Property

Buying a home in Spain has always been a dream for people that have fallen in love with the country, but it is important to do it right and to avoid any legal pitfalls. Once you take the right measures, then you can enjoy your new life in a country full of sunshine and a friendly culture that you will bring loads of new experiences. Yes, the Spanish system can seem to be very complicated, and you could end up with a hefty fine if you don´t do things properly over legal and tax matters. This simple and ultimate guide to buying new properties in Spain features the top ten legal steps to pave the way for a happy future with no nasty legal surprises down the line.

HELPED by films and books such as “Charlie and the Chocolate Factory” someone’s childhood dreams could be realised after a chocolate factory in Catalonia has now had its transformation into a luxury family home completed.

AN early survey of around 600 people has given indicators of the short term future of the Spanish property market after the coronavirus has passed. Many of those surveyed are in the process of buying or selling properties, so in a market partly driven by sentiment their opinions are valuable. Almost 60% expect the current state of complete inaction in the market to continue for at least six months, 30%...

WHAT do you imagine the cheapest property rental is in Madrid, a notoriously pricy city to find accommodation? The current answer is 7€ per month, or €84 per year. Before you start making plans to move to the Spanish capital to snap up a bargain, there is a major catch. Those enjoying the rock bottom rentals had the price fixed before 1985 and in many cases under the Franco era, where property owners...

FOREIGN buyers accounted for just over 14,000 Spanish property sales in the last quarter of 2019, a drop of 2%. This roughly reflected the overall sales situation, which saw a 2.3% drop in demand over the same period. British house buyers were still the largest sector (14% of the total) followed by the French (8%) while buyers from developing countries such as Algeria, Morocco and parts of Eastern Europe...

Spaniards looking to buy a second property are unsurprisingly continuing to look towards areas like the Costa Blanca, according the website property portal, donpiso.com The company says that last year saw a notable increase in both Spanish and international properties with the Mediterranean coast leading the way. The portal said that the average price of a holiday home in this region was around 200...

Spain’s new left-of-centre coalition government will publish an index of nationwide rental prices by the end of March, according to a spokesman for the Transport, Mobility, and Urban Planning ministry (MITMA). The move represents a first step towards enabling rent controls in Spain, where rent has increased by 50 per cent in the five years leading up to last August, according to a 2019 Bank of Spain...

Spain’s anti-competition watchdog is opening disciplinary proceedings against several property websites suspected of using their algorithms to fix prices. “Such practices would consist of the coordination of prices and other commercial conditions by real estate intermediaries,” the CNMC watchdog said in a press release. “This coordination would have been implemented, among other means, through...

DESPITE the City Council implying that they are illegal, the newest batch of “hive housing” has opened in Madrid this week

Spaniards looking to buy a second property are unsurprisingly continuing to look towards areas like the Costa Blanca, according to the website property portal, donpiso.com The company says that last year saw a notable increase in both Spanish and international properties with the Mediterranean coast leading the way. The portal said that the average price of a holiday home in this region was around 200...