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.
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Tax changes in housing: how it affects the sale and rental of real estate
Law on prevention and fight against tax fraud recently approved in Spain has introduced highly relevant tax changes in housing. These changes can have a direct impact on aspects related to both property sales and rentals. Here you have all the info about it.
...continue reading "Tax changes in housing: how it affects the sale and rental of real estate"Spaniards’ savings in pandemic: tips to avoid long-term losses
2020 has been a tough year at all levels. The world economy, and also the domestic ones, have suffered the consequences of the health crisis. However, the savings of Spaniards in the pandemic have been higher than in the immediately previous months.
...continue reading "Spaniards’ savings in pandemic: tips to avoid long-term losses"Sun Shining on Spanish Property Sales
Property pundits have been concerned that sales of newly built Spanish homes appear to be low, contradicting the notion that a solid recovery is in full swing. In fact all the evidence shows the new developments from Madrid to Alicante, and from Marbella to Mallorca are selling very well.
So why isn’t this translating into official figures? The reason is that home sales won’t be entered into the property register until they are fully built and have habitation certificates, meaning we can take these seemingly low sales figures with a pinch of salt.
On to the wider sales market, which includes second-hand homes, and the latest figures from the National Institute of Statistics show strong growth across key regions including the Costa Blanca, Costa del Sol, Murcia, Balearic Islands, and the cosmopolitan centres of Madrid and Barcelona.
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