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Cadastal Value of your home

Understanding the Impact of Cadastral Valuations on Selling Property in Spain

Cadastral valuations play a pivotal role in the buying and selling process. A cadastral value is the taxable value of a property, assessed and determined by the local municipal authorities. These valuations serve as the baseline for calculating property taxes, known as the “Impuesto sobre Bienes Inmuebles” (IBI), and are crucial for other fiscal obligations. …

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The Current State of the Housing Market in Granada Province, Spain

Nestled amidst the breathtaking landscapes of Andalusia, the province of Granada is a treasure trove of history, culture, and natural beauty. Its magnetic charm has not only captivated tourists but has also drawn the attention of property seekers looking to invest in the diverse real estate market of the entire province. In this blog post, …

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Rental prices in Spain

Rental prices in Spain are set to see huge increases.

Rental prices in Spain are due to to increase by over 6% in 2023 In recent years, Spain has witnessed a significant increase in rental prices. However, the situation is about to get worse, as landlords are leaving the rental market. This trend is mainly due to concerns about okupas (unauthorised occupiers) and the new …

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Ballons showing a percentage sign

Limits to rental price increases in Spain. What has changed and how does it affect you in 2023?

The property industry has also been impacted by the large rise in inflation that was experienced in 2022. Rental prices, especially in large cities in particular have seen significantly increased rental prices, often substantially above the CPI. In reality, until recently, the CPI served as the foundation for price updates. However, new restrictions were applied …

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Currency Exchange News December 2022

This week’s Currency Exchange News 12th December 2022

The world’s top central banks are set to wrap up 2022 with hefty rate hikes as their battle against inflation continues. With expectations for a half-point hike from the Federal Reserve at Wednesday’s meeting already baked in, investors will instead be focusing on indications of how high rates may ultimately rise. Meanwhile, the Bank of …

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