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Spanish house prices

Spanish house prices to rise in summer affecting the coast, islands and province capitals

Property transactions tend to rise during summer, according to the experts consulted, which is why a slight increase in prices is also predicted. Prices have generally increased so far this year, but only moderately, by between 1% and 2%, a figure lower than inflation, which is expected to remain above 3%. According to Alfa Inmobiliaria, new builds could experience a greater increase in price due to their scarcity and more modern construction standards, which justify a higher price.
Housing in Pozuelo de Alarcón

Spanish market expects mortgage war to continue and fixed rates to go back to 2%

The movements of some banks to improve the conditions of their fixed-rate mortgage loans have given a twist to the mortgage war. And the trend will increase in the coming months. The luxury real estate company Engel & Völkers assures that the improvement in mortgage offers will give speed to the market, while the economist and consultant Gonzalo Bernardos believes that fixed rates will return to 2% at the end of the year.
Living in Spain after Brexit: rules, rights and red tape / Gtres

8 tips for Brexit

1. Attain a NIE number A NIE number is a tax identification number for foreigners which identifies you before the Spanish Tax Office and allows you to file and pay taxes in Spain. For more details on how to get a NIE number, see our guide explaining all about the NIE Number. 2.