The current landscape of the Spanish real estate market, particularly the residential rental sector, has been experiencing significant changes in recent months, largely driven by a combination of economic factors, including inflation and a shortage of housing supply. This situation has led to increased profitability for property owners who rent
Cancelling a mortgage in Spain is a process that many property owners may find confusing, particularly because it involves more steps than just repaying the outstanding loan amount. It’s essential to understand that while paying off the mortgage eliminates the debt itself, there are additional legal and administrative steps required
The process of buying a property through the acquisition of a company in Spain can be complex, particularly when it comes to understanding the tax implications. The main issue revolves around whether the transaction is subject to VAT (Value Added Tax) or ITP (Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos
During the recent years 2021, 2o22, and 2023, a high volume of USA citizens are changing their USA residence to Spain, being Costa del Sol one of the most popular destinations to reside. These are the main reasons: Lifestyle and Climate: The allure of the Costa del Sol lies in
Cost of living Valencia is a relatively affordable city to live in, especially in comparison to other popular cities in Europe like Barcelona or Madrid. A study by Numbeo found that the cost of living in Valencia is 30% lower than in New York City and 15% lower than in