Spain’s rental market is undergoing significant strain due to recent legislative changes, fundamentally altering the landscape for landlords and tenants alike. The intention behind these laws was to protect tenants and make housing more affordable; however, the effect has been a growing exodus of landlords from the long-term rental market. This shift is largely attributed […]
Rental Crisis in Spain Read More »
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.
Understanding the Impact of Cadastral Valuations on Selling Property in Spain Read More »
Understanding what is happening with international exchange rates is an essential part of buying or selling a property in Spain. With many international buyers it is vital to know how these movements can affect the process, let’s take a quick look at what has been happening this week in the markets The British Pound has
This week’s Currency exchange news Read More »
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,
The Current State of the Housing Market in Granada Province, Spain Read More »
GBP: The British Pound saw a volatile week of trade and opens this morning’s session relatively flat as chaos amongst US and European banks led to readjustments of bets on further monetary tightening from all central banks. In fact, UK stock futures point to a weaker opening than other European markets as investors and traders see
Currency Exchange news 20th March 2023 Read More »
Andalucía Day: Celebrating the Cultural and Historical Richness of Southern Spain Andalucía Day, also known as Día de Andalucía, is an important holiday celebrated in the southern region of Spain every year on February 28th. The day marks the anniversary of the approval of the Andalucían Statute of Autonomy in 1980, which granted the region
What is Andalucia Day? Read More »
This week’s Currency news – Let’s take a quick look at what is happening in the international markets this week and how that might affect the local property market. GBP: Sterling was a middling performer among major currencies last week as recent economic data suggests that the Bank of England may become slightly less aggressive when
This week’s Currency news Read More »
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
Rental prices in Spain are set to see huge increases. Read More »
There have certainly been some ups and down in the currency exchange world at the start of 2023. These fluctuations can have a big impact if you are buying or selling a property here in Spain. here we take a little more in-depth look at what is affecting the most common currencies for buyers and
Currency exchange News 17th January 2023 Read More »
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
