Spain Real Estate News
The 2023 Income Campaign has already begun, and it has done so with some new features. The tax changes in housing introduced this year may provide a small break for property owners. It is fundamental to know them, but also mind that not all of them apply to the income statement due before July 1.
...continue reading "Tax Changes in The Income Tax Return Relating to Housing"
When buying a home, the first step is signing a deposit. It is a document by which the buyer and seller agree to continue the real estate transaction and by which the buyer pays an amount as a guarantee. Cancelling the deposit agreement is possible only in some cases, and the decision entails a series of nuances we recommend to know.
...continue reading "Cancel The Purchase Deposit: When Is It Possible and What To Do in The Event of a Breach"
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"