Spain Real Estate News
The Housing Law approved in 2023 introduced a significant change: the possibility of regulating the price of rentals in stressed areas. The aim is to facilitate access to housing in those areas where demand is much higher than supply. Almost a year after the publication of the law, the new rental index has already come into force.
...continue reading "New Rental Index: Reference for New Lease Contracts"
Buying a home off-plan means purchasing a property before its construction. Sometimes, long before even the start of the works. Due to the scarcity of new construction, it is a common practice. And it has many advantages, although you have to wait a while to enjoy the house.
...continue reading "Discover The Advantages of Buying a Home Off-Plan"
Buying a rented home is permitted by law and offers some advantages. However, it is a decision one should consider carefully. Some factors can significantly influence the purchasing process and the benefits of the operation.
...continue reading "Key Aspects to Evaluate When Buying a Rented Home"
It is possible to increase the sale value of a house by over 10% with few renovations. And that percentage can be higher if the budget to renovate the home increases. We must not forget that the first impression is essential to awakening a potential buyer's interest. A minute and a half is enough for them to make a decision.
Not all reforms cost the same or have the same effect. The most important thing is to set a budget and analyze what you can do with it. And it's much easier than you sometimes think.
Choosing to rent a home like a holiday rental or a long-term is a common question faced by those who wish to invest in real estate. However, there is not always a clear answer. Different factors determine which of the two options may be more advantageous in certain circumstances.
Carefully analyzing these issues is the only way to find the key to maximizing rental income. These are aspects such as the location, the expenses associated with each type of rental, the legislation or even the level of risk that you wish to assume.
Access to housing is one of the biggest concerns of the moment, especially for the youngest, who see the moment of emancipation delayed or have to venture into a rental market with high prices. In this scenario, the ICO guarantee for mortgages aspires to help thousands of people achieve the dream of buying their first home.
...continue reading "ICO Guarantee for Mortgages: Who Can Access It and What Conditions Are Required"
Purchasing a home involves a high outlay of money and, generally, the need to apply for a mortgage loan. The offer of financial products is broad, but there are also differences between them. Therefore, before taking out a mortgage, it is advisable to analyse each of its clauses.
...continue reading "What to Look Out for When Taking Out a Mortgage: Keys to Getting the Best Deal"
Knowing whether you can sell a rented apartment and how to do it while avoiding conflicts with tenants is a common question among homeowners. Firstly, you need to know there are no problems with carrying out the operation. However, the Ley de Arrendamientos Urbano (Urban Leasing Law) includes some essential aspects one should consider.
...continue reading "Selling a Rented Apartment: Keys to Selling a Home With Tenants"
Access to housing has become one of the major concerns for a good part of the population living in Spain. At this point, the new Housing Law has introduced new features to regulate rental prices. One of these measures is the declaration of stressed areas.
...continue reading "Stressed Rental Areas: What the Housing Law Establishes"
Interest rate forecasts are one of the unknowns in the real estate market. In recent months, the economic situation has changed significantly, with a notable moderation in inflation. For this reason, those considering purchasing a home look towards the future with some optimism. But will the cost of money go down, and with it, the cost of mortgages?
...continue reading "Forecasts on Interest Rates in 2024: When Will Mortgage Payments Become Cheaper"