News of the Spanish economy today

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  Experts predicted a shortage of new housing in Spain and an increase in prices for it

  Category: Economics

  22.12.20

  Due to the coronavirus pandemic, construction licenses in the country began to be issued by a third less. The number of building licenses issued in Spain this year has decreased by more than 30% compared to last year due to the spread of COVID-19 and quarantine. For this reason, according to real estate experts, there may be a shortage of new... Read more
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  Spanish property market hit hardest by coronavirus

  Category: Economics

  03.12.20

  Experts suggest that in the near future the cost of housing in the country will begin to decrease in proportion to the decline in the country's GDP in 2020, that is, from five to 10 percent. However, according to experts' forecasts, prices will fall for a short time, and in 2022 they will return to their previous level. Analysts also say that in... Read more
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  Taxpayers can make an appointment to make rent in offices

  Category: Economics

  10.06.20

  Taxpayers have recently been able to request a pre-appointment for face-to-face assistance at tax offices to file an income tax return. AEAT opened offices from May 26 to provide community care services, with the exception of income tax returns. This was due to sanitary conditions, but now their work is restored. An appointment can be requested... Read more
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  Property sales in Spain recover to pre-crisis levels

  Category: Economics

  30.01.19

  Property sales in Spain are steadily continuing to grow and are very close to catching up with the pre-crisis levels. In 2018, there were 480 thousand properties sold which is considerably more than in 2017. Over 80% of deals were made in the existing housing markets. This number can be compared with the figures during the peak period in the real... Read more
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  What does property prices growth mean?

  Category: Economics

  19.12.18

  The property prices have been growing for several quarters. And it attracts investors to the Spanish real estate market. It may seem that these facts prove that the real estate market is regenerating. But can we consider these facts so positive? It is certain that capital inflows in the real estate sector show that this sector is actively... Read more
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  Property prices in Spain in 2018 and property prices forecast for 2019 

  Category: Economics

  18.12.18

  The demand for property in Spain is steadily growing. And so is the price doing. Over the past year, the property prices in Spain increased by 9.2% on average. A square meter will cost you on average €1697. The current state of the real estate market in Spain may be described by the following trends: Sales growth. The demand for... Read more
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  Top news of the Spanish real estate market in October

  Category: Economics

  14.12.18

  Read more
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  Real estate taxes rating in Spain

  Category: Economics

  11.09.18

  According to the General Economic Council, every citizen in Spain will pay on average € 315 for property taxes. But this figure varies depending on the region of the country. The highest tax rates are in Madrid, Leon and Castellón. In these regions people will have to pay over € 400. In Tarragona and Barcelona the property taxes... Read more
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  Prices for real estate in Spain grew after the crisis

  Category: Economics

  29.08.18

    Real estate in Madrid and Barcelona has been steadily increasing in price for the last few years, which shows that the real estate market is experiencing revival. In these two cities the housing prices have considerably grown in the second quarter of 2018 and the prices increased by almost 50%, comparing with the year of 2013. The second... Read more
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  What will happen to the residential property in Spain in 2018

  Category: Economics, Taxes

  10.08.18

  The Spanish residential real estate sector has started a new cycle that should increase the average annual growth in the number of home sales transactions by 20 percent.According to experts, positive trends became noticeable back in January, when sales of houses and apartments increased by 26.6%, triggering a 2% rise in prices. Particular revival... Read more