Financial advice in Spain

The competitive prices of housing in Spain compared to the rest of Europe are producing a return of interest from foreign investors in the national market, after the significant drop in sales by foreigners since the outbreak of the pandemic, according to the International Federation of Real Estate P

Home swaps have been growing in recent months in Spain, as a result of the emergence of covid-19. This alternative to traditional sales and purchases have now totalled 1,230 transactions between January and September, according to the INE.

The United Kingdom, Germany, France, the Netherlands and Spain will be the biggest investment destinations in the Europe, Middle East and Africa (EMEA) region over the coming year, in order of volume, according to international real estate consultancy firm Knight Frank. This is one of the conclusio

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.

One in four construction companies in Spain has had to stop or delay the execution of some of its works, as a result of the sharp increase in the price of raw materials needed for construction over the last year.

For many young people, the dream of home ownership can seem far out of reach, or something that is a long way off in their future.

The demand to rent property in Spain has been growing for years. Among expats with  investment properties in Spain this is not news, they have long been tapping into this market for short-term and long-term rentals.

Rising electricity costs: you might be sick of hearing about them by now, but the world's energy crisis might have something of a silver lining.

When someone is looking for a new home there are two main criteria: that the property suits their needs and that it fits within their budget. Depending on your own needs, finding a property that can meet them might be relatively easy, but the economic side of things is often more complicated, e

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).

If you have a mortgage and wish to modify the initial conditions with which the loan was signed there are two options you should be aware of: subrogation and novation. They both have similarities to each other, but when it comes to modifying your mortgage it is vital to be aware of the importan

The beginning of 2021 has been tough. The downward trend of foreign investment in Spain seemed to continue following the first year of the Coronavirus pandemic. However, an effective vaccination campaign opened up a more optimistic outlook that fostered the general economic recovery in Spa

We all know that our houses need work from time to time. Doing a major renovation is tempting as it can add value to your home, but it's also sometimes a very scary process because of the time and cost it entails. We are going to propose some alternatives within the means of any budget.&nb

Article written by Juan Cabrerizo, SATE specialist and thermal insulation expert at Propamsa  The prices that electricity has reached in recent times have put many Spanish households on the ropes, as they have had to face record highs in their bills. In addition, forecasts indic

People's desire to leave home and travel again is greater than ever. The covid-19 pandemic is still ongoing, but thanks to high vaccination rates and the use of the digital certificate, we are now freer and safer to pack our bags and go on vacation. So it is  obviously to be expected

How long do Spanish banks take to grant a mortgage? This is one of the most frequent questions asked by those who are in the process of buying a house and need financing in Spain, both for residents and non-residents applying for a mortgage in Spain.

Building your own home is likely the cheapest option in Spain, saving you hundreds of thousands of euros, if not more. Many owners resort to it.

If you're considering moving to Spain, an important element to consider is where you're most likely to find a job and the unemployment rate in Spain. Santa Cruz de Tenerife and Cádiz are the provinces with the highest unemployment rate in Spain in the current crisis period for jobs caused

The process of finding, negotiating and signing a mortgage in Spain can be complex and stressful. This is especially the case if you're not from Spain or are taking out a mortgage in Spain for the first time.

Most non-residents are vaguely aware that on selling property in Spain, a buyer practices a 3% retention on the sale proceeds which is paid directly to the Spanish Tax Office.

*Article by Rosana Ramírez from Alecora Tax & Legal Services If you were thinking on buying a property in Andalusia (Costa del Sol area), we have good news for you, since 28th of April to 31st December 2021, the Andalusia Government has established a reduced transfer tax from the progressive [8

Spain has introduced its new electricity tariff charges this June 2021, meaning that customers, including the thousands of expats living in Spain, will have to get used to reading a new electricity bill and in many cases, higher household expenses and utility bills.

On Monday 26th of April, Andalusia’s coalition government agreed to lower taxes in the region of Andalusia.

Generally speaking, it is possible to install fibre optic broadband in Spain for around 30 euros per month, including VAT. When you add mobile lines, the average cost rises to 40 euros per month.

One of the measures introduced by the Spanish Government during the worst of the coronavirus crisis was the mortgage moratorium for homeowners whose income was directly affected as a result of the pandemic.