FAQ
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...
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
1023
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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The year 2023 posed challenges for the Spanish real estate market due to factors such as global economic instability and rising interest rates. Despite these difficulties, the sector showcased a degree of adaptability, with varied results across different segments. Content: Housing Sales Housing Prices Mortgages Outlook for 2024 Segment...
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Málaga is a popular resort destination and one of the best places to live and invest in Spain. This beautiful Andalusian city is on the picturesque Mediterranean coast of the Costa del Sol. There is a huge variety of sandy beaches and excellent infrastructure for sea recreation. Moreover, Málaga has about 320 sunny days a year. More than...
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Alicante is a city in Spain on the Mediterranean coast. It is in the namesake province and is one of the largest cities in the Valencian Community. Alicante has an excellent infrastructure, including a well-developed road network, an international airport, a seaport, a railway station, and many types of public transport. It has a pleasant, typical...
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Valencia is one of the largest cities in Spain, with beautiful architecture, rich cultural and historical heritage. Many people come to Valencia for holidays, while others want to relocate to this sunny southern city and think about buying property in Spain. The city on the Mediterranean coast boasts a rich history, so there are a lot of places of...
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Valencia is one of the largest cities in Spain, having the third biggest population after Madrid and Barcelona. Located on the shores of the purest Mediterranean Sea, the city, and simultaneously the capital of the namesake province, has a well-developed infrastructure, a convenient public transport system, and its own airport. Moreover, it is home...
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Foreigners quite often consider real estate in Spain as a possible relocation option. The country with a fairly stable economy, low crime rate, and comfortable climatic conditions provides a high standard of living. Along with selecting a home and researching information about possible relocation areas, the primary issue remains finding a job. It...