News and articles, page 69

In any real estate transaction, the buyer must know the property conditions, its market value, any legal parts of the transaction, and the ins and outs of the taxation system. But, not all buyers have enough experience and knowledge. To avoid unpleasant surprises and unexpected expenses, many people do an inspection before buying a home in Spain. In this article, we’ll tell you how to expertise a property before buying a home, what its advantages are, how to choose an agency to do an audit, and what these inspection costs can...

The valuation company Euroval has published a report called «Minimum and maximum housing prices», which confirms that housing prices in Spain continue to show a noticeable territorial spread, regardless of whether the cheapest and most expensive house prices are considered in the purchase and sale market. According to the appraiser, the average price of the most affordable houses that can be found on the market is EUR 59,560 in Spain, while the highest range of houses for sale reaches about EUR 315,000 in the country. In fact, from...

How much does it cost to rent a house in Spain? For a typical house with an area of 90 square meters, the price of which is EUR 169,020, and the average monthly rent is EUR 898, the owner received EUR 10,776 per year, which gave a yield of 6.38% from renting out the asset at the end of 2021, according to the data of Ріѕоѕ.сом. That is, it is the annual income that the owner of the property received by renting it out after the acquisition. But where are the most profitable houses to buy and rent? ...

Cohousing or cohabitation in Spanish is a way of living in which spaces such as a kitchen or recreation areas are shared by the residents of the house, although each person has their own personal space or home. In its Public Housing Plan for 2022-2025, the Government has included a special assistance program for this type of joint and cooperative housing in the expectation that the supply of this type of housing will grow in the coming years. According to a royal decree published in State Gazette, the government understands that in...

Spain is undergoing significant transformations in the real estate sector, where there is a period of rising housing prices. The cost of second homes on the market in 2021 on average in Spain increased by 2.8%. This growth looks like it will last for many more years. While on the other hand, the cost of renting housing in 2021 decreased by 3.6%. Moreover, growth was observed in large metropolitan areas, with the exception of Madrid, Bilbao and Seville. The most expensive Spanish municipalities ...

In 2021, the real estate market in Biscay was characterized by price stability. In 2022, the price increase may be less pronounced than expected by analysts for Spain as a whole, which they estimate at about 2% or 3%. The cost of secondary housing in Biscay remained stable throughout 2021, in contrast to the 2-3% increase in prices for new real estate. Further price increases are forecast for 2022. Since the beginning of the crisis, the price level for secondary housing in Biscay has remained unchanged. From 2,721 euros per...

The new Public Housing Plan for 2022-2025 outlines medium- and long-term goals to increase the number of public housing units, especially for social and affordable hiring. Let's look at the main theses of support programs and find out who will be able to take advantage of subsidies. Boletín Oficial del Estado (BOE) published Royal Decree 42/2022 of January 18, which regulates the Public Plan for Housing Affordability for 2022-2025. After making changes to the Housing Plan for 2018-2021, the programs were reoriented to the rental...

Renting a house in Spain is very common, especially among young people who do not want to depend on their parents. But it is also not uncommon for a lease to be granted only for a certain period of time, for example, while studying at a university or for temporary work. However, when concluding a contract of this type, there are many doubts if it is concluded for a period of less than a year. What's going on with the short-term tent? As for city rentals in Spain, this issue is regulated by Law 29/1994 of November 24. In...

Recently, the government of the country approved a subsidy for rental housing for young people in the amount of EUR 250 per month. The allowance will be received by young people aged 18 to 35 years, whose income is less than EUR 24,300. EUR 200,000,000 will be spent on the implementation of this project this year, as a result, about 70,000 Spaniards will receive assistance. At the same time, this campaign gave the green light to another type of assistance: subsidies for the construction of housing for rent. ...

Education in Spain is in demand by students all over the world. This is because of its high quality, affordable fees, the bilingual system, and the opportunity to move to Spain permanently. The interest in Spain’s education system is also promoted by its good trade relations with many other countries, its favorable climate, high quality of life, a growing interest in buying Spanish housing, and the global demand for being fluent in Spanish. What is Spain’s education system like? Can foreigners study in Spain? How do you get a study...