idealistic

Barcelona real estate investment rises 12% by September due to lower intrest rates

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, Rafael del Pino, Juan Roig Alfonso and Isak Andik are the five largest Spanish fortunes, according to the ranking of the list of 'The 100 richest Spaniards' by Forbes Spain

Who are the richest people in Spain in 2024?

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
Donald Trump, the new president of the United States

The four major impacts of Trump's victory on financial markets

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.
Tax in Spain

Spain: tax haven or tax hell?

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.
Property for sale in Pozuelo de Alarcón

Pozuelo de Alarcón has the highest average gross income in Spain

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
Property tax in Spanish cities

Madrid and Barcelona: highest local taxes at around €1,000 per person

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
Foreigners who take out the most mortgages in Spain

Executives and businessmen are Spain's top foreign mortgage signers

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, Spain

Valencia and Malaga named top business destinations in Spain

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.
Riu Plaza de España

Restaurants with views over Madrid

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.
Madrid

Madrid approves a tax deduction to attract foreign investment

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.
Luxury villa for sale in Marbella

Luxury real estate trends in Marbella and the Costa del Sol in 2024

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.