Financial advice in Spain

Spain ranks fourth in the top 10 most attractive European countries for investors in 2024, being the only country with two cities in this ranking – Madrid and Barcelona – demonstrating good forecasts for the real estate sector. According to the latest '2024 European Investor Intentions Survey' prep

Selling a house with an outstanding mortgage in Spain is a common conundrum. A mortgage can make selling more complex, posing questions about the transaction's viability and the steps needed to carry it out successfully. This article discusses whether you can sell a property with a mortgage in Spa

The real per capita income of Spanish households recorded a decline of 2.09% in the third quarter of 2023 compared with the previous three months, a reading well below the 0.2% decrease for the Organisation for Economic Co-operation and Development (OECD) as a whole, positioning Spain at the head of

Madrid is among the ten cities worldwide that generate the most economic benefits from tourism while improving its environmental and social performance, according to the results from the 'Destination Always' report prepared by the digital travel platform Booking and presented at the 2024 FITUR inter

The unemployment rate in Organisation for Economic Co-operation and Development (OECD) countries stood at 4.8% in November, remaining at its lowest level for the ninth consecutive month in the historical series, which began in 2001, according to the organisation.

The depopulation of rural areas in Spain has been a growing concern in recent decades, giving rise to what is known as "empty Spain". Faced with this demographic challenge, the government and various institutions have implemented measures to encourage village life, including subsidies and grants fo

The year started with tensions between the government, the unions, and the employers' association in Spain over how much the minimum wage – which currently stands at €1,080 per month in 14 payments – should be raised this year. At the end of 2023, the CEOE proposed an increase of 3% this year (to €

The US rating agency S&P joins the host of international forecasts on what will happen to interest rates and inflation in the eurozone this year. According to its calculations, the price increase in the common currency region will not return to 2% before 2025, while the ECB will cut rates from

On dealing with property in Spain, you will often come up with a series of property values that may seem somewhat confusing at a first glance. Some people are surprised to find these valuations differ significantly from one another. In today’s post we briefly explain each one and their purpose. 1.

Many property owners frequently discover that their property registration in the Cadastre contains errors, especially about the property's surface area.

In Spain, confirmatory deposit contracts (arras confirmatoria) are legal agreements commonly used in real estate and commercial transactions.

Generally, whenever you want to renovate or carry out building work in your home, you need to apply for a building permit. Though some small renovations do not require any permit type, most do, and you must factor in this expense.

In Spain, as a taxpayer, one of our duties is to inform the Spanish tax authorities of our tax address if it changes.

The average rate at which Spanish banks granted mortgages in September exceeded 4.3%, at its highest level since February 2009, when it stood at 4.324%, according to data from the Bank of Spain published on Friday. Thus, the average rate on mortgage loans over three years for the purchase of free h

The European Commission, through its Vice-President and head of the European Green Deal, Maros Sefcovic, shortlisted five Spanish cities (Madrid, Valencia, Valladolid, Vitoria-Gasteiz and Zaragoza) to receive the Mission Label after assessing their climate agreements. He announced this on Thur

This Monday, the Canary Islands Council of Government approved the 99.9% rebate on Inheritance and Gift Tax, meaning that it will cease to receive some €18 million per year.

Global net private wealth fell by 2.4% in 2022 to $454.4 trillion (€415.6 trillion), the first year of decline in these records since 2008, according to the 14th edition of the Global Wealth Report jointly released by UBS and Credit Suisse. According to the report's explanations, this decline is du

Banks have embarked on a great battle to see who can give the biggest cash reward in exchange for new money in the form of salary payments or, in some cases, with a mortgage, a deposit or an investment fund as a counterpart.

Housing market shifts are being triggered by the economic situation, interest rates, demographics and changes in current needs.

Housing continues to be at the heart of investors' interest.

If you're thinking of moving to Spain and want to look for a job, knowing the average monthly salary in Spain is a good place to start. The average salary in Spain has set a record at €1,822 in 2022.

Picture this: you've found the house of your dreams and you're about to take out a mortgage. Do you know how much money the bank will lend you and how much in savings you need to take out a mortgage?

Spain is internationally recognised as an attraction for renowned brands that want to establish themselves in the country.

Inditex's founder and main shareholder, Amancio Ortega, has bought a Walmart automated logistics centre in California (United States) for $109 million dollars (€98.9 million), sources familiar with the transaction confirmed to Europa Press. As reported by the US real estate media 'Commercial Observ

House prices in the European Union recorded a decline of 0.7% in the first quarter of 2023 compared with the preceding three months, when they had fallen by 1.4%, thus achieving two consecutive quarters of decline for the first time since the beginning of 2013, according to data published by Eurosta