Buying process

The percentage of household income needed to access a home grew to 23.1% for buying and up to 35.7% for renting during the last year, according to a study published by idealista based on Q2 2024 data. The lack of supply and the consequent increase in prices is why the rent burden has reached the maximum recommended by experts with an increase of four points in the last year.

Navigating the process of buying or renting a house in Spain can be daunting, especially if you’re not fluent in Spanish. Understanding and using key phrases will not only ease your communication but also help you make informed decisions.

If you are planning to move to Spain, you should first run a basic checklist, and by doing so, you are sure to get through the whole process smoothly.

Real estate professionals are increasingly needed to mediate operations. According to data from the Federation of Associations of Real Estate Companies (FADEI), the Spanish real estate sector employers' association, real estate agencies already mediate seven out of ten home purchase and rental operations in Spain. According to the association, the benefits of having the services of a professional in the sector are clear: a real estate agency can sell a home 30% quicker and, can reduce viewings by 80% for rental properties.

Property auctions in Spain can be an exciting and potentially lucrative way to purchase real estate. Buying property at auction allows you to get your hands on a house in Spain for considerably less than the market value.

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.

House auctions are a great opportunity to buy a property for less than its market value, with savings of up to 50% in some cases. Although once dominated by investors, more and more people are looking for a more affordable alternative in a market that continues to rise.

Buying or selling a home is one of life's milestones, as it requires a major investment and many hopes and dreams are poured into it. However, a great deal of stress is also involved. Preparation is needed for everything to run smoothly and for the transaction to be successful.

Spain, a country synonymous with sun-drenched beaches, rich history, and vibrant culture, also boasts some of the most luxurious homes in Europe.

Many people know what their dream home is like and wonder whether they should buy or build a house. Both options have pros and cons, and what you decide depends on your needs, preferences and budget. Examine the implications to make the right choice.

Buying a house is one of the most important moments in a person's life. Many hopes, dreams and money are invested in this decision. However, it's always a good idea to prepare some questions to ask the seller or the real estate agency that manages the property to avoid risks.

There are several ways to buy a property in Spain, from the typical sale to rent-to-own schemes, allowing the tenant to purchase the property they occupy after paying a monthly rent for a specific period.

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

As Christmas gets closer, you might want to think about snagging a house—it's a great time for it. Sellers are in a rush to get on with their holiday plans, and that can speed up the whole buying process.

The Technical Building Inspection (ITE) is a compulsory procedure that buildings of a certain age must undergo in specific cases.

Article written by Eduardo Amat Alcaraz, notary public of Puerto Lumbreras (Murcia) An outright payment is when the buyer pays the full amount for a good or service at the time of purchase.

The sharp rise of interest rates over the last 12 months, has prompted scores of borrowers to look into cancelling their Spanish mortgage loans.

It's August, you're looking for a flat or maybe you want to put your property up for sale. Many will tell you, "It's a bad month to close a deal". Many buyers and sellers have had this idea instilled, but it couldn't be further from the truth.

Planning to invest in a holiday home? Spain could be the ideal location for you. With its sunny climate, beautiful beaches, and rich culture, it's no wonder Spain is a popular choice for holiday home buyers.

Unlike a title deed, which in truth bears little to no importance, what matters in Spain is who appears as the registered owner before the land registry.

Getting the cadastral reference of a house or property in Spain is relatively simple and does not involve too much paperwork.

Mortgage interest rates are on the rise, but in spite of this, many people are still choosing to buy property in Spain, as prices start to stabilise going into 2023. If you're renting and you want to own a property then the process is relatively simple.

Fixed and variable-rate mortgages are the most common on the market in Spain, but there is a third type that is also worth knowing about when applying for a mortgage in Spain: mixed-rate mortgages, also known as mixed mortgages.

When buying a property in Spain, whether it's a holiday home or permanent residence, you will have to pay some sort of tax.

If you are looking for a house in Spain, but don't know what you want, buying a home can be a long process. Before sitting down to look at idealista, establish a budget, your ideal house type and the area that suits you best.