What does the real estate market look like in Spain in 2024?
We've compiled and answered our customers' most frequently asked questions. Here’s an overview:What’s the first step if I find a property I want to buy?There are many listings online and through various agents, but in 2024, you'll quickly see that many properties are either overpriced, poorly located, or of low quality. High demand from Europe has left a mark on the Spanish property market, which is likely to continue. As housing supply hasn’t kept up with demand in recent years, prices have increased. Once you find a suitable property, act quickly to secure it. This is typically done in Spain with a private agreement between buyer and seller outlining transaction...
moreCanary Islands is evaluating various measures to facilitate access to housing for young people
The councilor has emphasized that the goal of the Government of the Canary Islands during this legislative session is to develop new tools that provide young people with more options for independence. So far, existing initiatives have not been sufficient to help Canarians under 35 establish their life projects in their own homes.In this context, housing is not only a basic right but also a fundamental need that allows young people to build their futures, start families, and contribute to the economic and social development of the Canary Islands. It is essential that effective policies are implemented to address the barriers young people face in accessing property.Among the proposals being considered is the revival of the young mortgage initiative, aimed at establishing an additional...
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