The new Housing Rent Adjustment Index (IRAV), implemented by the National Statistics Institute (INE), has been criticised by various actors in the real estate market. This index, which replaces the CPI as a reference for the annual update of rental rents, stands at 2.28% for December 2024. The IRAV ‘is not really an index that […]
Reasons for termination of the rental agreement The rental agreement can be terminated for different reasons, both by the landlord and the tenant. Termination by the landlord: Breaches by the tenant: non-payment, nuisance activities, etc. Termination of legal extensions. Need of the dwelling for own use or for first-degree relatives: ‘The landlord may terminate the […]
Buying a home is one of the most important financial decisions in anyone’s life. One of the first questions that arises when starting this process is: ‘What mortgage can I afford? Answering this question is fundamental to avoid an excessive financial burden and to ensure long-term financial stability. From our team of mortgage advisors, we […]
As its social media manager told Libre Mercado, the Platform of People Affected by Squatting has continued to investigate to reveal the large number of flats being sold with squatters inside, confirming the serious problem that exists in Spain, despite the government’s insistence that it is a ‘hoax’. After finding more than 70 ads on […]
The new ICO guarantees, approved by the Government, constitute a line of financing of 2,500 million euros aimed at the purchase of the first home for young people under 35 years of age and families with dependent minors. This government initiative seeks to offer a concrete solution to a complex problem that requires specific instruments […]
“The autonomous regions are overwhelmed by the proliferation of tourist housing. This surge in the Spanish offering was surprising, forcing the implementation of legislation urgently. Here in Andalusia, a new decree has been introduced this week. The regulations, unsatisfactory for almost everyone, raise uncertainties about their effectiveness by transferring responsibility to the municipalities. This decree […]
Is the housing price overvalued in Europe? The technical services of the European Commission have just provided the answer in their recent report, and it’s clear: yes, it is. This applies not only to Spain but to two-thirds of the countries in the European Union, where prices don’t align with income levels. However, there are […]
Acquiring a property represents a decision of enormous importance in any person’s life. It involves a significant change and, at the same time, a considerable investment. It is therefore essential to ensure that all details are well considered. Approaching the purchase of a new-build home in an optimal way requires several essential steps. It is […]
The new proposed regulation for the short-term rental market is about to be approved, and from what is known, it is expected that transparency in the data provided by platforms like Airbnb will be crucial to ensure that irregularities do not prevail in this sector. The position of the State Secretary for Tourism regarding the […]
I am pleased to inform you about recent news that positively affects foreigners investing in property in Spain. The Directorate General of Taxes has reconsidered its position with regard to wealth and wealth taxes for non-residents who have investments in the Spanish property market, either directly (through the purchase of assets) or indirectly (through shareholdings […]
