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Spanish Real Estate

Spain Immigration Data Released: Chinese Immigrants Rank Third!
Recently, Mr. D. PABLO GOMEZ-TAVIRA, Director of Social Services, Social Integration, and Immigration for the Community of Madrid, Spain, held a press conference for Chinese-language media to present statistical data on Chinese immigrants in Spain. Director PABLO stated that the total number of Chinese immigrants in Spain currently ranks third among all immigrant groups.

Spain's Third Quarter Real Estate Data Tells You: Home Investment Remains Hot!
According to a report from a news agency on September 29, a major real estate information website in Spain has released data indicating that housing prices in Spain have risen again. In September 2017, the price of second-hand homes in Spain increased by 4.8% month-on-month, with an average price of €1,590 per square meter for second-hand homes in the entire third quarter, reflecting a month-on-month increase of 2.3% and a year-on-year increase of 3.7%. Among them, Barcelona and Madrid continue to hold the highest average prices in the second-hand housing market.

Spain Immigration: Rising Housing Prices in Spain, Booming Rental Market
According to a report by El Mundo published on September 5, 2017: In the first quarter of 2017, the price of second-hand residential properties in Spain increased by 8.24% compared to the same period in 2016. The number of second-hand homes that have accumulated in Spain since 2006-2007 has reached a low level. Currently, the two cities with the highest average housing prices in Spain are Barcelona and Madrid. With the recovery of the Spanish economy, the Spanish government has stated that it will continue to stimulate employment through various policies, aiming to reduce the national unemployment rate to below 11.2% by 2020 and further enhance economic development.



