Taxation on gifting property in Spain

Taxation on gifting property in Spain

My professional experience is that most foreigners are completely unaware of the legal procedure involved on gifting property in Spain. To that end, I’ve written today’s post. Gifting property arises when: Joint owners (i.e.
Home sales will fall in 2023 and prices will stabilise, according to CBRE

Home sales in Spain will fall in 2023 and prices will stabilise

The residential sector was more dynamic than expected during 2022, especially the first half of the year. However, rising borrowing costs have led to a slowdown in the market and reduced the pace of housing growth, according to the latest figures from the consultancy firm CBRE.
Intervening in the Spanish real estate market produces "distortions"

Intervening in the Spanish real estate market produces "distortions"

The CEO of Bankinter, María Dolores Dancausa, has stated that she is against market intervention in general, "whether real estate or any other type", as, in her opinion, "it produces distortions", such as the measure to limit the price of rent included in Spain's Housing Law. For Dancausa, int
Buying property in Spain

6 things to watch out for when buying property in Spain

On buying property in Spain, you should be mindful the title is clean. It is fairly common the previous owner is in arrears. In Spain, debts follow the property not the debtor. Meaning, when you take over the ownership, you also take on all the existing debts from the previous owner.
Differences between rateable value and market value

Differences between rateable value and market value in Spain

Knowing a property's value is essential when you are ready to buy a home. However, there is not just one value to consider, but two (or even three if the final purchase value is taken into account). The most relevant are the rateable value and the market value.
Can you sell your house with a mortgage in Spain?

How to sell your house with a mortgage in Spain

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.
Become a real estate agent in Spain

How to become a real estate agent in Spain

Do you want to become an estate agent in Spain? Do you need qualifications to be an estate agent in Spain? Do you need a licence to be an estate agent in Spain? We have the answers.