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 […]
Subprime mortgages are declining: banks are becoming more cautious and demand from buyers with no savings is disappearing. Today, only 44% of homes are purchased through mortgages, and the average loan-to-value (LTV) ratio has fallen to levels similar to 2019. Mortgages exceeding 80% of the value of the property have reached historic lows. Rising interest […]
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 the place where you reside is essential for carrying out administrative procedures and receiving notifications from the municipality. However, do you know what documents you need to register and what […]
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 to the General Council of Notaries, the data for home sales in March 2021 represents a year-on-year variation of 83.72%, or 59,692 transactions. More and more people prefer to sell […]
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 renewable energy or clean energy, is energy produced from 100% renewable sources. It is generated and fed into the electricity grid, where it is difficult to distinguish it from non-renewable […]
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 are many security systems that can prevent certain accidents in the home. Deciding which one is most effective or suitable for your situation or your family can even be complicated. […]
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 sense, it is important to compare their cost and effectiveness in the home, so that in addition to ensuring energy efficiency, the system can also be adapted to the needs […]
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 be launched in November 2020, but due to the crisis caused by the coronavirus, they will be postponed until 1 April this year. This new electricity bill will not have […]
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 that correspond to the seller in this transfer, will have to be paid by you to the Public Treasury. For that reason you will have to withhold 3% of the […]
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 the state of alert, after Congress ruled out changes to Podemos, ERC and Bildu in the 2021 budgets. The House rejected the proposal because it was not a budget issue. […]