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If you own property in Spain or live here as a resident, you are going to need an N.I.E. number. In this post we explains what an NIE number is, why you need one, and how to get one, either in or outside of Spain.

...continue reading "NIE number in Spain: Why you need it? How to get?"

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According to the Real Estate Trends Report from the Appraisal Society the average price of houses in Spain experienced an annual average increase of 5.5% in 2018, standing at 1,613 / m2. In the second half of the year, the average price increased by 2.7%.

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You may have heard about a new formula for selling a house and getting extra money in recent years. It is an option designed for seniors. It is called naked property and is a formula that allows owners to sell a home, receive money in return and continue to reside in it for life.

This is also advantageous for buyers since this allows them to acquire a property below the market price. In recent months, the percentage of owners who have opted for naked property has experienced unprecedented growth in Spain. According to data from the Real Estate Experts Network and the Real Estate Training Institute (IFEM), in 2017 the number of naked property operations increased by 150%, but in the first quarter of 2018, the increase was up to 300%, It indicates that more and more people are choosing to join this formula.

...continue reading "Do you know what naked property is in Spain?"

Michael Jackson's Neverland ranch has returned to the low-priced housing market. Its decline has been pronounced as the complaints of sexual abuse against the singer increase.

...continue reading "Famous houses: Neverland, the home of Michael Jackson, loses 70% of its value"

Selling a home is not easy, that's why innovation in real estate marketing strategies is becoming more frequent, one of the many strategies consists of organizing an open house. This is a technique that we know, above all, through the movies. In Spain we are more used to seeing these days of open doors in public buildings, but it is also used for the sale of homes. In this post we will detail what an open house consists of and how to plan an event successfully.

...continue reading "Keys of the open house: What is it? How to organize one?"