Spain Real Estate News
The real estate market shows signs of a slowdown. Home purchases fell 14.5% year-on-year in June 2023, according to data from the General Council of Notaries. But how does this reality influence housing prices? Knowing the evolution and prospects of the market is essential to make a decision such as buying a home in Spain.
...continue reading "Buying a Home in Spain: How Do We Expect the Market to Behave in the Final Stretch of 2023"
Holiday rentals must meet specific requirements to be comfortable and enjoyable for seasonal renters. Also, we should consider another factor: the growing number of digital nomads and people who travel abroad for work or study and need temporary accommodation. Additionally, we must offer them some extra comforts.
These amenities and small details make a home attractive in the first place. Secondly, providing an unbeatable experience for the tenant will result in good reviews and the best possible promotion.
The first step in the housing search has a name: Internet. Therefore, to reach buyers quickly, the essential step is to put the property on the Internet. However, advertising a property for sale on specialized real estate platforms and portals does not guarantee visibility or good reaching power.
Competition in the real estate market is enormous, and standing out isn't easy. It is possible to go to specialists who do the work for us and take care of the entire sales process, advertising included. But it inevitably comes at a cost we don't always want to bear.
The valuation of a property is an essential process in real estate, which arouses curiosity and, sometimes, concerns in those involved in buying or selling properties in Spain. In formal terms, the valuation is the objective appraisal of the property. It sets the actual value of the property in the market. In some cases, it is mandatory, but in others, it is only of informative interest in a constantly evolving market, such as real estate.
...continue reading "What Should You Know About Property Valuation in Spain?"
After the rise in interest rates to 4.25% and the Euribor at its highest for years, the number of mortgages has decreased in annual rates in Spain, and their average amount too, according to recent data from the INE. But this situation has had another consequence: more and more people are opting for early mortgage repayment to avoid what these increases imply in the monthly instalment of their mortgage loans.
Some analyses ensure that the early repayment of the mortgage has increased by figures close to 50% compared to 2022. However, what savings can it bring?
Finding homes for sale is easy: one click is enough for an Internet search to offer millions of results. But to discover good opportunities, it is necessary to go a little further. Although it requires some effort, there always is a property that meets our expectations and also fits the budget.
...continue reading "The Best Strategies to Find Homes For Sale in Spain at an Affordable Price"Savloir Law Firm: ‘By your side when it matters most, such as when buying a house on the Costa Blanca.’
Have you been dreaming of owning your own house on the Costa Blanca? When you are not a resident and you consider buying property in this paradisiacal area, having the appropriate legal support is crucial to ensure a safe, successful and smooth transaction.
In order to receive valuable advice and expert guidance, we sat down with Joaquín Pons, founding member and lawyer of Savloir Law Firm, a renowned law firm specialised in the legal and tax fields of real estate buying and selling aimed at non-residents. Up and running since 2018 on the Costa Blanca, the firm has offices in Jávea and Dénia. A team of lawyers who strongly believe in the idea that feeling safe is knowing that there are people who want our decisions to have the best outcome and who care for them.
...continue reading "‘Legal advice for non-residents: How to successfully and safely buy a house on the Costa Blanca’, by Savloir Law Firm."
Spain has many idyllic towns along the coast and also lots of inland paradises. These small towns are perfect for unwinding or for working from home surrounded by nature, or even as an investment thinking of holiday rental.
Buying a country house in Spain has the added advantage of enjoying a healthier lifestyle away from the stress and pollution of the cities. Furthermore, in rural areas, housing prices are usually more affordable and less fluctuating. However, before making the decision, it is worth considering some aspects.
Buying a house in Spain implies different procedures and taxes, which means expenses. Knowing all the costs of purchasing a home will be fundamental because they affect the total outlay of acquiring the property.
...continue reading "Costs of Buying a Home in Spain: an Essential Guide for Foreign Buyers"
Selling quickly and with the maximum benefit are the main goals of any owner who lists a property. Location and price are essential elements in achieving this. However, there are always some tips that can help improve your home valuation and don't necessarily imply a significant investment.
...continue reading "How to Improve Your Home Valuation Before Selling It in Spain"