Spain Real Estate News
On Sunday, June 16, the new mortgage law in Spain entered into force, obliging the entities to assume the expenses of notary, agency and registry, among others. This will save the client an average of between € 500 and € 1000. In this post, we detail everything you need to know about the new mortgage law.
...continue reading "New mortgage law in Spain: changes and novelties"
If you own property in Spain or live here as a resident, you are going to need an N.I.E. number. In this post we explains what an NIE number is, why you need one, and how to get one, either in or outside of Spain.
...continue reading "NIE number in Spain: Why you need it? How to get?"
According to the Real Estate Trends Report from the Appraisal Society the average price of houses in Spain experienced an annual average increase of 5.5% in 2018, standing at 1,613 / m2. In the second half of the year, the average price increased by 2.7%.
...continue reading "The price of the houses in Spain grows 5,5%"
Of course, buying a property will mean at some point in the future that either the property will be sold or that it will be transferred to other family members.
It is very useful to prepare your estate planning regarding your Spanish assets:
...continue reading "Inheritance, Estate Planning and Granting a Will in Spain"
Sooner or later, after several years of complying with mortgage payments, it is time to finish paying it off. This debt ends, either because all the monthly payments have been paid, or because enough capital has been saved to liquidate the loan in advance. The owner of a property must take a series of steps to formally cancel the mortgage. In this post, we detail the steps you have to take in this procedure. ...continue reading "Guide to cancel your mortgage in Spain"
The Brexit transition period agreed in March gives British expatriates and those wishing to move to Spain more time to prepare. This was welcome news, but a small delay like this could slow people down in taking crucial actions that are fairly urgent - the clock is still ticking to get ready in time, particularly where paperwork is involved. ...continue reading "Brexit transition and residency in Spain"
Spain is positioned as the most attractive market to invest in second homes, according to a study prepared by the real estate consultancy Savills and the vacation rental platform Home Away. ...continue reading "Spain is the most attractive market to invest in second homes"
Buying Spanish property for investment purposes is a popular option. But if you do plan to rent out your purchase, what must you do to stay legal? In this post, we outline the requirements. ...continue reading "Renting out property in Spain. What must you do to stay legal?"
The Fair de August in Malaga is one of the most famous Spanish festivals, its scope is international and attracts tourists from all over the world. Every day the fairgrounds witness the passing of more than 550,000 people and the art that wastes this annual event with the southern magic of Spain. If this year you are going to visit this incredible fair, you need to know all the details it contains and, in this way, serve as a guide and tips to enjoy it to the fullest. ...continue reading "Fair of August 2018: Tricks that you should know if you are going to visit the famous fair of Malaga"
The holidays are already here and after a year of work, everybody needs a break to disconnect in places which invite to relax, with nice views and a great beach for go for a walk feeling the sand in your toes. ...continue reading "Time to plan your holidays! The best apartments to rent in the coast of Málaga"