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According to experts

According to experts

According to experts, the increase in prices for secondary housing in 2019 is less than 5%. For comparison, in 2018, the price increase was 8%. If you recall the prices of 2007, the cost of one square meter in Spain was 3,000 euros. It’s a significant amount of money. But during the last year, real […]

Foreigners make up to 20% of real estate purchases in Spain

Foreigners make up to 20% of real estate purchases in Spain

According to the General Council of Notaries the purchase of housing by foreigners in Spain reaches 20% of the country’s total market. This number has already been registered during the first semester of last year. 43,000 deals were accomplished and it’s the largest number of deals per semester since 2007. This is an all-time high, […]

President of the Government of Spain Pedro Sanchez proposed a new state plan for the housing rehabilitation

President of the Government of Spain Pedro Sanchez proposed a new state plan for the housing rehabilitation

The plan for rehabilitation and reconstruction of houses will be of great importance in the new government program. This is supported by the latest proposal of the President of the Government Pedro Sanchez, who suggested implementing a state plan for the housing rehabilitation. 400 million euros will be allocated for the implementation of this project […]

Mortgage index (IRPH)

Mortgage index (IRPH)

General Counsel of the European Court of Justice Maciej Szpunar stated that the use of the mortgage index (IRPH), which was used for approximately one million previously approved mortgages in Spain, should be considered illegal. IRPH is the official index created by the Bank of Spain in 1994. It is calculated with the average interest […]

Mortgage expenses guide

Mortgage expenses guide

In December 2015 the Supreme Court declared inappropriate the banks’ attitude with regard to the costs of processing to obtain mortgages that used to be an entire responsibility of borrowers. Judicial practice has established that certain expenses should be divided fifty-fifty between the lender and the borrower. What are the mortgage processing expenses? – Housing […]

Rent-to-own

Rent-to-own

We continue with a very topical, as it turned out, subject of buying property in Spain. So, today we are introducing you to another way to fulfill your dream and buy an apartment. This is known as “rent-to-own”. This is what gives an alternative to many owners and tenants who can’t make a decision about […]


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