by Mark Nichols | Sep 27, 2023 | Uncategorized
Spain’s yearly property tax, known as IBI, varies a lot throughout the country, but in which provincial capitals do people pay the most and where do they pay the least? IBI stands for Impuesto sobre Bienes Inmuebles in Spanish, which translates to tax on...
by Mark Nichols | Sep 20, 2023 | Uncategorized
Spain’s appeal for foreign home buyers endures, despite a 5.6% dip in home sales in Q2 2023 compared to 2022’s record year. Even with the decline, sales could surpass half a million this year. Foreigners played a significant role, accounting for nearly 15% of all...
by Mark Nichols | Sep 13, 2023 | Uncategorized
The Euribor interest rate, the index tied to most mortgages in Spain, has fallen for the first in almost two years. The Bank of Spain has confirmed that in August the 12-month Euribor rate, the index used as a benchmark for most variable-rate mortgage loans in Spain,...
by Mark Nichols | Sep 6, 2023 | Uncategorized
There has been almost a decade of consecutive house price rises in Spain, but the end of 2023 looks set to bring this upward cycle to an end according to property market analysts. Many property experts foresee a fall in prices in Spain in the coming months, though...
by Mark Nichols | Aug 23, 2023 | Uncategorized
British, German and Swiss nationals who earn around €6,000 a month are the standard foreign property buyers in Spain currently, new data reveals. Demand for Spanish properties among foreign buyers continues unabated in 2023, following a 30 percent rise in demand among...
by Mark Nichols | Aug 16, 2023 | Uncategorized
If you’re thinking about buying property in Spain & have previously bought one in the UK, you’ll find a few significant differences in the house buying process between the two countries. 1) You must pay a deposit in Spain In the UK, it’s common for...
