Perhaps you own a Spanish property or holiday but don't get much of a chance to use it. Having an empty house in Spain is a missed opportunity. You have to pay expenses and taxes, even if you don't use it.
When renting a property in Spain, in the majority of cases, and as stated in Spain's rental law (LAU), you will be required to pay a deposit to cover possible damages that may arise during the lease. But what happens if the owner refuses to return your deposit in Spain at the end of the contract?
Living near the beach and being able to enjoy the Spanish coast not only during the summer is a pleasure that is everyone's reach with a rented property.
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.
Record inflation levels in Spain are resulting in many tenants having their monthly rent raised by landlords, not to mention the ongoing war in Ukraine which is having a further effect on the Spanish economy. The question is, can my landlord increase my rent due to rising inflation?
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.
When renting a house, it is important to pay close attention to the contractual information in order to avoid any surprises or damages that may arise. There are different types of rental contracts, depending on the time and type of property.
One year after the introduction of the Catalan rent cap law limiting rental prices in the region (known in Spain as "la ley catalana del alquiler"), the data show that the measure has had two main consequences: 1.
Milan is the southern European city that requires the greatest effort to rent a property: in the great Italian economic hub, families must spend 42.6% of their income on rent, according to a study by idealista, which crosses rental prices in March 2021 and estimated* household incomes.
How much is rent in Spain? The good news for those who are planning to rent property in Spain in 2021, a great alternative if you're not ready to buy, is that the price of housing rental in Spain has fallen by 3.8% during the 12 months of the pandemic, according to a report published by idealista.
A question we frequently get asked by clients is if they should be paying 1 or 2 months’ security deposit on renting out in Spain. The short reply is it depends.
In the midst of the coronavirus pandemic where the tourism sector has been heavily affected in Spain, Barcelona City Council has announced that it plans to ban the rental of rooms for less than a month to prevent the proliferation of tourist rentals in the city.
Tourist or short-term rentals h
Investing in Spanish property to let it out (BTL) became a hugely profitable business over the last five years, yielding two digit returns year-on-year.
The leading real estate marketplace in Spain, idealista, has launched a new service that allows the creation and remote signing of rental contracts for real estate agencies, landlords and tenants.
It is in times of uncertainty and crisis that scams become more and more evident, with many people in many areas breaking the rules and laws for their own benefit.
The following is a list of clauses commonly mis-used in long-term rental contracts in Spain. This article refers to the lease regime under the Spanish Urban Tenancy Act affecting long-term rentals.
The COVID-19 pandemic and the potential economic crisis in Spain caused by it, together with some changes in property valuations made by Banco de España (the Bank of Spain) are just some of the reasons why potential house buyers in Spain without sufficient savings will not be abl
The COVID-19 state of alarm has been in force for over two months now, a reality that for some citizens living in flats without gardens, terraces or balconies and in the middle of a city can be a challenging task.
Tenants who are in a situation of economic vulnerability due to the coronavirus crisis in Spain may request a moratorium or cancellation of rent from their landlord until 2nd July 2020, as established by the Royal Decree Law 16/2020, which has extended the application period to three months.
In 2020 the advantages of the Internet are endless and at the moment, we can take advantage more than ever due to the coronavirus outbreak which has left Spain housebound: you can comfortably buy food, clothes or gadgets without having to leave your home.
The Spanish government has approved an aid package of measures focusing on helping struggling rental tenants in the country. According to calculations made by the government, some 500,000 tenants could be affected by the economic consequences of the coronavirus outbreak.