm 1 billion dollar investment
Industry leader in customized indirect real estate investment solutions, CBRE Global Investment Partners and Madison International Realty have agreed to invest $1 billion in Spanish property.The portfolio will consist of 6,458 Spanish residential properties, valued at €870 million.The investment forms part of the recapitalisation of a fund managed by Spanish asset manager Azora, who will continue to have a majority stake in the venture ... [Read More]
BBVA report finds growth in Spanish property market to be healthy and sustainable
Reporting on the current state of the residential property market in Spain, BBVA analysts found positive indications that the market is in no danger of the boom-and-bust cycle that happened a decade ago. Average property prices are also expected to rise by around 5 per cent this year, double the figure for 2017.Assessing the sustainability of the current growth in the market is a sensible focus for analysts, given the roller-coaster ride of ... [Read More]
Investment trust Vukile increases Spanish property portfolio to 400m
Following a surge in interest and demand for Spanish investment opportunities, Vukile, a listed real estate investment trust is the latest company to expand its presence in Spain with a 80.6 million euro acquisition of a shopping centre in Torrevieja.The investment follows Vukile's entry to the Spanish retail property market in July last year when it added 11 Spanish retail parks for 193m to its portfolio, and an additional two in December ... [Read More]
