Spain Real Estate News
Exclusive renovated two-story house for sale in Granadilla de Abona, Tenerife. The property has two different entrances, allowing one of the floors to be used as a rental property, thus generating additional income.
...continue reading "House for Sale in Granadilla de Abona, Tenerife"
Buying a house in Spain can be a complicated decision. The variety of options is endless, from large cities to quiet rural areas or from coastal towns to rapidly expanding metropolitan areas.
When choosing, the first criterion for buying a house in Spain will be the purpose of the property: primary residence, second home, or investment. Afterwards, we'll have to consider several other factors.
The chosen property as the house of the week is this spectacular villa for sale in Viana do Bolo, in the Galician province of Ourense. It features a house of approximately 1,000 m². The dwelling belongs to a large plot right at the entrance of the town, surrounded by an incomparable natural setting. It is well connected, close to the highway and the AVE (High-Speed Train) station, making access to the property easy.
Guarantees and rental deposits are two issues that are sometimes confusing and generate many questions among tenants. Knowing what they are, their differences, and how to manage them is essential to avoid disagreements when the rental agreement ends.
...continue reading "Guarantee and Rental Deposit: What Can and Can’t Get Deducted"
Lower interest rates are good news for the real estate market. It has been the sixth time the mortgage rate has been lowered in the last nine months, five consecutive. Rates have thus reached 2.5%, their lowest rate in more than two years. Supporting this, although more moderate, is the Euribor, which in March stood at around 2.43%, 1.28% lower than the same month last year.
...continue reading "Lower Interest Rates: Positive Impact on the Mortgage Market"
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"