On January 1st, the new reference for the cadastral value came into force. This value serves as the basis when calculating some of the taxes we pay when purchasing or inheriting a property: Tax on Patrimonial Transmissions and Documented Legal Actions and Inheritance and Donations Tax....continue reading "The New Reference for the Cadastral Value in Spain: What it Consists of and What this Modification Implies"
Alicante is a little paradise on the Spanish Mediterranean coast. A warm climate and beautiful beaches make the city a fabulous place to create a home, enjoy a second home or buy to let.
Besides, it is possible to find apartments in Alicante for less than 200,000 euros, making it worth it to seek a good opportunity. Here you have a small selection.
Buying a home is one of the most important investments you will make throughout your life. If you intend to look for a new home or second residence in the coming months, it is essential that you first do some accounting and establish a budget.
When making these accounts, you must assess aspects that go far beyond the property price. And, most importantly, you have to be realistic with your possibilities. What influences when preparing a budget to buy a home?...continue reading "Calculate your Budget to Buy a Home in 2022: How Much Can you Spend?"
The evolution of home sales in Spain has provided positive figures in 2021. According to the latest data published by the National Institute of Statistics (INE), in October 2021, the number of operations exceeded 46,200, 22.2% more in the interannual rate....continue reading "Planning the Purchase of a Property in 2022: Forecasts in the Housing Market"
Redeeming the mortgage means advancing the payment of the property's mortgage loan. This payment in advance can be total or partial, and in the latter case, it is possible to reduce the instalment or the deadlines. The best time and way to do it not only depends on liquidity. It is essential to consider some aspects before deciding....continue reading "Redeem the Mortgage: When is it Convenient?"