The mayor of Barcelona Jaume Callboni advocates a “change of rules of the game” in the city to manage the lack of housing and the overcrowding of tourists, declaring war on the property speculation. He said real estate speculation "will no longer be a business." Callboni will travel to Brussels this week with other mayors to address the housing crisis. He wants more regulation and he said: no...

Numerous factors influence the situation of selling a house in Spain and in this article we will try to explain why now is a good moment to sell your Spanish property. But first, we must summarize the events which have led us to this conclusion. The alarming shortage of real estate supply in Spain has produced a new inflation of prices. Both, the rental market and the sales market, are in an...

THE Junta de Andalucía has begun the withdrawal of some 2,600 tourist flat licenses following a series of protests by locals in Spain. The regional government is making the move after carrying out a series of inspections to detect illegal holiday apartments last year. The campaign focused on the biggest tourism hotspots, including Sevilla, Malaga, Cadiz, Granada and Jerez. According to Diario de...

THE NUMBER of tourist accommodation in Spain fell by 7.2% in only 3 months between August and November 2024. According to the Spanish National Statistics Institute (INE), this equates to 28,588 lost, bringing the total to 368,295. This is the first time numbers have fallen since the start of 2023, though the volume of holiday accommodations is still the second highest on record. Despite the fall,...

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 lights...

SPANISH bank Bankinter has changed its mind about property prices in Spain this year, saying they will go up by 3% compared to a previous forecast of a 2% fall. It has reported that ‘house prices will rise throughout this year at least in line with estimated inflation in Spain’, although it does not rule out a possible slowdown, In 2023, prices went up 4.2%, compared to the projection that they...

Navigating the complexities of taxes in Spain, including taxes in Spain for residents and non-residents, is essential for anyone looking to optimize their financial obligations. This comprehensive guide delves into the intricacies of the Spanish tax system, offering strategies and tips to maximize tax benefits and minimize excessive taxation. We'll cover everything from filing tax returns in Spain to...

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 should...

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 - 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%...