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 […]
Homeowners considering selling or renting their properties should be aware of a new European regulation that introduces an additional requirement related to energy efficiency. Complying with this regulation will be essential both for signing a sales deed and for formalizing a rental contract. Until now, it was sufficient to have a valid Energy Efficiency Certificate […]
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 Minister for Housing and the Urban Agenda, Isabel RodrÃguez, has confirmed that she is already working with the Ministry of Industry and Tourism, and wants to add Economy and Finance for the regulation of tourist flats, hand in hand with local administrations. to guarantee the social function of housing, and in the case of […]
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 […]
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 […]
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 […]
For many people, the acquisition of a home represents one of the most crucial goals in their lives. This action provides a significant sense of security. However, it is often necessary to apply for a bank mortgage to carry out this transaction. Although the bank charges interest, it may also have decided that we bear […]
The Court of Justice of the European Union (CJEU) could annul approximately one million mortgages referenced to the IRPH index, which would imply the return of 25,000 million euros. This week is the last chance for more than one million Spanish households seeking to recover the money overcharged by banks for using the IRPH index […]
