The housing crisis in Spain is no longer just a concern. It’s an emergency. And the most alarming part isn’t that we’ve reached this point, but that those with the power to act remain frozen—trapped by ideology, bureaucracy, lack of political will, and, let’s be honest, incompetence and short-sightedness. Where is the government when it’s […]
Spain’s Constitutional Court has taken a major step that could shake up how property taxes are calculated. It has admitted for review a legal challenge against the controversial “reference value” (valor de referencia) used as the basis for calculating key taxes like the Property Transfer Tax (ITP) and the Inheritance and Gift Tax (ISyD). 📌 […]
The current housing situation in Spain is simply shameful. For the first time since official records began, the average price per square meter of subsidized housing exceeds €1,170 across the country. And what is most scandalous is that in eleven provinces, this type of supposedly affordable housing is even more expensive than private housing. What […]
A recent ruling by the Provincial Court of Madrid has once again brought into the spotlight the growing conflict between owners who rent out homes for tourist use and neighborhood associations that are trying to put a stop to this practice. The court has rejected the request of a community that sought to prohibit the […]
In the real estate sector, it is widely recognised that the tax burden has a significant impact on the final price of a property. Various studies have indicated that taxes can represent up to 25% of the total cost of a property, which is a determining factor in the accessibility and affordability of the real […]
When purchasing or renovating an old home, it is essential to ensure that it complies with current urban planning and habitability regulations. To this end, the first occupancy licence is an essential procedure, both for the safety of future occupants and to ensure the legality of the property. What is the first occupancy licence? This […]
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 […]
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 […]
Closing the Deal Once you have selected your future home, the closing process involves the signing of several contracts as it progresses: -Earnest money contract: This act represents the reservation of the home and requires a down payment. Failure to comply carries penalties for both parties and establishes deadlines and forms of payment to complete […]
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 […]
