According to the Experts, What Will the Decrease in House Prices Look Like?
The experts forecast that second-hand house prices will decrease by up to 6%, spurred by an increase in unemployment and in the supply of inherited properties.
Investors Postpone 70% of the Operations Underway Due to Covid
Investment is expected to fall by 30% to €9 billion this year; and 70% of real estate operations have already been canceled due to the impact of Covid-19.
Lazora Denies Barcelona City Council’s Accusations and Denounces it for “Harassment”
Lazora denies breaking the laws established by Barcelona City Council and accuses the Administration of an "unfair smear and harassment campaign" against the company.
Madrid Offers Discounts on IBI and IAE Payments for More than 109,000 Properties
Up to 109,106 properties in Madrid, above all those located in the Central District, could qualify for a 25% discount on their IBI and IAE payments. The City Council of the Spanish capital has approved the initiative to mitigate the effects of the coronavirus crisis.
