News and articles
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People who decide to buy real estate in Spain, as a rule, have questions about how to conclude a deal and own foreign real estate. Below are detailed answers to the most common questions. Content: What taxes do I have to pay when buying a property in Spain? Do I need a NIE to buy a property in Spain? How long does it take to buy a property in...
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The term “house flipping” came to the international real estate market directly from the United States. It refers to the practice of purchasing real estate for the sole purpose of reselling it for a higher price after a preliminary renovation. So it’s not just about exploiting the market’s fluctuations, but also about adding real value to a current...
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Galicia is a promising real estate market, drawing the attention of both investors and wealthy buyers from throughout Spain and from abroad. The following is a short list of the most expensive districts, with the best real estate, in the autonomous community of Galicia. A Coruña: Old City Old Town of A Coruña is the unchanging leader of any...
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The increase in the Euribor (the Euro Interbank Offered Rate) rate has not yet influenced the local real estate markets, including the market in Murcia. The economic performance of the housing market in the Autonomous Community of Murcia shows that it is coping well with the current crisis. Due to a severe lack of available land for new...
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In the global property market, real estate in Spain is becoming an increasingly appealing investment. Spanish homes and apartments are a great choice for both investors and end-users, as the nation's economy continues to expand quickly despite the COVID-19 pandemic and the impacts of the 2008 financial crisis. The new initiatives being launched in...
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It has long been no secret that for the majority of Spaniards, buying real estate is an almost unattainable goal if you strive for it relying on your own strength. Back in August 2022, the Spanish bank BBVA warned that the precarious situation of the young Spanish population prevents them from accumulating sufficient capital to purchase housing,...
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House prices in Spain are growing everywhere, but at different rates, which leads to an increase in the gap between the most expensive and the cheapest regions of the country, according to Caixabank. In the first quarter of 2022, San Sebastian (Gipuzkoa) became the city with the most expensive price of residential real estate in Spain. The square...
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The real estate market in Castile and Leone is preparing for a crisis by adjusting the prices of secondary market housing. Most of them are already 30% cheaper than in 2008, at the peak of the «boom» in the sector. The region cools the market before the active phase of crises, so that the fall does not turn out to be fatal. According to the report...
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In 2022, the Principality of Andorra is experiencing a real «boom» in the real estate market. The increase in the number of buyers, local and foreign, forces construction companies to launch new projects that attract even more people, including investors, looping the situation. The described trend, which began after the end of the acute phase of...
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One of the most important expenses in a person's life is buying their own house. Along with buying a car, this is one of the most demanding financial decisions that a layman can take to prepare and plan. In the last few years, a huge number of Spaniards have taken care of buying their own homes, largely due to the large savings accumulated during...
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