The European Union, Britain and Spain yesterday agreed to end border controls between Gibraltar and Spain, settling one of the final pieces of the Brexit puzzle. The European Union (EU) and Britain reached an agreement on the status of the overseas territory of Gibraltar on Wednesday which facilitates border crossings and ends years of political uncertainty. What Changes The deal removes the border fence between […]
Spain’s housing market is losing steam – but the full picture depends on where you’re looking. Spain’s housing market momentum has begun to wane, with provisional data from the Land Registry revealing more than 53,600 home sales in April 2025—a modest 0.4% increase from the previous year. This marginal growth represents the smallest year-over-year gain since June 2024, signalling a marked deceleration from the robust […]
For once, the Spanish PM is asking for something we want: actual historical sales prices for a property in Spain. Pedro Sánchez is urging for greater access to real estate data already held by various public institutions. In a letter to the regional governments, Sanchez proposes to establish a comprehensive public database encompassing rental and sale prices, as well as other housing market indicators. Yes please. […]
Starting 1 July 2025, Spain will implement a mandatory national registry for short-term rentals, encompassing tourist accommodations, seasonal leases, and room rentals. This initiative, part of the Real Decreto 1312/2024, aims to enhance transparency and oversight in the rental market. Key Details: Mandatory Registration: All short-term rental properties must be registered in the new system. Without a registration number, listings cannot be advertised on platforms […]
In January Sanchez dropped a bomb, mentioning an ambiguous 100% tax on non-EU buyers. This week, Spain´s housing minister, Isabel Rodríguez announced the new tax with the catchy title of “Impuesto Complementario Estatal sobre la Transmisión de Bienes Inmuebles a no Residentes en la Unión Europea” and we have all connected the dots, but, as far as I can see there is no mention of […]
Spain has formally introduced a controversial new housing bill that includes a potential tax targeting non-resident non-EU property buyers. While some media refer to it as a “100% tax,” the actual rate remains unclear. The bill needs parliamentary approval, which is uncertain, and may conflict with EU laws. If passed, it could be enacted as early as June 2025. For now, it’s wise to monitor […]
According to a Fotocasa analysis, 62% of Spaniards have either used or are considering professional real estate services for property transactions. Of these, 43% have already employed such services, while 19% are contemplating future engagement. Expediting the sale or rental process emerged as the primary motivation (44% of respondents). Additional reasons include: Setting realistic and objective pricing (33%) More selective buyer or tenant screening (32%) […]
The short-term rental market on the Costa del Sol in Andalucía, Spain has undergone significant regulatory changes in recent years, requiring all stakeholders to adapt to new compliance requirements. Industry expert Alfredo Bloy-Dawson, Swish Marbella owner Karen Ayat Issa , and local lawyer Sebastian Sebastian-Stewart recently discussed these transformations in the Andalucían context, highlighting key shifts in touristic licenses and operational requirements that impact property […]
Spanish mortgage market shows 11.2% growth in 2024, with 423,761 new home loans registered, according to Spain’s National Statistics Institute (INE). Key findings from INE’s annual mortgage data: Total mortgage value reached €61.73 billion, up 14.2% from 2023 Average mortgage amount increased 2.7% to €145,673 Fixed-rate mortgages dominated the market, representing 63.4% of loans in December 2024 Average interest rate stood at 3.25% in December […]
The proposed 100% tax on property purchases by non-EU, non-resident buyers in Spain is expected to have significant impacts on the real estate market: 1. Decline in foreign investment: The tax would likely make Spain less attractive to non-EU investors, potentially leading to a drop in foreign demand for properties. 2. Market slowdown: Uncertainty surrounding the tax may cause a temporary decrease in property sales, […]