Spain Real Estate News
Choosing when to sell a home can be complex. Many factors influence whether this decision is more or less advantageous. It is about obtaining economic profitability and also preventing the home from stagnating in the market.
...continue reading "Sell a House Now or Wait? When Is a Good Time to Sell Your Home?"
It was a decision that had been expected for some time and has now become a reality. It was the first drop in interest rates by the European Central Bank (ECB) in eight years, a reduction of 25 basis points that will inevitably impact the real estate sector and mortgages.
What experts agree on, however, is that it will not foreseeably mean a sudden change in trend. They suggest that interest rates could continue to fall. However, it would be gradual, and mortgages will not return to values from a few years ago, at least for now. Regarding the real estate market, there will be some adjustments.
Buy a house now or wait some time to see the evolution of the real estate market and interest rates. That's the question that arises for those who are considering purchasing a home. Generally speaking, experts point out that it is a good time to buy, although it also depends on personal circumstances.
...continue reading "Should I Buy a House Now or Wait? Is It a Good Time to Invest in Housing?"
Selling a house for a higher price is a reasonable aspiration. It is possible, but it is not about artificially raising the price but about taking measures to make the property more attractive, achieving greater dissemination and accelerating the process.
...continue reading "10 Tips to Sell a House for a Higher Price"
Last February, the Government approved a line of ICO guarantees for housing worth 2.5 billion euros. The goal is to facilitate access to housing for people who have difficulties in doing so. In this way, the guarantees will cover 20% of the value of the properties for which banks do not offer financing. Three months later, the initiative is already beginning to materialize.
...continue reading "News in ICO Guarantees For Housing: Limits on The Purchase Price and Participating Entities"
Until not long ago, the change of use of a property to housing was almost anecdotal. However, the evolution of the real estate market has made it a possibility that's increasing in the last years. Despite this, this change is not always possible, and when it is, it requires an entire process that must be known.
...continue reading "Change of Use of a Property to Housing: Key Aspects to Consider"
One of the novelties included in the New Housing Law is the possibility of declaring stressed areas and, with it, the limitation of rental prices and the application of a reference index for new contracts.
Despite this, the regulations also include the possibility that owners can increase rental income in stressed areas by up to 10%. They can do so in new contracts. That's not available for large holders.
...continue reading "Rental in Stressed Areas: Reforms that Will Allow a Rise in the Price"
Selling a flat quickly and without losing money is the wish of any owner who lists their home for sale. Even in uncertain times, it's possible to achieve it thanks to some simple but very effective strategies.
...continue reading "Selling a Flat Fast: Effective Tips for a Quick Sale"
It has been barely a year since the approval of the new Housing Law, which, among other measures, establishes limits on rental prices and extraordinary extensions of contracts. The goal was to facilitate access to housing. However, one of the effects it seems to have had is the increase in seasonal rental housing to the detriment of long-term rentals. This effect has been more evident in the stressed areas where supply was insufficient to cover demand.
In fact, seasonal rentals are outside the Housing Law. The Urban Leasing Law and the Civil Code regulate this market in a much more permissive and less concrete way. For this reason, the Government is already studying a regulatory framework for seasonal rentals and, to this end, has created a working group with experts from the sector.
...continue reading "Seasonal Rental Housing: What Should We Expect From the New Regulatory Framework?"
Some doubts regarding the declaration of a property sale may arise when settling accounts with the Treasury. Knowing whether or not the operation is subject to taxation, whether we must declare in the event of losses or how to do so are essential questions we should know and that we will try to resolve below.
...continue reading "How to Declare the Sale of a Home in the 2024 Income Tax Return"