Buying property in Spain

New official data confirms the fall in property transactions during 2023. On this occasion, the Land Registrars closed last year with a decrease of 9.8% compared to 2022.

House prices depend on many factors: the year it was built, its type, characteristics and location, especially if in a tourist area.

The challenge of electric mobility finds an obstacle in the impossibility of many households to install an electric charger for their vehicle in a space on their property. More than half of the homes in Spain (55%) do not have a private parking space where they can install an EV charging system, according to an idealista study. The provinces of Malaga and Pontevedra (both with more than 60%) have the biggest residential park with a garage for EV charging points, while Madrid (40%) and Barcelona (30%) remain below the national average.

Altamira, doValue's real estate servicer in Spain, has announced plans to launch a new campaign offering discounts of up to 50% on more than 2,000 residential and commercial properties. Among the selection made for this campaign, the most important are commercial properties (699 units) and homes (1

Madrid and Barcelona are among the top 10 cities in the world where the price of luxury housing will grow the most in 2024, according to forecasts from Savills' 'World Cities Prime Residential' index.

I feel compelled to preface this article by stressing that buying rural property in Spain has associated higher legal risks as opposed to buying urban property; specifically when it comes to buying a dwelling.

According to the latest Global Property Handbook report by Barnes, Madrid has been ranked the fourth favourite city by high net worth individuals (HNWI), or in other words, wealthy people, to buy a home.

Despite the challenges posed by the cost of living crisis, escalating house prices, and inflation, the Spanish property market still presents significant opportunities for finding affordable homes for sale.

Sixty-five per cent of the properties listed for sale on idealista in the fourth quarter of 2023 were under €150,000, according to a study published by idealista, southern Europe's leading real estate marketplace.

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.

If you've been looking at the property market for some time and want a first or second home in Spain, you should take the plunge this year. Some factors suggest you should buy a property in 2024.

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.

The towns and cities with the greatest pressure of demand on the supply of homes for sale in the last part of 2023 and the beginning of 2024 were concentrated between Madrid and its outskirts, such as Las Rozas, Mostoles, Getafe and Alcala de Henares.

The supply of properties for sale fell by 8% in the fourth quarter of 2023, compared to the same quarter of the previous year, according to a study published by idealista, southern Europe's real estate marketplace.

The Costa del Sol (Málaga) remains a prime location for the foreign worldwide community, attracting millions of visitors every year for the host of reasons collated below.

Many of us have the dream of owning a big house, but the cost can often be a barrier, especially nowadays when getting a mortgage can be tricky.

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.

The real estate market ends in 2023 with record figures for foreign home buyers despite the uncertainty and interest rate hikes.

Co-ownership has grown in the winter real estate market. Vivla has six premium homes in the most exclusive residential areas near the resort Baqueira Beret. All homes are in prime locations, close to the slopes, and adapted to skiing or mountain sports.

In 2023, the Community of Madrid experienced a year of falling sales and rising housing prices and rent.

Real estate investment in Spain is one of the most attractive options for those seeking medium- and long-term returns.

Zaragoza is a uniquely charming city, brimming with history, culture and an unrivalled quality of life. Nestled in the heart of Aragon, it offers a blend of tradition and modernity and allows for a quiet life yet full of possibilities.

"The house that no one dared build until now".

Spain has many really beautiful and strange buildings that you won't find anywhere else in the world.

Santa Cruz de Tenerife is an ideal destination for those seeking a change of residence, with an enviable climate, a wealth of culture and a quality of life that attracts people from across the globe.