News and articles
Reading time:10 min
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An owner of property in Spain pays the local IBI tax every year, at between 0.4% and 1.1% of the cadastral value, and a non-resident also pays a tax on imputed income, even if the flat is not let. On a sale, a foreigner pays 19% on the profit, and the buyer withholds 3% of the price and pays it to the tax authority. The wealth tax applies to net...
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On 18 June 2026 the Bank of Spain published an estimate of the country's housing gap: roughly 750,000 homes accumulated between 2021 and 2025, the difference between new households formed and homes actually built. More than half of that shortfall, 52.5%, sits in just six provinces: Madrid, Barcelona, Alicante, Valencia, Murcia and Malaga. Those...
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The proposal that's unsettled foreign buyers for two years, a 100% surcharge on transfer tax for non-EU, non-resident purchasers, remains a proposal, not law. Prime Minister Pedro Sánchez announced it on 13 January 2025 as part of a 12-point housing package. Since then Congress has held no vote on it, no formal debate and no committee review. The...
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Global Property Guide's first-quarter 2026 figures put Spain's average gross rental yield for apartments at 5.45%. Barcelona came out on top among the cities surveyed, at 7.40%, well above the national average. The logic is simple: yields climb where rental demand is strong and buying in is still relatively affordable. Barcelona ticks both boxes,...
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Spain's National Statistics Institute (INE) published its house price index for the second quarter of 2026 on 7 September: prices rose 12.2% year on year. That's 0.7 percentage points below the first quarter's 12.9%, but it still marks the sixth straight quarter above 12% growth. New and resale homes are moving at different speeds. New-build...
Reading time:7 min
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Since the start of August three separate stories about restrictions on the Spanish housing market have surfaced: Palma has set a requirement of 15 years' residence in the Balearics to qualify for new flats, a Catalan law limiting purchases has received an adverse opinion from a constitutional body, and the state is simultaneously launching a €12.25...
Reading time:5 min
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Anyone renewing a tenancy this summer will see the steepest increase in twenty months. On a rent of €1,000 a month the rise comes to between €25 and €36 — that is €290 to €420 over a year, and up to €600 in Barcelona. What is more, two neighbours with identical flats in the same building will be handed different amounts, and the reason lies neither...
Reading time:3 min
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Spain’s mortgage market keeps gathering pace. On 20 July, the statistics office INE published its figures for May 2026: banks arranged 40,010 home mortgages — 2.3% more than a year earlier. The average loan grew by 11.1% to €173,331. At the same time borrowing got cheaper: the average rate on new home loans dropped to 2.90%. For buyers, this means...
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Investor activity from Russia decreased by 33% in Q2 2024 compared to Q2 2023. What happened? According to information from the Association of Registrars, Russian citizens demonstrated the most significant decline in attraction for foreign investors. French investors rank second in declining activity (-24%), with Ukrainian citizens showing...
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The average price per 1 m2 in the new buildings category was €2,194 in Q2 2024. About the main thing According to the Board of Registrars of Spain, the growth rate of Spanish real estate is on the rise, with prices growing by 2.9% from April to June. Prices in the secondary market, which makes up 80% of transactions, rose by 3.8%, while they only...