Over four in 10 new mortgages are fixed-rate deals
Tue, 23 Apr 2024 01:09:02
A SHARP rise in the number of fixed-rate mortgages in Spain has been reported in the past two years – and they now account for 43% of every new loan taken out.
|
Holiday plans for 2024: Up to €1,500, staycations or Europe, and DIY bookings most popular
Sat, 06 Apr 2024 05:47:03
THE average Spanish resident will spend between €500 and €1,500 on their holidays this year, with three in 10 set to increase their budget from last year and 16% reducing it.
|
Express rail fares slashed by 40% through increase in competition
Thu, 04 Apr 2024 05:35:33
HIGH-SPEED rail services between Spain's largest two cities and France have been snapped up by half a million passengers in less than nine months, reveals the transport board.
|
Spain's post office launches nationwide luggage locker service
Tue, 02 Apr 2024 05:27:06
SPAIN'S State post office has launched a new solution for passing travellers who do not want to lug their suitcases around: Lockers for bags are now provided, with prices depending upon weight.
|
Orange-MásMóvil merger confirmed
Sun, 31 Mar 2024 23:21:54
A MERGER between two key telecommunications providers has now been finalised – Orange and MásMóvil will operate as a single company from April onwards.
|
Cost of living, food and inflation in Spain: The latest from Eurostat
Sun, 31 Mar 2024 11:06:48
FOOD price inflation in Spain is settling down, with the rate of price rises having halved since 2022 – but remains well above the European Union average, according to the latest figures.
|
Housing market shows recovery in January after 12 months of decline
Fri, 29 Mar 2024 23:42:50
AN ONGOING slowdown in home sales in Spain showed signs of recovery in January – the last full month for which figures are available.
|
New childcare support law for Spain: An overview
Mon, 18 Mar 2024 07:00:22
GREATER practical and financial help for parents is on the cards now that a new 'family law' has passed its second reading in the Council of Ministers, with extended maternity and paternity pay, protected time off for childcare, tax rebates, and a revised definition of households eligible for extra support.
|
How to get the best out of Valencia's Fallas festival, according to the experts
Sat, 16 Mar 2024 05:02:54
IF YOU'RE in the Comunidad Valenciana any time between now and the early hours of March 20, you may notice an awful lot of noise and colour on the streets. It's the season for the region's biggest festival, the Fallas – and it's anything but quiet.
|
Customer service law approved: Changes for the better explained
Sun, 10 Mar 2024 10:59:45
A GROUND-BREAKING new customer service law has finally been approved by Spain's Council of Ministers after being shelved for nearly two years.
|
Extra-terrestrial treasure: Prehistoric links to outer space found in Alicante province
Thu, 29 Feb 2024 13:13:40
OUTER space and the Bronze Age do not sit well in the same sentence – they may both have existed at the same time, but anyone based on Earth back then would not have known much, or anything, about what lies beyond.
|
What's new at Barcelona Mobile World Congress 2024?
Wed, 28 Feb 2024 08:25:14
A FIRM annual fixture for fans of the latest technology, the Barcelona-based Mobile World Congress (MWC) never fails to blow visitors' minds with creations they didn't know they needed. And these cutting-edge inventions are not just about ever-more sophisticated mobile phones and similar gadgetry – the futuristic concepts showcased cover all areas of life and work in a bid to make both as easy as possible. In 2019, the MWC even unveiled 'smart hives' for beekeepers.
|
'Style Queen': UK media pours praise on HRH Letizia's elegant attire
Tue, 27 Feb 2024 11:24:15
BRITISH media outlets have lauded Spain's Queen Letizia's effortlessly-elegant dress sense over the past few days as she accompanies her husband King Felipe VI to London.
|
Foreign incomers push population above 48 million for first time ever
Thu, 22 Feb 2024 21:14:24
SPAIN'S headcount has risen to its highest figure in history – for the first time ever, the population has broken the 48 million barrier.
|
One in three homes bought without a mortgage
Tue, 13 Feb 2024 13:30:44
MORTGAGE-LENDING has reduced dramatically in Spain in the past year, but that has not stopped homes on sale being snapped up: Over a third were purchased in cash, according to the latest figures.
|
|
Pound euro exchange rate knocked by dovish BoE Bailey comments
Sun, 21 Apr 2024 08:00:00 +0000
The pound euro exchange rate faced a notable setback this week in response to dovish comments from Bank of England (BoE) Governor Andrew Bailey. Pound rocked by BoE rate cut uncertainty The pound euro exchange rate initially firmed this week. The single currency stumbling in response to dovish comments from several European Central Bank (ECB) […] The post Pound euro exchange rate knocked by dovish BoE Bailey comments appeared first on Spanish Property Insight .
|
Pound euro exchange rate hits one-month high as ECB signals coming rate cut
Sun, 14 Apr 2024 07:05:37 +0000
The pound euro exchange rate struck a one-month high this week after the European Central Bank (ECB) opened the door to a June interest rate cut at its latest policy decision. Euro slumps as ECB preparing to loosen monetary policy After touching a two-week low last week in the wake of a lower-than-forecast UK services […] The post Pound euro exchange rate hits one-month high as ECB signals coming rate cut appeared first on Spanish Property Insight .
|
Spanish government blames speculators for demise of Golden Visa
Sat, 13 Apr 2024 09:13:31 +0000
The Spanish government say speculation, gentrification and “excessive demand” justify terminating the Residency by Investment scheme for property investors, popularly known as the Spanish Golden Visa. The plug is finally being pulled on the real estate part of Spain’s Residency by Investment, or so-called Golden Visa scheme, whose days have been numbered ever since the […] The post Spanish government blames speculators for demise of Golden Visa appeared first on Spanish Property Insight .
|
How to file a 3% tax rebate on the sales proceeds of your Spanish property
Sat, 13 Apr 2024 08:14:28 +0000
Raymundo Larrain explains how non-resident sellers are entitled to a tax rebate on their sales proceeds. Introduction Non-residents selling property in Spain undergo a 3% retention which is practised on the sales proceeds. This money is withheld by the buyer (or his lawyer) which is then transferred to the tax office. Unbeknownst to most people, […] The post How to file a 3% tax rebate on the sales proceeds of your Spanish property appeared first on Spanish Property Insight .
|
Pound euro exchange rate slides despite cooling Eurozone inflation
Fri, 05 Apr 2024 16:27:32 +0000
The pound euro exchange rate trended broadly lower this week, despite data showing that Eurozone inflation cooled more than expected last month. Pound knocked by service sector slowdown The pound euro exchange rate opened this week on the front foot. Sterling was supported by a revision to the UK’s latest manufacturing PMI, which showed the […] The post Pound euro exchange rate slides despite cooling Eurozone inflation appeared first on Spanish Property Insight .
|
Catalonia’s third attempt at rent controls gets off to a rocky start
Fri, 05 Apr 2024 16:17:34 +0000
The Catalan government has implemented rent controls in most of Catalonia’s populated areas and capital city Barcelona, causing an immediate collapse in rental housing investment that will only exacerbate housing access problems in the region. On the 16th of March 2024 Catalonia imposed rent controls in the 140 municipalities where almost all the population lives, […] The post Catalonia’s third attempt at rent controls gets off to a rocky start appeared first on Spanish Property Insight .
|
LA PIEDRA PODCAST EP11: Review of foreign demand in 2023
Thu, 04 Apr 2024 16:30:14 +0000
In this episode of ‘La Piedra’ Sean and Mark review the numbers of foreign buyers in 2023 by nationality and Spanish region, discuss the factors that might be driving those numbers, and ask where the market might be heading in 2024, all with the benefit of Sean’s experience at the coal face and Mark’s analysis […] The post LA PIEDRA PODCAST EP11: Review of foreign demand in 2023 appeared first on Spanish Property Insight .
|
Pound euro exchange rate wavers on mixed EUR data
Sun, 31 Mar 2024 18:16:14 +0000
The pound euro exchange rate was trapped in narrow range this week as the only trading impetus came from some mid-tier Eurozone data. Euro undermined by uneven data The pound euro exchange rate opened this week on the front foot. Sterling was buoyed by data suggesting that UK retail sales volumes rebounded for the first […] The post Pound euro exchange rate wavers on mixed EUR data appeared first on Spanish Property Insight .
|
Democratic Memory Law: Spanish nationality for International Brigade volunteers and their descendants
Sun, 31 Mar 2024 17:59:13 +0000
Del Canto Chambers explain how International Brigade volunteers who participated in the Spanish Civil War, and their descendants, can obtain Spanish citizenship if they apply before October 2025. The Democratic Memory Law (Ley 20/2022, de 19 de septiembre, de Memoria Democrática) allows descendants and volunteers of the International Brigades who participated in the Spanish Civil […] The post Democratic Memory Law: Spanish nationality for International Brigade volunteers and their descendants appeared first on Spanish Property Insight .
|
Pound euro exchange rate crashes following BoE’s dovish shift
Sat, 23 Mar 2024 19:42:39 +0000
The pound euro exchange rate was met by heavy losses this week, in the wake of the Bank of England’s (BoE) latest interest rate decision. Pound plummets as BoE turns dovish The pound euro exchange rate initially ticked higher this week as EUR sentiment was undermined by comments from a European Central Bank (ECB) policymaker, […] The post Pound euro exchange rate crashes following BoE’s dovish shift appeared first on Spanish Property Insight .
|
|