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TRUMP CALLS MERCADONA A CULTURAL PHENOMENON
The United States Department of Agriculture describes Mercadona as a cultural phenomenon in Spain. The chain dominates the market and shapes the daily lives of millions of residents. In 2024 it reached sales of 34 point 5 billion...
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REAL ESTATE BUBBLE
The Bank of Spain notes that there are some signs of a housing bubble, but the situation is far from comparable to 2007. Housing prices remain about 20% below their pre-crisis peak, and current increases are mainly due to limited...
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CEMENT CONSUMPTION SPAIN
According to Oficemen, cement consumption rose by 18.5% in October 2025 to nearly 1.7 million tonnes. Year-to-date growth stands at 10.9%, reflecting a strong recovery in construction activity. Over the last twelve months,...
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DUE DILIGENCE
Due Diligence in the sale of real estate in Spain is the process of thorough investigation and verification conducted by a buyer (or their lawyer) before the purchase is finalized. The goal is to examine all legal, financial,...
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SECOND OCCUPACION LICENCE
LSO The second occupancy license is a municipal document confirming that a property is still suitable for living. It is required for property sales rentals after major renovations or when the previous license is no longer valid....
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