September 7, 2025

Spain Court Levels Tax Rules for Non-EU Property Owners

Non-EU residents renting out property in Spain may now be able to deduct expenses against their rental income. On 28 July 2025, Spain’s Audiencia Nacional (National Court) ruled that this right should extend to non-EU owners, not just EU and EEA residents. What Changed? Non-EU owners were previously taxed at 24% on gross rental income with no deductions. The court ruled this unequal treatment, compared […]

September 3, 2025

Spain: STR Licences Belong to Properties, Not People

A new legal decision in Spain could change how short-term rental licenses work. But property buyers should not get too excited yet. Spain’s Ministry of Justice has ruled that short-term rental licenses are tied to properties, not to individual owners. This means when you buy a property, the rental license should come with it. Why This Matters Many property buyers in Spain want to rent […]

September 3, 2025

“New” Tax Hits Beckham Law Residents

New ruling: foreigners under the so-called “Beckham Law” must pay tax on their primary home in Spain. As I understand it, some courts previously suggested this tax could be avoided, but the Central Tax Tribunal now rules there is no exemption. For estate agents, this affects the total cost for international buyers. High-value clients may see higher annual taxes than expected. Understanding this change helps […]

September 2, 2025

Spain: Sales & Prices (Continue to) Rise

June marked a renewed uptick in property sales in Spain, reversing previous declines.  Notaries recorded 68,128 home sales in June 2025, a 5.9% increase year-on-year (YoY). The average price per square metre in Spain rose 8% to €1,906, a record high for the historical series that began in 2007. Single-family home sales surged 16.2% YoY (with 16,921 transactions), outpacing growth in apartments, which rose 2.9% […]

August 27, 2025

Marbella +17%

Marbella is seeing some of the highest year-on-year price increases in Spain, at +17.2% as at Q2 of this year compared to the same period of 2024. According to a new report by TINSA Marbella’s average price is 29% higher than its provincial capital, Málaga, and 36% above the average for the entire province. This places Marbella among the municipalities with the highest price levels […]

August 17, 2025

Torremolinos: A Strategic Alternative?

The municipality of Málaga City has recently introduced a three-year pause on the issuing of new short-term rental licenses. This decision, aimed at addressing housing supply pressures and resident concerns, has direct implications for investors in the wider Costa del Sol market. One immediate consequence is that investors seeking to operate legally in the short-term rental (STR) sector will need to look beyond Málaga City […]

August 13, 2025

Against All Odds

British people still love Spain, against all odds. British buyers have changed a lot in Spain’s property market since 2007. They used to be the biggest foreign buyers. Now their share has dropped and their reasons for buying have shifted. Two major events hit British buyers hard. The 2008 financial crisis caused a sharp drop in purchases. The Brexit referendum in 2016 made things worse […]

August 13, 2025

Growth Slows in Q2

In the second quarter of 2025, Spain’s housing market showed slower price growth according to Spain’s land registry.  International demand remains strong, especially in coastal regions. National price growth has slowed compared to previous periods. The market shows continued activity despite the quarterly drop in transactions. Transaction Activity Home sales dropped 5.8% compared to the first quarter. Spain recorded 171,078 property transactions. However, sales were […]

August 6, 2025

Why Spain’s Stats Vary (a lot)

In Spain, real estate statistics from the National Statistics Institute (INE), notaries, and the Land Registry often do not align because each institution records transactions at a different stage of the property buying process. The variations you see are a direct result of these different timelines. The Transaction Timeline Signing a Private Contract: A private purchase contract is signed, and a deposit is paid. The […]

August 5, 2025

What Goes Up…

Spain’s property market showed signs of cooling in May 2025, with sales dropping 2.0% compared to the same month last year. The country recorded 62,587 property transactions during the month, according to Spain’s Notaries. This marks the first monthly decline since March 2024, indicating that the Spanish real estate market may be entering a cooler phase after more than a year of growth. In Coastal […]