News and articles
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Barcelona, the capital of Catalonia, is the second largest city in Spain and a favorite destination for millions of tourists seeking relaxation and adventures. With its pristine beaches, vibrant nightlife, unique culture, and fascinating architecture, it's no wonder why many foreigners purchase property in Spain, particularly in Catalonia to live...
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For foreign citizens residing in Spain, the procedure for replacing a driving license depends on the country where it was originally issued. During the first six months, incoming motorists can use their national licenses, after which they need to be replaced. If a person does not have a driving license, they need to pass a test...
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Real estate in Spain is diverse and contributes significantly to the country's economy. Promising properties with high profitability at relatively low costs are concentrated in Madrid and Barcelona. However, the real estate markets of these two major cities each have their unique characteristics. In this article, we will consider the main...
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Transport links in Spain are excellent. Old trams, high-speed trains moving at a speed of more than 300 km/h, metro, buses, and commuter trains run in the country. There are convenient transport interchanges. In this article, we will tell you what types of transport are available in Spain and what is the most convenient way to travel within the...
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Spain is considered one of the safest countries in Europe to both visit and live. In this article, we will talk in detail about crime statistics and safety rules in place in the state. You will also learn what tourists and residents should keep in mind and what recommendations to follow in order to feel as comfortable as possible...
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The amount of investment in residential real estate in Spain in 2022 amounted to little more than €15 billion, which is close to the historical maximum of €16 billion marked in 2019. According to experts, Spanish housing will remain in demand in 2026 both among locals and among foreign buyers. Content: Who buys Spanish...
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The recovery of the real estate sector after the pandemic in Alicante has passed with lightning speed. Sales turned out to be so good that the province became the leader among the provinces of Spain in sales of residential real estate in 2022. About 60,000 transactions were concluded, which was the highest figure since 2007. The main buyers were...
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The Bank of Spain today pays special attention to ensuring that new mortgage loans issued by the country's financial institutions are not provided at too low interest rates, trying to return the demand for credit resources. The central bank is concerned about the potential unprofitability of such practices. The Bank of Spain found that rates on...
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One of the most significant financial investments in a person's life is buying a house. It requires a lot of time, effort, knowledge and, of course, savings. The latter, even with affordable loans, will require many years of accumulation. According to a study by the InfoJobs platform and the real estate price index from the Fotocasa portal, in...
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According to the European Mortgage Federation (EMF), in the first quarter of 2023, Spain became one of the cheapest countries in Europe to open a mortgage loan, along with Portugal and France. The latter is closest to Spain, in the latter the average interest rate on a mortgage loan is at 2.67%, while in France this indicator is at 2.5%. Spain has...
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