Young Spanish people continue to have problems to gaining access to housing, whether it is owning it or renting it. This is the conclusion that has been reached in a report shown, some weeks ago, by the real estate portal Fotocasa and called The Young and the Housing Market. This report states that 62% of …
When purchasing a house there are a number of taxes and expenses which must be added to the mortgage payment and so must be taken into account. Sometimes, when one thinks of the amount of money that must be used to purchase a house, usually only the mortgage is considered in the cost. However, apart …
Nowadays, it is simpler and faster to buy a house without compulsory heirs as it is no longer necessary to wait two years in order to make use of the property. Until this last 3rd. September, Article 28 of the Mortgage Law stated that if a house did not have any rightful heirs (that is, …
The price of housing continues to rise, as the second term of this year shows, with a year-on-year increase of 3,3%. This has meant the highest increase since 2019 (when the coronavirus had still not triggered the crisis), and what is most important: it certifies an ascending period, regarding prices, after having come to a …
It is entirely possible to sell a house with a tenant even though some issues, that will affect the sale, must be taken into consideration. Sometimes, there is a belief that if a property is rented then the owner cannot sell it. However, this is not so, although there are some nuances. There is no …
The Teatro Calderón is located in the very centre of Madrid being one of the most outstanding ones in the city. It is very close to Puerta del Sol and although it is a centenary theatre it continues to host performances as though the years had not passed and being, at present, for the Madrileños …
Spanish people continue to choose housing as their main investment because they believe it to be a solid asset with long-term profitability. Two weeks ago, we wrote an article in this blog about the reactivation of housing in Spain this summer. In that article, we showed the facts and figures of housing deals during this …
The most exclusive streets to buy housing in Spain are nowadays in the Balearics, Costa del Sol and Madrid. According to a study carried out, last month of August, by the real estate portal Idealista, the ten most expensive streets in Spain to purchase a house are located in these three areas. At first, it …
In Spain, housing is reactivated after having gone through very difficult times due to the pandemic. In March 2020, the coronavirus nearly paralyzed real estate deals in our country. Nonetheless, a year and a half later we can speak about a clear recovery especially if we take into account the facts and figures shown by …
The 1920s was a time when the Madrileños were trying to put behind the First World War whilst looking to the future with hope. In those days, in the capital city, 8.000 vehicles were on the roads as well as hundreds of trams and had a population of 800.000 inhabitants. The horror of the war …
A recovery in the property market is expected this summer with the purchase of secondary residences as well as with the return of foreign investors. Real estate analysts are optimistic but they also advise us to go step-by-step and never take anything for granted. Such uncertainty is due to the health crisis we have gone …
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