Overview of Key International Real Estate News, 30 April – 6 May
The rental housing market in Spain is contracting, while investment into it is increasing in the Czech Republic. The FIFA World Cup, unexpectedly, has lost some of its former impact, affecting the hotel sector. In Russia, a decline in indicators has also been recorded — this time in construction.
Spain’s rental market has shrunk by 61% since 2020
Over the past five years, around 90% of rental properties have disappeared from the market in Barcelona. In Granada, supply fell by 76%, in Palma by 76%. Significant declines were also recorded in Madrid (-73%) and other locations.
Housing completions in Russia fell by 30% at the beginning of 2026
In Saint Petersburg, housing completions in Q1 2026 dropped more than fivefold (-83.8%). In Krasnodar Krai, volumes fell by 65%, and in the Chelyabinsk region by 62%. Moscow saw a 5.3% increase, while the surrounding region recorded a sharp decline of 44.1%.
Hotels revise expectations for the World Cup
Around 80% of hotels in host cities report occupancy below initial forecasts. In some locations, weaker international demand has led to pricing adjustments and the abandonment of premium rates during the tournament period.
UK house prices rose by 3% in April
This marks the fastest pace of growth in 11 months, with average property prices reaching £278,880 ($380,000). However, March saw a decline in new buyer inquiries and transactions, and sales expectations have turned more pessimistic.
The Czech Republic shifts investment toward rental housing
In Q1 2026, real estate transaction volume in the Czech Republic exceeded €450 million. Rental housing accounted for 31%, hotels for 26%, and offices for 23%. Domestic investors dominated the market, contributing 77% of total investments.
Cyprus real estate demand structure is changing
In 2025, Cyprus recorded 25,600 property transactions, up 4% year-on-year. Total value reached €6.5 billion (+8%). Residential property accounts for about 69% of the market. Limassol saw a 2% decline in transactions, while Nicosia and Larnaca posted growth. The share of foreign buyers increased by 16%.
The International Investment catalogue features properties under international hotel management.