Spain suffered a seismic shock in October last year when Catalans voted for independence. Much like Brexit, it was a bitter and divisive referendum, with added violence on the streets. The repercussions were swift. Madrid, which had declared the referendum illegal, dismissed the Catalan government and imposed central rule. “The real-estate consequences were immediate,” said […]
Interest in real estate is creating a fallacy that the economy is growing and life is easy. The trend has now been for someone to buy a small parcel of land in the sun-scorched and dusty bush areas that ‘have potential to grow’ and wait for three or so years for the parcel to ‘appreciate’ […]
There are already signs that Spain’s residential property market is recovering and now a new report shows that its commercial markets are also growing.International real estate advisor Savills is predicting CBD office yields in Madrid will move from 5% to 4% and 4.5% for super prime properties, as a lack of good quality stock puts […]
