How high can the Euribor rise and what are the consequences?
The Euribor has experienced an unstoppable rise since January 2022, reaching a rate of 3.647% in March 2023. This rise exceeds previous rises, which represents
Tips to make cleaning at home less of a chore
Limpiar la casa puede ser una tarea abrumadora, pero es esencial para mantener un hogar saludable y acogedor. En este artículo, te proporcionaré una guía completa sobre cómo limpiar tu casa, desde la limpieza de las habitaciones hasta la eliminación de manchas difíciles.
The judiciary warns that the national government does not have the authority to impose housing decisions on communities
Con todo lo que se está hablando sobre la nueva ley aprobada hoy, y resulta que este gobierno, pasa por alto el informe preceptivo del Consejo General del Poder Judicial, en el que se subrayan las competencias autonómicas en materia de vivienda.
The new housing law to come, more of the same and as always unbalancing the landlord/tenant balance.
Spain’s new housing law has been approved after months of disagreement between the government and its parliamentary partners. According to Libre Mercado, the law promoted
Opening Fee on Mortgage Loans: Analysis of the CJEU Ruling of March 2023
Opening Fee on Mortgage Loans: Analysis of the CJEU Ruling of March 2023 The origination fee for mortgage loans has been the subject of numerous
Home remedies to delay the appearance of dust in all corners of your home
Algunos trucos caseros de limpieza de hogar
Fixed, mixed or variable mortgages, let’s compare
Fixed, mixed or variable mortgage: Which is the best option for you? Choosing the right mortgage to buy a house is an important decision. In
The Latest Fiscal Blow That Could Reduce Foreign Investment in Spanish Real Estate
La reciente modificación en la Ley de Impuestos que incluye nuevos gravámenes para la banca, energéticas y grandes fortunas, ha pasado desapercibida para muchos, pero su impacto en el sector inmobiliario podría ser significativo. Esta modificación en el Impuesto sobre el Patrimonio afecta directamente a los extranjeros no residentes que tengan inmuebles en España.
How and why to register in a municipality?
What are the requirements for registering in a municipality? If you are asking yourself this question, it is important to know that being registered in
APPEALING THE CADASTRAL REFERENCE VALUE – JOSE MARIA LUQUE (LAWYER SPECIALIZED IN REAL ESTATE LAW)
A few days ago a client asked me the following question: I am going to buy a house that is 50 years old and in
Government and banks agree on measures to help those with mortgages
The government and the banking sector have reached an agreement on the measures to be adopted to alleviate the mortgage burden of more than one
Euribor rises again to its highest level since December 2008
The Euribor, the indicator to which most variable mortgages in Spain are referenced, will close October with the highest monthly average since December 2008, standing
Christmas flavor? Yes, Rute
WATCH THE 360º VIDEO¡¡¡¡ If there is one place in Andalusia where Christmas is probably the most important time of the year, it is
Housing triumphs as a safe haven in the face of inflation
The purchase of a house as an investment is the second most important reason for buying, only behind the need to live in a larger
The new reference value increases taxes paid when buying a used home by up to 17%.
Since January 1st, the new reference value of the Cadastre is the taxable base for taxes as important as the Transfer Tax (ITP), Stamp Duty
The cap on housing rents is extended until December 31, Royal Decree-Law 11/2022
As a consequence of the continuous rise in inflation due to the Ukrainian-Russian war conflict, Pedro Sánchez has confirmed the arrival of new measures that
THE COURT OF JUSTICE OF THE EUROPEAN UNION upholds the reimbursement of all amounts overpaid on floor clauses
According to the CJEU, it is now possible to request the return of all the months paid in excess for abusive instalments (where minimum instalments
How to reflect the rental of housing in the IRPF (Personal Income Tax) if you are resident
All owners of rented accommodation are obliged to declare the income received from renting, as this income is considered as income from real estate capital.
Tax authorities and Supreme Court give taxpayers hope that they will not have to pay capital gains tax
Regulatory changes to legalise and constitutionalise the municipal capital gains tax came into effect on 10 November. The rule is not retroactive, so more taxpayers
New Municipal Plusvalía Tax Could Be Declared Unconstitutional
The “new” municipal plusvalia tax approved by Royal Decree Law could be declared unconstitutional. In fact, the Constitutional Court has admitted the appeals of the
REAL ESTATE CATASTRO, What is the CATASTRO for?
The Real Estate Cadastre is the administrative register of the Ministry of Finance and Public Function in which rustic, urban and special characteristics real estate
Breakages, breakdowns and damages in the rental of a property, who has to pay for them?
One of the biggest concerns of tenants of rental properties is the malfunctioning or damage caused by any internal or external factor, as there are
What changes with the new tax value and how it affects personal income tax and the municipal capital gains tax
The new Cadastre reference value, which came into force at the beginning of the year, is the taxable base for taxes as important as the
Junta de Andalucía orders the Communities of Irrigators and Users Fuente del Badén, in Nerja, not to supply water to households.
The Communities of Irrigators and Users Fuente del Badén will not be able to continue providing service to the properties from January 1st, when they
Constitutional Court declares municipal Plusvalia tax, illegal
The Constitutional Court has declared the capital gains tax unconstitutional, which means that it has been annulled and will no longer be levied by local
Claves para vender o alquilar más rápido la vivienda
When it comes to selling or renting a property, this can be done through a real estate agency or on behalf of the owner. According
THE GOVERNMENT AND ITS “PARTNERS” ARE “GETTING THEIR HANDS” ON THE RENTAL MARKET
PSOE and United Podemos have reached an agreement to approve the draft General State Budget (PGE) for 2022, thanks to the fact that the PSOE
Bye to Article 28 of the Ley Hipotecaria (in Spanish mortgage law), WHAT DOES IT MEAN?
From today, Friday, 3rd September 2021, Article 28 of the Mortgage Law, by which the non-forced heirs (siblings, cousins, nephews, …) could not sell the
THE EURIBOR CONTINUES TO FALL, AND MORTGAGES BECOME CHEAPER
The 12-month Euribor ends August with a new decline. Specifically, it recorded a monthly average of -0.498%. This is the third lowest figure in the
How can I amortise the installation of solar panels in my home?
Amortising the installation of solar panels is now a reality, the use of this renewable energy is no longer an exorbitant expense. The initial investment
Clauses that are null and void and are frequent in rental contracts after the latest reform of the LAU (Law of Urban Leases).
Tenancy agreements are often signed with invalid clauses that alternate the rights of the tenants The latest rental reform, which came into force on 5
What is a DAFO, why is it necessary and when should it be performed?
WHAT IS THE DAFO? The DAFO is a document issued by the Town Hall which certifies that the property cannot be subject to penalties or
360º walk, through the second hand market in Nerja
[vc_row][vc_column][vc_column_text] The second hand flea market in NERJA takes place every Sunday from 8:00 a.m. to 2:00 p.m. It is located in the town hall,
The city bus will be free for the residents of Torrox.
Torrox wants to “revolutionise” public transport. The Town Hall announced this Thursday that it will be free “for all residents”, as well as extending the
What is green energy and how can it be contracted at home?
Green electricity allows more ecosystem-conscious consumers to use electricity obtained from natural resources. What do we mean by green electricity? Green energy, also known as
Recommendations for household savings
By following these simple tips, you can reduce your household expenses. Electricity, water, heating … you will be surprised how easy it is to save
Seguridad integral para tu inmueble
f you have home insurance for your home, you will be financially protected from certain problems and claims that may occur at home. However, there
Main details to consider for propane and butane gas in the home
Both propane and butane gas have many characteristics. However, their use and organisation distinguishes the two modes of energy installation in living spaces. In this
Expenses and taxes to be paid when buying a property in 2021
Mortgage loans are not the only major expense involved in buying a home. In fact, in order to formalise the deal and become the owner
Electricity tariff adjustment in 2021
Compared to previous years, the price of electricity in 2021 will change, so its cost will be slightly revised. These new versions were scheduled to
Advantages of installing an alarm in the home, including rental homes
Many times, you want to know if you really need an alarm to protect your home. No matter where you are, you should know that
Which electricity tariff best suits my needs?
We live in a society full of advertising messages. Many electricity companies promise the biggest savings, offering unbeatable prices for the best tariffs, but is
El gobierno revisa la orden anti-desalojo y protege a los ocupantes ilegales vulnerables, incluso si cometen delitos
The government has made important changes to the regulation, seeking to protect vulnerable families on alert (until 9 May). This change, which comes as a
The importance of the change of owner in the electricity supply in a rental
Every time a tenant leaves the house or enters a residential area, changing ownership of the supplies is an important and sometimes tedious process. But
The arrival of the Covid vaccine19 will increase bookings on the holiday rental market in 2021
The holiday rental market has been affected by the 2020 coronavirus pandemic and the entire tourism industry. So far, compared to previous years, restrictions and
What is the 3% retention on the purchase price from a non-resident
If you are buying a property in Spain from a person resident abroad, before going to the notary’s office, you should know that the taxes
Spanish government prepares a decree to postpone evictions
The coalition government is negotiating the drafting of a law on a royal decree that extends the suspension of housing evictions until the end of
According to the Lease Negotiation Agency: Housing investments benefit a person more than a company
En los últimos años, la vivienda de inversión ha sido una de las opciones más atractivas. Debido a los rendimientos más bajos de los depósitos y bonos, y la alta volatilidad del mercado de valores, muchas personas han saltado a las filas de la compra y el alquiler de casas.
Greater control by the Treasury and the pandemic are turning hundreds of holiday rentals into long-term rentals
Following the setback of the Supreme Court ruling that annulled the model established to control tourist rental income, the Ministry of Finance is now finalizing
The Port of Torrox is one step closer to becoming a reality
The Councillor of the Presidency, Public Administration and the Interior of the Andalusian Regional Government recently visited the town during his official visit to the
The UE High Court agrees to control holiday rentals if there is a shortage of residential rentals
The Grand Chamber of the European Court confirms the rule in France, which requires authorisation from local authorities to allow tourist rentals. The European Court
WHAT TO DO IF SOMEONE OCCUPY YOUR HOME?
Occupation of a dwelling that is neither consented to nor tolerated is not a title to possession of a dwelling, nor does it find any
New blow to the banks and the Spanish Supreme Court, the European High Court rules in favor of full refund of mortgage expenses
Another very interesting ruling is given by the European High Court on 16 July 2020. In the judgment with joined cases C-224/19, C-259/19, it rules
How is the mortgage and house rent moratorium like?
The government has decided to extend the package of social measures it has already decreed in the midst of the coronavirus scare. These include extending
Two university students from Malaga patent a screen for the hotel industry to gain capacity without neglecting the protection against the Covid-19
Two university students from Malaga patent a screen for the hotel industry to gain capacity without neglecting the protection against the Covid-19 Alberto Domingo (19
What will deconfinement be like for real estate agencies?
The deconfinement measures announced by the Government envisage the staged re-activation of economic and business activity in several phases. But how will we apply them
How to terminate your energy contracts before moving to Andalusia?
You’re going to start a new life in the town of Andalusia? How nice! Now all you have to do is terminate your energy contracts
Eight provinces or eight reasons why Andalusia is one of the most popular destinations in the world
Spain is divided into 17 regions that, in their own way, encapsulate the rich diversity of the nation and its people. If the focus were
New EU blow to Spanish banks, now for the IRPH
The European Court of Justice has ruled that IRPH index for mortgages may be abusive. The European Court of Justice (TEU) ruled today, Tuesday 3
Beware of “cyber-scams” in the Real Estate sector
The National Federation of Real Estate Agencies (FAI) warns about cyber-scams in the real estate sector due to the weakness of the housing rental market,
The Constitution Court only changes a slight thing to the royal decree adopted in March 2019 on the subject of long term rentals
And no, it does not affect the duration of contracts or the limitation of guarantees It has only annulled, on the grounds of its unconstitutional
WHAT IF THE PROBLEM WITH THE LONG TERM RENT IS THAT THE SMALL OWNER IS THE ONE WHO IS UNPROTECTED?
According to data from the Ministry of Development, the housing stock in Spain is estimated at almost 26 million homes at the end of 2018;
What to do if you have problematic tenants
Renting a property is always a challenge, both for tenants and owners. So important is to find a good landlord as with a good rented.
El Acebuchal, the village between Cómpeta and Frigiliana that was abandoned and is now a rural paradise.
El Acebuchal, one of the few Andalusian towns still to be reached by dirt road, emerges among the pines that make up the Natural Park
How to apply for a mortgage?
When we decide to buy a property, the mortgage becomes an essential procedure in most cases. For which at least, we must have 20% of
The Constitutional Court annuls the Plusvalia Tax, if it is greater than the gain obtained from the sale of the property.
The Plusvalia Tax, is the tax that is paid when a house is sold with profits, it is annulled, if the amount exceeds the profit
The deposit contract, what it is and what it should include
The literal definition of the Deposit Agreement “It is a private contract where both parties (buyer and seller) agree on the reservation of the sale
Study reveals relationship between housing price rise and vacation ownership
In order to find out whether the increase in the number of tourist accommodation that has recently taken place in many Spanish cities is one
The Governing Council approves the decree law that will solve the problem of irregular housing (Axarquia)
The Council of Government has approved the Decree Law of Urgent Measures for the Environmental and Territorial Adaptation of Irregular Buildings, which aims to resolve
The Andalusian Government agrees a plan with 112 measures to minimize the effects of Brexit
The Governing Council has approved an Andalusian Programme of Preparatory Measures for the United Kingdom’s withdrawal from the European Union, which includes 112 preparedness and
The president of La Junta de Andalucía is committed to solving the irregular situation of 300,000 properties
Recently, the president of the Junta de Andalucía, Juanma Moreno, reiterated the firm commitment of the Andalusian Government to families in possession of a house
Costa del Sol leads in second home prices in Spain with hard Brexit coming
The market for second homes in Spain continues to grow this summer with a notable increase in both local and foreign demand. In this sense,
Spain declared the healthiest country in the world in a study by Bloomberg
Spain is the healthiest country in the world, at least that is what Bloomberg, the famous news agency for financial institutions, has announced. Bloomberg Healthiest
REASONS TO BUY A PROPERTY IN NERJA OR TORROX COSTA
[vc_row][vc_column][vc_column_text]There is no denying that the southern coast of Spain is one of the most popular places when it comes to people looking for property.
Electric self-consumption continues increasing
In 2018, electricity self-consumption increased by 80% with respect to the previous year. The so-called energy poverty, is one of the major problems facing the
Tips to improve the appearance of the property to sell
Selling a property is a process that usually takes an average of about eight months. But it can take much longer if the house doesn’t
What to do before undertaking a work in Torrox?
Often customers ask us about building regulations here in our area. This is a guide that can help you if you are thinking of doing
A non-recycled air conditioner generates the same amount of CO2 as 250 cars circulating daily.
Coinciding with World Recycling Day, which is celebrated on May 17, Agremia (Association of Enterprises in the Installations and Energy Sector) has highlighted the opportunity
What to value when pricing your property
If you want to sell a property, the first step is to put a price on it. When it comes to valuing a property, having
The new government of the Junta de Andalucía reduces the Transfer Tax (ITP) to large families
The new government of the Government of Andalusia, has agreed a reduction of ITP (second hand housing) and AJD (brand new housing), to large families.
Which rental regulations should be applied according to the date of the contract?
With the validation on April 3, 2019 of Royal Decree-Law 7/2019, of March 1, ends the show or dance of the Royal Decrees initiated in
Pound to Euro rate news, to help you buy Torrox or Nerja property
Do you intend to buy real estate in Torrox this year? If so, before you sit yourself down on the beach, sangria in hand, to
Reasons why you should move to the Costa de Málaga, and leave it all behind
More than 300 days of sunshine per year On the coast we have a wonderful climate with more than 300 sunny days a year. When
GREEN LIGHT FROM JUNTA DE ANDALUCÍA FOR THE CONSTRUCTION OF TORROX-NERJA PORT
The managing director of the Public Ports Agency of Andalusia (APPA), Rafael Merino, visited on Wednesday the location where the future construction of the marina
What is the selling of “la nuda propiedad?”
With the future looks more than black when we talk about our retirements, and with the ridiculous increases of the same in the last years,
Keys to choosing a mortgage, March 2019
Fixed-rate mortgages are undergoing a major revolution in the real estate market. This ranking of the best fixed-rate mortgages in 2019 compares the interest rates,
Brussels opens an infringement procedure against Spain for discriminating against foreign rental owners
Commission gives two months for foreign owners to also benefit from 60% deduction on personal income tax The European Commission announced on Thursday the opening
NEW RENT DECREE, DOUBTS?
The Spanish outgoing Government has approved a new rental decree that extends contracts from 3 to 5 years (or 7 if the lessor is a
NUEVO DECRETO DEL ALQUILER, ¿DUDAS?
El Gobierno ha aprobado, de nuevo, tras el varapalo que le dió el Congreso en Enero, un nuevo decreto de alquiler que alarga los contratos de 3
Spanish government will try their best to make British feel comfortable after a non agreement UK-UE Brexit
You can check the whole decree here The Spanish government will work to make things easier for British residents in Spain, even those without permanent
THE NEW MORTGAGE LAW, ALMOST A REALITY
These are some of the main measures contained in the real estate credit law, which Congress approved this Thursday. From the moment the law is
Andalusia, that enormous set that Cinema needs
It is nothing new that our community is a small representation of our planet, since in a little less than 8 provinces, except the jungle,
THE NEW RENT LAW IT’S BEING REJECTED AT CONGRESS, SO, WHAT NOW?
Yes, after it was approved by decree law (which is only allowed in case of special urgency, and what has become this government, passing many
TRIP TO DEEP ANDALUSIA, ROUTE OF THE BANDIT, JOSÉ MARÍA “EL TEMPRANILLO”
Well, today we need to travel to the deep Andalusia, the almost unknown, which still resists to leave customs and habits that are already history.
The keys to the new rental law
The Government has approved a Royal Decree Law of urgent measures in the matter of housing and rent that modifies, together with other norms, the
NERJA, PARADISE OR FALSE HELL?
First of all, to indicate that what I write in this blog, in this case is an opinion, and not necessarily mine, but rather a
Tax office ready to go to for owners of holiday rental apartments that work with AiBNB, Homeaway or Booking.com
Next January, the Tax Administration will begin to receive data with relevant information on the identity of the real owners of homes rented for tourism
The fixed mortgage, a new hope for Spanish banks
Mortgages have once again become the star product of banks. With a property market in full growth, and a climate of pseudo euphoria, the financial
A court obliges a bank to assume the costs of cancelling the mortgage.
The bank must assume the cost of the registered cancellation of the mortgage. This was established in a recent ruling by the Bizkaia Provincial Court
Novelty in the New Mortgage Law, in the matter of evictions
The foreclosure or seizure in the new Mortgage Law which, as we have already commented recently, is being processed by Congress, will be from 12
Possible legal exit to dwellings in La Axarquía, built on undeveloped land
Owners who in good faith purchased a home on land not developable, have found an escape route to get these are considered legal out of
The new Mortgage Law brings another “blow” for the bank, has to pay for notary and registration fees
The government is preparing a new Mortgage Credit Law, and plans to transfer to the entities all the notary and registration expenses necessary to sign
Lucena, The Pearl of Sefarad, shining with its own light
I want, and I must talk about my city, the one that saw me be born and grow, and in which I started my career
The new Spanish government measures affecting the real estate market
Recently, and with all is falling, and I am not exactly referring to the storms that we are suffering in recent days, the current government
DICTIONARY OF SPANISH REAL ESTATE TERMS
When we are about to buy or sell a property, normally, by having conversations with both the bank and professionals in my sector, we usually
New attempt to start up the Torrox/Nerja marina
Torrox, September 20, 2018 – The spokeswoman of the popular government team in the Torrox City Council, has claimed today “the need to establish a
HOUSEFLIPPER, YOUR GAME FOR PC IF YOU LIKE THE REFORMS OF THE HOME
Recently released on the Steam games platform, House Flipper, is a video game in which we buy homes in dilapidated condition and transform them until
History
No es mi intención que este blog se convierta en un lugar para difundir chismes o rumores, pero, en el día a día, los que
Zuheros, that popular unknown (Córdoba)
[vc_row][vc_column][vc_column_text]This blog, not only aims to be a window of information on the real estate market, but, with my knowledge of Andalusia, I also want
Of the 20 most beautiful villages in Spain, 3 are less than 3 hours away from Nerja/Torrox.
[vc_row][vc_column][vc_column_text]Recently, the online searcher Trivago, has made a selection, very “sui generis”, because fortunately, it is very difficult to make an objective selection of only
Going on to discover Deep Andalusia
[vc_row][vc_column][vc_column_text]Andalusia seems to have everything; mountains, snow just a stone’s throw from the beach, an almost eternal sun, a rich and diverse cultural and monumental
Farewell to the mortgage opening commission in Spain?
After three different courts, one in Madrid, another in Vitoria and the last one in Toledo, these payments are declared null and void. They consider
Granada Airport, so close and with new connections
The airport of Granada-Jaén begins September with the novelty of opening two new international destinations, Berlin and Naples, with the company Easyjet. Therefore, with these
Spectacular The campaign to make the espeto a World Heritage
#Espetacular #Unesco #Espeto #Sardinas #Malaga The Diputación de Málaga, together with Carta Malacitana and the active Marbella Association, have presented the Espetacular campaign which aims
