Spain’s National Bureau of Statistics (INE) reported in April inflation hit 9.8% Year-Over-Year during March 2022 (up from 7.6% on the previous month). This is the highest figure in over 37 years, since 1985.

Inflation in Spain hit 7.6% Year-Over-Year during February. This is the highest figure in over 33 years and is a major source of concern. There are several factors behind this sharp rise.

In a context of high inflation, Spain has hit 7.4% the highest in 34 years, protecting your family’s savings becomes a top priority. Financial advisers will normally recommend two options to protect yourself against inflation: The first one is to buy gold (which is rallying) The second is to bu

As a gentle reminder, we explained in detail what this tax form is in a previous article: Modelo 720 – Tax form 720 – 20th January 2021 Basically, if you are tax resident in Spain and hold over 50,000 euros abroad in either real estate, bank savings or investments you are under a legal obligation t

Ultra-low taxation. As we’ve covered in a previous articles, Andalusia drastically reduced the taxes on buying property, making them less than most other areas of Spain.

As we had published in idealista previously (Andalusia lowers taxes, including Property Transfer Tax and Stamp Duty -13th May 2021), Andalusia slashed its taxes on buying property (both on resale and off-plan property) in a bid to combat the adverse effects of Covid-19 in the economy.

As Idealista readers may recall, Spain’s Constitutional Court overturned plusvalia tax last 26th October 2021. We published a detailed article at the time.

On the 26th October 2021 Spain’s Constitutional court declared null and void a series of articles which in practice translates into eliminating plusvalia tax. The exact details of the ruling remain unknown as it has still not made public as of the time of writing, but is expected to be released

Like every year, we take the opportunity to gently remind all non-resident property owners in Spain they are under a fiscal obligation to file once a year a tax that is known as non-resident imputed income tax (NRIIT, for short).

Renting out property in Spain has been highly profitable for landlords over the last years (Covid-19 pandemic notwithstanding). Landlords can expect net yields of 5% p.a. If to this you also add in the capital appreciation, you’re looking at two-digit gains per year.