Why Spain’s housing market is set to cool this year: ING
A downturn is expected in the Spanish property market due to the rise in interest rates and tighter credit conditions, which could cause property prices to stagnate this year. Research from ING and its economist Wouter Thierie says a crash like the one seen during the...
ECB puts inflation first as it raises rates by 0.5%
Inflation is projected to remain too high for too long across the eurozone. Therefore, the Governing Council has decided to increase the three key European Central Bank interest rates by 50 basis points, to ensure the 'timely return' of inflation to the 2% medium-term...
Costa Brava’s latest homes in the sun
Apartments and terraced houses are due to be completed in January 2025 at Taylor Wimpey Espania’s latest construction development. Named Breeze, this housing project is sited at El Balcon De Finestrat, Alicante, on Spain’s spectacular Costa Brava. Taylor Wimpey...
Spanish advice card puts you ‘in the know’
Citizen’s Advice Bureau Spain is claimed to be “the pathway to all you need to know about living in Spain.” This organisation offers the Spain info Card “which helps you deal with a huge range of potential questions. These include consumer matters, education and...
Sleep all the way to Spain!
Don’t like flying? Then The Sun has reported a new train service that Brits will be able to catch in France and then travel overnight all the way to Barcelona. Although this sleeper service will start in Amsterdam, Brits will be able to take the 1 hour 22 minute train...
Things to consider when getting a mortgage to buy in Ibiza
If you're interested in getting a mortgage to purchase property in Ibiza, there are a few things you should know: Spanish mortgages: Mortgages in Ibiza are typically offered by Spanish banks and financial institutions. Spanish mortgages usually have lower interest...
Your €7 ‘ticket’ to visit and stay in Spain
The European Commission is expected next year to introduce its European Travel Information and Authorisation System (ETIAS) to control travel and staying in EU countries, including Spain. The Commission states: “All-in-all, the ETIAS authorisation will make travelling...
How does the Spanish Golden Visa scheme work?
The Spanish Golden Visa is a type of residency permit that allows non-EU citizens to live and work in Spain. It is granted by the Spanish government to those who invest in Spanish property or other assets. The visa scheme is popular with British people buying in...
How much deposit would you need for a 1 million euro house in Spain?
The amount of deposit you would need for a 1 million property in Spain depends on the loan-to-value (LTV) ratio set by the lender. In Spain, the maximum LTV for non-residents is typically around 70%, which means you would need to provide a deposit of at least 30% of...
Searches for holiday homes in sunny Spain are soaring
Even more Brits are searching online for Spanish overseas property according to the latest figures from Rightmove.co.uk. Rightmove's latest research shows that the number of buyers contacting estate agents across Spain was 36% higher in April 2022 than a year ago....