christmas in spain

Spain’s most beautiful Christmas lights

It’s beginning to look a lot like Christmas in Spain as many places have already switched on their festive lights. Some Spanish cities go all out, covering their streets with lots of sparkle and magic. Here are some of the best displays to see during Christmas in Spain. Spain puts on a great show during the festive time of year and many of its cities look especially Christmassy covered in twinkly...

ibi tax in spain

IBI Tax in Spain – What it is and why you should pay directly

What is the IBI Tax in Spain? - Definition: The 'Impuesto sobre Bienes Inmuebles' ('IBI', for short) is a local tax levied by the town hall where your property is located. It is paid once a year (normally due in August through to November) and applies to both resident and non-resident owners. In some parts of Spain it is known as SUMA. IBI Tax - Definition Valor catastral - Definition Why you...

holiday rental prices in spain

Holiday rental prices in Spain grew by 11% in the first quarter

According to the INE (National Institute of Economy in Spain), holiday rental prices in Spain grew by 11% in the first quarter. This evolution of the holiday rental prices in Spain reflects a higher tension in the market that is in line with the recovery of foreign tourism observed in the last year. The housing supply for holiday rental in Spain is estimated at more than 305,100 units throughout the...

properties in malaga

Properties in Malaga attract high-end foreign buyers

Properties in Malaga - Discover why the luxury real estate market in Malaga is so attractive for high-end buyers in Spain... The first few months of 2023 have proven Malaga's growing dynamism in the luxury real estate market. The city has become an increasingly attractive destination for high-end international buyers, driving solid and promising growth in this market. At Lucas Fox, we have seen a 6%...

rental problem in spain

The rental problem in Spain “must be tackled” with more supply, not price limits!

This is according to the CEO of Ibercaja, Víctor Iglesias, regarding the rental problem in Spain. The CEO of Ibercaja, Víctor Iglesias, has stated that the rental problem in Spain "must be tackled" by increasing the supply of rental housing available, "rather than reducing or limiting the amount of rent". He considered that the proposal to mobilise 50,000 Sareb homes for rent to families and young...

Spain's Luxury Property prices

Spain’s Luxury Property prices: Here is how the main residential markets are growing

Learn how Spain's Luxury Property prices are developing and why you should invest now! Spain's Luxury Property prices are closed with an average of €1,921/m2 in 2022, with a year-on-year increase of 5%, according to the year-end report by idealista, the real estate marketplace in southern Europe. In the same period, the price of luxury homes, i.e. those on the market for over €1 m, ended the year with...

Minimalist decoration tips

Minimalist decoration tips for every room

If you are interested in learning how to add a minimalist touch to your home, you're in the right place: take note and put it into practice our minimalist decoration tips. There are many ideas and trends to apply to the world of decoration. Every home should reflect its owner's style and character. Some people like their homes to be extravagant and colourful, while others prefer modern or eclectic, and...

rent under the table

Rent under the table in Spain: Fines and consequences

Learn more about the consequences if you rent a property under the table in Spain. The Spanish Tax Authorities are considering penalties of up to 150% of the undeclared amounts for those who commit this offence. The income received from renting a property in Spain is taxed for personal income tax purposes as real estate capital. However, many people rent under the table – without a contract – to...

Ibiza Javea and Marbella

Ibiza, Javea and Marbella: The Spanish municipalities with the most expensive properties

Ibiza Javea and Marbella JAVEA is one of the three municipalities in Spain with the most expensive properties. That’s according to a recent study from leading quantity surveyor’s firm UVE Valoraciones. The report found that a family would need 15.46 years of income, on average, to purchase a home in the coastal town in Alicante in 2022. The calculation is made by dividing the average market value of...

spain's economy will recover

Spain’s economy will recover from spring onwards, says the Bank of Spain

The deputy governor of the financial supervisor expresses concern over rising food prices. Even so, there are important facts which provide positive expectations that Spain's economy will recover. Margarita Delgado, deputy governor of the Bank of Spain, believes that Spain's economy will recover and "will regain increasing dynamism" from spring onwards as a result of "a series of factors" after a...

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