Property in The Nomad Today

Facades of residential buildings in Barcelona. Photo: Ⓒ The Nomad Today.

PROPERTY

Number of mortgages on homes grows at a good pace in Spain

The Nomad Today 4/27/22

Experts say that more and more investors are buying homes in Spain, paying in one lump sum and using the homes as a safe haven for their money, with a view to renting or reselling them in the future.

IRPF CAMPAIGN

How owning or renting a home in Spain affects the 2022 income tax return

The Nomad Today 4/6/22

All taxpayers who own a property must include it for information in their personal income tax return

28/03/2022. Prime Minister Pedro Sánchez greets the first and second vice-presidents of the Government, Nadia Calviño and Yolanda Díaz, upon their arrival at the third 'Generation of Opportunities' meeting held in Madrid. Photo: La Moncloa.

PROPERTY

Spanish government limits rent increases to 2% for 3 months

The Nomad Today 3/29/22

In February, the average increase in rents in Spain was 53 euros more per month as a result of the 7.6% rise in the Consumer Price Index

Residential homes in Hondarribia. Photo: Pablo Morilla.

PROPERTY

Home sales rise 31% in Spain

The Nomad Today 3/23/22

This is the third time since the start of the pandemic that home sales exceed the barrier of 50,000 per month

A general view of Valencia's old city. Photo: Pixabay.

REAL ESTATE

Housing prices rise in Spain for the eighth consecutive year

The Nomad Today 3/9/22

Spanish real estate market experts warn that the war in Ukraine will probably accelerate the rise in prices even more, because more and more investors will see housing as a refuge value in…

A general view of the facade of a building in Malaga. Photo: Pixabay.

PROPERTY

The sale of homes in Spain increased by 34.6% in 2021

The Nomad Today 3/7/22

Valencian Community, La Rioja and Andalusia are the regions with the highest number of home transfers per 100,000 inhabitants

Building-facade-house-appartment-by-Pixabay

PROPERTY

Housing loans increase 24% in Spain, record best November in 11 years

The Nomad Today 1/27/22

Three out of four home buyers in Spain finance their purchase with a mortgage

REAL ESTATE

Home sales in Spain remain at their highest level since 2007

The Nomad Today 1/20/22

In the first eleven months (January-November) of 2021, the number of home sales in Spain rose by 34.7% year-on-year

HOUSING

Youth rental subsidy will benefit tenants of rooms up to 300 euros

The Nomad Today 1/18/22

The subsidy, in general, will be granted to people up to 35 years of age whose annual income does not exceed 24,318.84 euros.

ALL THE DETAILS

Requirements to receive the Spanish 250-euro youth rental bonus

The Nomad Today 1/13/22

The new rental subsidy for young people aged 18-35 will be approved by the government on 18 January, but will apply retroactively from 1 January 2022

FILED - 26 December 2021, Spain, Malaga: A couple takes a selfie while kissing at the street in Malaga on a Christmas Sunday. Photo: Álex Zea/EUROPA PRESS/dpa.

HOUSING

Spanish Government delays implementation of youth rental subsidy

The Nomad Today 1/7/22

The 250-euro rental subsidy for young people under 35 years of age should have come into effect on 1 January

Facades of buildings in Madrid. Photo: Pixabay.

PROPERTY

Basic need vs investment: Why home sales in Spain are growing so fast

The Nomad Today 12/15/21

According to the latest data published by the Spanish statistical office (INE), in October 46,242 homes were sold in Spain, which is 22% more year-on-year

A general view of apartments overlooking the river in Girona, Catalonia. Photo: Pixabay.

PROPERTY

Home prices in Spain record their biggest rise since 2019

The Nomad Today 12/10/21

The most recent evolution shows how recently the real estate market has been reinvigorated

A woman walks with a child through the center of Barcelona. Photo: Pixabay.

PROPERTY

Home mortgage signing soars in Spain and sets 10-year record

The Nomad Today 11/30/21

The autonomous regions that registered the highest number of home mortgages signed in September were Andalusia, Madrid, Catalonia

Building facade with balconies in Madrid. Photo: Pixabay.

PROPERTY

Mortgages with the lowest interest rates in Spain

The Nomad Today 11/25/21

According to the Central Bank of Spain, the average price of mortgage loans was 1.57% APR in September, its second lowest value ever

PROPERTY

Requirements, documents requested by Spanish banks to grant a mortgage

The Nomad Today 11/19/21

The bank will want to know the income and fixed expenses of the home buyer before answering whether or not to grant a mortgage

The Minister of Transport, Mobility and Urban Agenda, Raquel Sánchez, at a press conference at the end of the meeting of the Council of Ministers. Photo: La Moncloa.

HOUSING

Spain promotes youth insurance for non-payment of rent

The Nomad Today 11/15/21

The Minister of Transport, Mobility and Urban Agenda Raquel Sánchez announced on Monday the creation of a non-payment insurance for young people

A small fishing village in Mallorca. Photo: Pixabay.

PROPERTY IN SPAIN

Home sales grow 41%, register highest September figure in 14 years

The Nomad Today 11/15/21

The number of sales of new homes increased by 30.1% compared to September 2020 and that of used homes by 43.6%

A view of Port de Soller, in Mallorca. Photo: Pixabay.

DUE TO BREXIT

Germans outnumber Brits as main foreign home buyers in Spain

The Nomad Today 11/11/21

The average house price in Spain was € 1,843/m² in the third quarter, an increase of 2% compared to the previous quarter

Facades of buildings seen from the Plaza Mayor in Madrid. Photo: Unsplash.

PROPERTY IN SPAIN

Changes to municipal Plusvalia tax approved by Spanish government

The Nomad Today 11/8/21

The Ministry of Finance presents the reform of the method for calculating capital gains tax on sales and property transfers. The new regulation establishes two calculation methods and taxpayers will…