The rental market is in a period of great uncertainty, with prices reaching historic levels. According to sources consulted, the growing demand is facing a constantly decreasing supply of rental flats, due to factors such as the decline of small investors and the uncertainty generated by the recent implementation of legislative changes in the sector. […]
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 Organization of Consumers and Users (OCU) has expressed its concern about the Housing Act of 2023. Despite being enacted as legislation intended to regulate contractual relations between landlords and tenants for social benefit, the OCU considers that, as far as rental payments are concerned, it establishes measures that can be considered “discriminatory”. The OCU […]
Ceiling fans are an economical and energy-efficient alternative to keep your home cool in the summer season. Combating high summer temperatures becomes a priority and this is where ceiling fans come into play. These devices, which are affordable and energy efficient, are an option to consider to reduce the heat in your home. Faced with […]
Steps to be followed by foreigners to purchase a property in Spain Foreign citizens must follow a series of steps to complete the process of buying a property in Spain, from hiring an expert to obtaining a Foreigner Identification Number (NIE) and opening a bank account in Spanish territory. Engage a professional to provide assistance […]
On average, a single-family house generates almost 90% of its energy consumption by installing ten solar panels. Rising energy prices, combined with inflation and rate increases, have led many families to consider installing self-supply systems, such as solar panels, on their homes. Government incentives and regulatory changes have accelerated the energy transition in our country. […]
The Supreme Court recently issued a ruling, confirming the limitation of effects contained in the Constitutional Court ruling number 182/2021 (STC 182/2021). This limitation implies that those who did not claim before 26-10-2021, the date on which the ruling was issued, will not be able to recover the municipal capital gains tax unduly paid due […]
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 […]
For years, the squatting movement, known as “okupa”, has known how to invade houses and take possession of them, taking advantage of the legal loopholes in Spain. The problem of squatting is growing in Spain, which is why the most conservative parties promise to implement express evictions within 24 hours, following the example of other […]
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 […]
