Spain Real Estate News
Rent to buy is becoming more popular lately. It makes it easier to take the first step to owning a home without an initial mortgage. However, it's interesting not only for the tenant but also for the property owner.
Here you'll find how this type of agreement works, its pros and cons, and what aspects shall include.
...continue reading "Rent to Buy: How It Works and What You Should Consider"
Nowadays, it is necessary to have some savings to buy a home in Spain. In this way, most banks offer mortgages only for 80% of the property value. Therefore, if we add the inflation and interest rates rise, purchasing a home, especially for the young, gets complicated.
The ICO guarantee for home purchase aims to solve this situation, at least partially. The goal is to obtain financing for 100% of the property price they wish to buy. For that, it'll be necessary to meet some specific requirements.
Managing a holiday home rental requires different strategies than a long-term rental. The change of tenants and the high offer in certain areas make it necessary to implement initiatives to deliver an accommodation that stands out. Only in this way will it be possible to increase bookings and maximize the return.
...continue reading "Managing a Holiday Home Rental: 5 Tips to Maximize the Return on Your Investment"
Selling bare ownership is an increasingly popular transaction in Spain. According to data from the Association of Property Registrars, in 2022, there were 1,657 transactions of this type. This figure represents an increase of 23.7% compared to the previous year.
...continue reading "Selling the Bare Ownership: Pros and Cons of an Increasingly Popular Transaction in Spain"
The concern for sustainability, energy saving and emissions reduction reaches all areas, including the real estate sector. In this scenario, the European Union finalizes a new directive on the energy efficiency of buildings. It plans to introduce significant changes not only in new construction but also in existing homes.
Experts predict essential changes in the real estate market in the coming years, especially regarding the rehabilitation of homes and the revaluation -or not- that properties can experience.