Monday, September 21, 2020
Home B-Exclusives Germans Still...

Germans Still Look Fondly Towards Spain’s Islands

Almost 112,000 Germans see Spain, and the islands in particular, as their favourite destination for holidays and having a second home. Of those, 25,700 have chosen to live in the Canary Islands.

At the moment, 111,911 Germans reside in Spain. Undoubtedly, the amenable climate, the vast array of beaches, the gastronomy and the wide range of cultural activities that the country offers, make it one of the ideal places to settle down.

According to data collected by the big-data real estate platform Brains RE, the islands are the epicentre of German residential investment in Spain. This is despite the fact that the German Government’s Commissioner for Tourism, Thomas Bareiss, has been hesitant to recommend or rule out that whether Germans should enjoy their holidays in Spain, after the pandemic and its associated lockdown, and now, its partial resurgence.

Read the full article in Spanish

B-Exclusives

How Covid is Affecting House Prices: Map of the Decreases by District

The coronavirus crisis is causing house price decreases of up to 70% in some municipalities in Castilla La-Mancha, the Community of Valencia and Andalucía.

Property Developers Launch Large Urbanisations Post-Pandemic

Between April and August, work began on 996 developments in Spain with the ten largest comprising 1,691 homes. Of those ten, which are located in Madrid, the Basque Country, the Community of Valencia and Andalucía, four are being built by Amenabar.

Fearless Despite the Crisis: Property Developers Start Work on More than 27,000 New Homes Since April

Between April and August, work began on a total of 996 developments and 27,882 homes in Spain, according to data from the real estate big data platform Brains RE, with Amenabar, Habitat and Aedas the most active players.

Madrid Backs Luxury Housing to Curb the “Suburb Effect” of the Pandemic

Moncloa and Chamberí overtake the neighbourhood of Salamanca as the districts with the most expensive new build homes in the capital, whilst in Moratalaz there are no new build homes on the market.

Latest news

The Bank of Spain Warns of an “Incomplete” Recovery in the Real Estate Market

The entity forecasts an increase in investment in housing during the second half of the year associated with the progressive normalisation of the figures for house sales and new build starts.

Urban Land Prices Fall by 15% to Historical Lows

In the second quarter of the year, the average land price stood at 139.6 euros per square metre, down by 15.2% compared to 2019. In this way, it has fallen to the lowest level in the historical series.

Quabit Records Losses of €50 Million to June

The property developer recorded losses amounting to 37 million euros on the value of some land, which exacerbated its losses, despite delivering 410 homes during the first six months of 2020.

Room Mate Opens its First Apartment Building in Málaga

The property comprises nine exclusively-designed standard, superior and duplex apartments in the Be Mate division, including an impressive 114 square metre penthouse.