by Mark Nichols | Apr 19, 2023 | Uncategorized
IBI stands for Impuesto sobre Bienes Inmuebles in Spanish, which translates to tax on property goods, but it also goes by the name SUMA depending on where exactly in Spain you live. It’s effectively a local property tax that has to be paid once a year by all property...
by Mark Nichols | Apr 12, 2023 | Uncategorized
Property prices in Spain have risen by 7.3 percent new figures revealed last week, which also showed a trend for buyers purchasing houses with cash at the start of 2023. New data from Spanish housing portal Idealista shows that house prices in Spain have continued to...
by Mark Nichols | Apr 5, 2023 | Uncategorized
Sometimes inheriting a property can be great news. Other times, it can come with some complications. Often it can mean inheriting the mortgage too. In Spain if you inherit a property, you also inherit the mortgage (and any other fees or debts it might have). Put...
by Mark Nichols | Mar 29, 2023 | Uncategorized
If you buy a property in Spain, you will immerse yourself in Spanish culture and will find the Spaniards love a Fiesta (party) and are passionate when it comes to religious celebrations. Holy Week (Semana Santa) which runs from 2nd to 9th April 2023 is the biggest...
by Mark Nichols | Mar 22, 2023 | Uncategorized
When approved, Spain’s new housing law is likely to see some property owners being charged extra for keeping their homes empty. But will the average foreign second homeowner in Spain be affected? After months of negotiations, Spain’s housing law or Ley de Vivienda is...
by Mark Nichols | Mar 15, 2023 | Uncategorized
A common question we are asked when people are looking to buy a second home in Spain is – can I rent out my apartment in Spain on Airbnb or other short-term rental websites? The answer depends on many different factors and whether your community of neighbours can...
