Spain

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...

How to rent out a property in Spain

If you own a property in Spain and want to rent it out, our simple guide will help you along the way so that you know how to rent out a property in Spain as a foreigner. Perhaps you own a Spanish property or holiday but don't get much of a chance to use it. Having an empty house in Spain is a missed opportunity. You have to pay expenses and taxes, even if you don't use it. On the other hand, renting out...

How to take out a mortgage in Spain as a foreigner or expatriate

Loans for these profiles usually finance a smaller amount and have higher interest rates, as they carry more risk for the banks. Mortgages for foreigners living in Spain, or Spaniards residing in another country, have some differences with respect to ordinary mortgages granted to Spanish citizens residing in Spain. For example, they allow financing of up to 70% of the...

Increasing house prices on the Spanish coast in 2021

The pandemic fails to bring down house prices on the "costas", which are up 0.5%. The sale price of homes on the Spanish coast increased by 0.5% over the last year to 1,751 euros/m2 according to a study published by idealista, the leading real estate marketplace in Spain, Italy and Portugal. The price of coastal homes in the Balearic Islands have risen the most in the last year, with an increase of...

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