Sant Cugat del Vallès (Barcelona) and Pozuelo de Alarcón (Madrid) have the lowest unemployment rates in Spain, with an estimated average of 5.3% for 2023.
Understanding how to get a Spanish mortgage is essential when purchasing your dream property in Spain. Whether you’re buying a holiday home, relocating, or investing, the process is an exciting but often daunting one.
Real estate investment in Barcelona has shown signs of recovery during 2024, reaching a volume of €1.5 billion between January and September, according to data from CBRE, one of the leading real estate consulting and services firms globally. This figure represents a growth of 12% compared to the same period in 2023, although it is still 12% below the last decade's average.
Amancio Ortega and his daughter Sandra Ortega, Rafael del Pino, Juan Roig and Isak Andic, are the five wealthiest individuals in Spain, according to Forbes Spain's list of "The 100 Richest Spaniards."In 2024, the combined wealth of Spain's 100 richest people totals €250.4 billion, marking a 27.7% in
Whether you’re looking for a second home, an investment property, or planning to relocate to Spain, understanding the mortgage process, and what is affordable, is key.
Donald Trump's landslide victory in the US elections has significantly impacted major financial assets. The dollar, bitcoin, and stock indices surged following the Republican candidate's win, which had caught financial markets by surprise, given the close race reflected in the polls.
President Pedro Sánchez of Spain has announced a state aid package valued at €10.6 billion for areas impacted by recent storms, known as "DANA" in Spanish. This support will be extended as further needs are identified.
The package comprises direct aid along with tax and labour measures.
ING is upping its stakes in the real estate sector in view of its imminent recovery.
According to a recent study by the Dutch bank on real estate, "the sector is on track for further recovery", driven by factors such as anticipated interest rate cuts in the eurozone and a stabilisation in pro
Spain: tax haven or tax hell? Actually, it’s both.
In John Boorman’s 1981 Excalibur movie, there is a part of the dialogue between Merlin and King Arthur where Merlin explains he is a dream to some but a nightmare to others.
Understanding the mortgage rates in Spain is important for anyone looking to move to, or buy property in, one of Spain’s many popular towns and cities.
Pozuelo de Alarcón (Madrid) has retained its title as the Spanish town with the highest average gross income for the fourth consecutive year, reaching €85,323 – a 6.3% increase from €80,243 the previous year.
The Tax Agency's statistics on personal income tax filers in municipalities with over 1,00
Sixty per cent of Spaniards find it "hard or very hard" to take out a mortgage, according to the Unión de Créditos Inmobiliarios (UCI), a joint venture between Banco Santander and BNP Paribas.
Madrid and Barcelona were the two provincial capitals that generated the most revenue per inhabitant from local taxes in 2023, with a figure nearing €1,000 per capita, according to a study by the Registry of Tax Advisor Economists on local taxation in 2024.
The report, authored by the specialist ta
Renting a two-bedroom property costs 83% more than the mortgage payment required to purchase the same home. However, buying needs a down payment of €48,480, according to a study published by idealista.
Spain stands out as one of the world’s most attractive destinations for non-resident foreigners, thanks to its favourable climate, delicious cuisine, high-quality public services, and relatively affordable property prices.
In the past two years, over 250,000 homes have been purchased by foreign nat
Valencia and Malaga have been recognised as Spain’s top business destinations, surpassing traditional hubs like Madrid and Barcelona. Previously, Spain’s two largest cities dominated the corporate meetings and events sector, according to Consultia Business Travel, a Spanish company specialising in comprehensive business travel management and consultancy.
After the complicated years of the pandemic and thanks to the new teleworking models, the increase in tourism in Europe has increased in the last three years, even exceeding pre-pandemic levels.
The average gross salary in the Spanish economy gained 1.5% in purchasing power in 2023 after rising by 5.1% to an all-time high of €1,914 per month, according to a study by The Adecco Group Institute, the Adecco Group's research and dissemination centre.
Madrid's skyline has been in the making for centuries that provides it with that photograph so identifying of a great city, and from no better vantage point than the terraces of some of its restaurants to see how the capital is outlined on the horizon. We climbed up to seven of the highest dining rooms and terraces in the city to enjoy a 360º experience.
The Government of the Community of Madrid has given the green light to what is known as the 'Mbappé Law', a regulatory change that aims to attract foreign investments, attract talent and facilitate the return of emigrants. Specifically, the bill contemplates a new deduction of 20% in the regional personal income tax quota for taxpayers who invest in public debt or shares, or make contributions to companies.
The Agency, a US real estate company specialising in the prime segment, has launched its expansion into southern Spain by publishing its first Annual Real Estate Market Report on Marbella and the Costa del Sol. This report highlights the current and future trends of the luxury market in this region, confirming its dynamism. Nationally, the Spanish real estate market attracts international investors.