Spain Real Estate News
The latest meeting of the European Central Bank seems to have marked a turning point. After ten consecutive increases in the money price in just over a year, they have decided to freeze it. Interest rates remain at 4.5%, meaning a break for the economy and, obviously, for the real estate sector.
Now, we still have to see what will happen to the reference index. Although the Euribor 2024 forecasts point to a slight reduction rather than containment.
For this week's house, we go to the province of Pontevedra, in Galicia, to show you this beautiful stone house. Specifically, it is in Sanxenxo, a small and cosy city known for its stunning beaches and the beauty of its surroundings. In effect, it is one of the main tourist destinations in Galicia.
...continue reading "Light Filled House with Sea Views For Sale in Sanxenxo, Pontevedra"
Receiving a property as an inheritance requires carrying out some procedures before selling besides those associated with the sales process. We'll have to assess aspects such as legalization, taxes or even agreements with other heirs. Knowing the steps allows you to face the process with confidence.
...continue reading "What to Do If You Receive a Property as an Inheritance and Want to Sell It"
Do not miss the fantastic duplex we have chosen this week. It is in Guindalera, one of the most traditional neighbourhoods in Madrid, known, among other reasons, because the famous Plaza de Toros de Las Ventas is there. Specifically , Guindalera belongs to the district of Salamanca, and it is just in the city centre.
It is a recently renovated home with 402 m², four bedrooms and four bathrooms.
Mortgage subrogation involves a modification of the loan obtained for buying a property. It is a common request to improve its conditions when circumstances allow it. Besides, it is also a usual practice when selling a property with charges.
Although mortgage subrogation is a frequent operation, it is advisable to know all its details to decide if it is a good idea or not to request it. Learn more about mortgage subrogation below.
This week, we have chosen a beautiful villa for sale in the province of Cádiz. Specifically, it is in Alcaidesa, an area between the cities of San Roque and La Línea de la Concepción, known for its high standard of living, beautiful natural environment, beaches and golf courses. In short, it's an ideal place to live.
The house has 249 m², and the plot has a total of 705. It is a detached chalet divided into three floors and has four bedrooms and three bathrooms.
Selling a home with a real estate agency or doing it on your own is the first question when you decide to put a property up for sale. Both possibilities have their advantages and disadvantages. Knowing them will allow you to make the best decision.
However, your choice can also depend on other issues: whether it is necessary to sell the property quickly, knowledge of the buying and selling process or the time available to advertise the home and respond to potential buyers.
Knowing if it's possible to sell a mortgaged house is a common question among homeowners. Firstly, we confirm that, in Spain, it is doable and not too complicated, and there are several ways to achieve it.
We must consider that most mortgages last a minimum of 20 years. Therefore, it is usual to purchase and sell mortgaged properties. Sometimes, it is even easier to sell a home with a mortgage since buyers see it as an opportunity to buy at a lower price.
This week, we have chosen a truly luxury mansion for sale in Altea, in Alicante province. Specifically, it is in the famous residential area Altea Hills, known for its impressive views, magnificent villas and the guarantee of silence and privacy.
Particularly, the property consists of 4 levels, with a total area of 1,648 m² on a plot of 3,084 m². Not a single detail is missing. It even has a hairdressing room!
...continue reading "Fabulous Luxury Villa For Sale in Altea, Alicante"
Talking about the money required to buy a house is much more than talking about the sales price. On the one hand, it is essential to have some savings. On the other hand, you have to consider what the mortgage interest adds up to. Thirdly, any real estate purchase and sale operation involves expenses.
...continue reading "Calculating the Money Needed to Buy a House: Savings, Expenses and Monthly Income"