Spanish Property News

04 April 2016

Euribor in Negative Figures for Second Consecutive Month

The Euribor, the rate used to measure the majority of mortgages taken out in Spain, has made history. For the second month in a row it has registered negative figures at the end of the month. Just a...

31 March 2016

January Sees a 10.6% Rise in Mortgages Granted

This year has got off to an excellent start with regards to property sales, new construction and the granting of new mortgages. The number of new mortgages granted in January this year reached 23,275...

29 March 2016

Property Sales Expected to Rise 20% This Year

The forecast for the residential property market in Spain for this year couldn’t look more promising, according to leading global real-estate consultants CBRE. In the company’s latest report experts...

29 March 2016

How Long It Takes to Sell Your Property Depends on Where You Live

We are all in agreement that the property sector has recovered from the economic crisis, which suffered its worst years in 2012 and 2013. House prices are slowly rising, albeit they are rising a lot...

25 March 2016

If You Live in Rented Accommodation Hacienda May Chase You for ITP Tax

Probably the first question on most people’s lips after reading this headline is, “What is the ITP tax?”. And that’s a very good question. ITP stands for Impuesto de Transmisiones Patrimoniales, or...

23 March 2016

Is City Life Calling? Find Out Where’s Cheap to Rent and Where’s Not

If you are thinking of moving to the city, or even changing from one city to another, maybe you should give a thought to how much you should expect to pay when it comes to renting a property....

08 March 2016

Property Purchases Take a Dive in January

The fact that the number of property purchases took a small dip in the first month of the year when compared to the same month 12 months previously is most likely nothing to worry about. According to...

07 March 2016

Lowest Fixed-Rate Mortgage Offered by BBVA

Fixed-rate mortgages are not the most popular type of mortgage taken out by those wanting to purchase a home. However, since interest rates have been so low over the last couple of years, the number...

01 March 2016

Mortgage Concessions Increase Every Month of the Year in 2015

December 2015 was the icing on the cake in a year when according to the National Institute of Statistics, the number of mortgages granted rose every month from the year before. During the last month...

29 February 2016

Spanish Banks Start to Protect Themselves from the Negative Euribor

There has been talk about the Euribor entering negative figures for a few months now, but in all fairness, I don’t think that experts in the financial field actually expected it to happen so quickly...

26 February 2016

The Demand Now Is for Bigger Houses

During the property boom, which for most seems like a very long time ago, the demand for various types of property was very different to how it is now. Due to the way in which property prices had...

19 February 2016

Spain Will Be Third Country in the EU Where House Prices Rise the Most This Year

In a recent report published by the European Commission, Spain and Ireland, two of the countries to be worst-hit by the property crisis, will see house prices rise quite substantially over the next...