Spain Real Estate News
The Spanish real estate market has demonstrated considerable strength. Proof of this is the number of foreign homebuyers, having steadily grown in recent years. In 2024, they accounted for 14.6% of all purchases, according to data from the Association of Property Registry Offices.
...continue reading "Foreign Homebuyers in Spain: a Booming Market"
The real estate market in Spain in 2024 experienced a more than notable rebound, which consolidates the upward trend that, with some exceptions, has been registered for years. Despite the increase in housing prices, the number of transactions and mortgages also increased. Besides that, we'll find other significant changes in the latest annual report of the General Council of Notaries.
...continue reading "More Houses, Bigger and More Expensive: This Was the Real Estate Market in Spain in 2024"
Buying a home is not a decision that allows for mistakes. It doesn't matter if it's your first time buying a home or if you already have some experience; the final decision should not be based only on the first impression. Appraising a home requires preparing some questions and carefully analysing the answers. Only in this way will you avoid unpleasant surprises.
...continue reading "How to Appraise a Home for Sale in Spain: What to Ask to Avoid Surprises"
Deciding between buying a brand-new or a second-hand home is sometimes complicated. Making the right choice depends on preferences, needs and budget. New homes are purchased from developers, while second-hand homes have had one or more owners and are old. That is the starting point, but let's see some other factors we should consider.
...continue reading "Buying a New or a Second-hand Home in Spain: Which Option Is Best for You?"
Divorce and housing are two issues that are sometimes difficult to combine to find a satisfactory solution; even when there is an agreement for one of the parties to keep the house, many factors can complicate the operation.
...continue reading "Divorce and Housing: What To Do If You Want to Buy the Other Half"
Buying VPO (social housing) has some peculiarities beyond the price. This type of property has a different tax regime and mortgage conditions. All this implies greater facilities for acquisition, although it'll be necessary to meet certain requirements.
...continue reading "VPO Housing: Taxes, Mortgages and Necessary Savings"
2025 will see the entry into force of the registry of short-term rentals and the creation of the Digital Window for rentals. The measure responds to European regulation and seeks to create a system for collecting and exchanging this type of rental.
...continue reading "Register of Short-Term Rentals: What Is It and How Does It Work?"
In the last year, housing has been climbing positions. It is now the biggest concern of the Spaniards, according to the barometer of the Center for Sociological Research (CIS). In this scenario, the Government has presented a housing plan that includes a dozen measures to alleviate inequality in the real estate market.
...continue reading "Housing Plan Measures Proposed by the Government in 2025"
The forecast for interest rates in 2025 is undeniably positive for the real estate market. The downward trend that started in 2024 is set to continue, and rates are expected to settle around 2% to 2.25% by the end of the year. This marks a significant decline from the peak of 4.5% reached in September 2023, where rates remained entrenched for several months.
...continue reading "Interest Rates in 2025: What Is Expected to Happen, and How Will It Affect Housing?"
In January 2025, rents will be able to rise by 2.2%. The first rental price update index (IRAV) establishes this percentage. It's one of the premises of the Housing Law that aimed, among others, to regulate rental contracts. The goal is to avoid disproportionate increases in rents.
...continue reading "What Is The IRAV, The Rental Price Index, and How Does It Work?"