Buying process

Although house sales in Spain have slowed down in recent months due to the new mortgage law and the general economic decline, the last quarter of the year is usually a good time to buy a home.

When buying a property in Spain, the mortgage is not the only large expense.

Buying the house of your dreams or selling your property is possibly one of the most important financial ventures of your life. At the moment there are several problems that arise not only because of lack of experience, but also because there are bureaucratic and sometimes complex processes.

Whether you’re moving to Spain and looking to buy or rent property, or you wish to sell your house in Spain, the process can be stressful and exhausting, especially if you don’t know the language very well and all the legal jargon that surrounds the real estate industry.

Due to the importance of the changes enacted last June on taking out a mortgage in Spain, we will briefly collate in bullet points all that’s new. The majority of these changes are pro-consumer, greatly benefitting borrowers in Spain. All changes effective as of Monday 17th June 2019. 1.

On buying a home in Spain, the first point is to determine whether you are buying new build (off-plan or sobre plano, in Spanish) or else a resale (second-hand property or reventa, in Spanish).

When you are buying or selling a home, friends and family members always have an opinion and want to offer helpful advice. But they can be more of a hindrance than a help, and the experts recommend ignoring them.

There has been an increase of 0.8% in the price of used housing in Spain in October 2018, standing at 1,726 euro per square metre, or 160 euro per square foot, according to the latest idealista real estate price index.

Summer is a great time to make some changes, one of which is often renting or buying a new home. If you're thinking of moving, here are a few pro tips to help you avoid all the stress and save yourself a bit of money.

Despite the fact that the vast majority of real estate agencies and intermediaries in the sector are serious professionals, there are some things that happen in the housing market that undermine good practice. Buying a home is often a person's most important investment in their lifetime, and that's

If you’re thinking of buying a house in Spain, you should first know that once the property has been transferred, the charges are also transferred.

Everyone knows how much of a headache buying a house can be, even if it’s your first time… especially if it’s your first time!

It’s possible to haggle over the price of a home as long as you have the right motivation.

New technologies have many advantages. In just a few seconds you can open a bank account with a selfie, block your phone with your fingerprint, turn on the heating and do your tax returns. However, it is not as simple as it seems when it comes to signing a mortgage.

More and more non-Spaniards are buying houses in Spain.

ITP (Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentales), in English Property Transfer Tax and Documented Legal Acts, is an indirect tax which is applied to onerous transfers of property, in other words operations of exchange of wealth or assets between living persons (such as

With the upward trend in property prices, buyers want to find their dream home without going overbudget. As such, the key is to get the seller to lower the price of the house.

There’s always loads of legal stuff involved in buying any property, but as a foreigner in Spain you’ll have extra paperwork to do.

Buying a house is a lengthy process with lots of official hoops to jump through - use this comprehensive checklist to tick things off as you go. Check with the local authorities that the transaction is legal i.e.

Selling your house is a big moment, so follow these simple steps to make sure you’re doing it right: 1. Prepare the documentation: Before selling, it’s advisable to gather together all the important documents related to the property.

The cost of buying a house is more than just your monthly mortgage payments.

When looking for a house abroad, the market can be a bit confusing.

So you’ve decided to buy property in Spain. Now what? What with everything being in Spanish and the property market being so different, it can be quite daunting for first-time expat buyers. Fear not!