Energy-efficiency certificates for Spanish homes explained
Fri, 04 Oct 2024 14:51:39
ANYONE who has let out or sold their property in recent years will have gone through the process of obtaining an energy-efficiency certificate – and, if you're planning to sell yours or rent it, you need to know what is involved.
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Euribor could drop to 2.5% next year as Spain drives economic growth in bloc
Thu, 26 Sep 2024 14:20:36
INTEREST rates in the Eurozone could fall to 2.5% next year, having closed August 2024 on 3.75%, according to latest research.
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Spain's Paralympians smash medal record at Paris 2024
Sun, 08 Sep 2024 21:52:31
AS THE 2024 Paralympic Games comes to a close, Team Spain has smashed its own record medal-count and broken the 40 barrier for the first time.
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Homeowner funds for replacing air-conditioning units 'offered in some regions'
Fri, 23 Aug 2024 06:27:14
GRANTS of up to €250 are available this year for replacing older air-conditioning units in a bid to encourage greater energy efficiency.
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House price rises 'treble national average' in Spain's islands
Fri, 16 Aug 2024 05:06:45
RESIDENTIAL property prices rose again in July outside of Spain's major cities, with homes for sale on the islands now breaking post-recession records.
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Mortgage applications increase for first time in two years as home prices soar
Wed, 31 Jul 2024 16:39:16
DEMAND for mortgages to buy a home has begun to rise for the first time since 2022, despite rates being at their highest levels in nearly a decade.
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Records Spain broke with its Euro win...and other fun facts about La Roja
Tue, 16 Jul 2024 07:14:43
SPAIN'S last-minute win against England in the 2024 UEFA Euros comes on the 60th anniversary of the country's first-ever title in the much-followed competition – and has broken numerous records, too.
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'Second chance' for homebuyers to apply for income tax deduction
Fri, 31 May 2024 13:49:44
RESIDENTS in Spain who bought a new home before 2013 may still be able to offset the purchase against their annual tax return, if they have not done so already.
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BBVA begins merger talks with Banco Sabadell
Fri, 03 May 2024 13:23:23
TWO of Spain's largest high-street banks are reported to be in merger talks, potentially resulting in the joint entity being the second-biggest in the country in terms of share capital.
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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.
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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.
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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.
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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.
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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.
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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.
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LA PIEDRA PODCAST EP12: First half of 2024 review, and market implications if a wave of British millionaires head for Spain
Sun, 20 Oct 2024 08:53:58 +0000
In this episode of ‘La Piedra’ Sean and Mark review the housing market figures for the first half of 2024 with the benefit of Sean’s experience at the coal face of property sales on the Costa del Sol, and Mark’s analysis of the public data. They then go on to discuss the potential impact on […] The post LA PIEDRA PODCAST EP12: First half of 2024 review, and market implications if a wave of British millionaires head for Spain appeared first on Spanish Property Insight .
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Pound euro exchange rate jumps following ECB rate decision
Sun, 20 Oct 2024 08:17:47 +0000
The pound euro exchange rate rallied this week, with the pairing being catapulted to a new 29-month high in the wake of the European Central Bank’s (ECB) latest interest rate decision. GBP/EUR soars as ECB cuts interest rates After a slow start to the week, the pound euro exchange rate began to appreciate on Tuesday […] The post Pound euro exchange rate jumps following ECB rate decision appeared first on Spanish Property Insight .
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Notaries confirm strong foreign demand in first half with sales growth led by Poland and the USA
Sun, 20 Oct 2024 07:14:59 +0000
The latest housing market numbers published by the Spanish notaries’ association confirm that home sales involving foreign buyers were strong in the first half, led by growth from Poland and the USA. The Spanish property market continues to thrive, including the foreign segment, as shown by the latest data released by the General Council of […] The post Notaries confirm strong foreign demand in first half with sales growth led by Poland and the USA appeared first on Spanish Property Insight .
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Catalonia: a testing ground for rent control policies under nationwide scrutiny as new rules expand to cover 90pc of the Catalan population
Sat, 19 Oct 2024 11:26:01 +0000
Other Spanish regions are closely monitoring Catalonia, where rent controls have been expanded to 131 additional municipalities, now covering over 90% of the population.. As of the 9th of October 2024 Catalonia has significantly expanded rent control measures, adding over 130 municipalities to the existing 140 where rent control was already in place. This expansion […] The post Catalonia: a testing ground for rent control policies under nationwide scrutiny as new rules expand to cover 90pc of the Catalan population appeared first on Spanish Property Insight .
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Spanish long-term rental supply in sharp decline led by Barcelona
Sat, 19 Oct 2024 09:38:01 +0000
Data from property portals reveals a significant drop in the availability of long-term rentals, accompanied by a surge in mid-term rentals, caused largely by government intervention in the Spanish housing market, which has had highly detrimental effects. The Spanish property portal and market leader Idealista has published data showing the change in long-term and seasonal […] The post Spanish long-term rental supply in sharp decline led by Barcelona appeared first on Spanish Property Insight .
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Bank of Spain says half a million new homes needed
Fri, 18 Oct 2024 18:03:41 +0000
Spain needs to build half a million new homes to provide housing for a growing population and demographic changes that are driving household formation, argues the Bank of Spain in two new reports. Key takeaways: Supporting evidence: Further considerations: Conclusion: The Bank of Spain’s reports paint a complex picture of the Spanish housing market, acknowledging […] The post Bank of Spain says half a million new homes needed appeared first on Spanish Property Insight .
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ECB lowers interest rates again, setting scene for cheaper mortgage borrowing costs
Fri, 18 Oct 2024 17:40:27 +0000
The ECB Governing Council lowered the three key interest rates by 25 basis points in its monetary policy meeting in Ljubljana, 17th October 2024, setting the scene for lower mortgage borrowing costs in the Eurozone, including Spain. This decision was driven by an updated assessment of the inflation outlook, the dynamics of underlying inflation, and […] The post ECB lowers interest rates again, setting scene for cheaper mortgage borrowing costs appeared first on Spanish Property Insight .
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Counterproductive government housing policy under fire in the Balearics
Thu, 17 Oct 2024 18:40:13 +0000
Recent government interventions in the residential property market will make the existing housing crisis worse, argues the influential Association of Balearic National and International Real Estate Agents (ABINI). Key Concerns: Case Study: Son Busquets The abandoned Son Busquets project in Mallorca is cited as a prime example of ineffective public land management and lack of […] The post Counterproductive government housing policy under fire in the Balearics appeared first on Spanish Property Insight .
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Pound euro exchange rate fluctuates amid BoE and ECB rate cut speculation
Sun, 13 Oct 2024 08:42:14 +0000
The pound euro exchange rate traded in a wide range this week amid speculation over how quickly the Bank of England (BoE) and European Central Bank (ECB) will lower interest rates. Euro pressured by ECB rate cut remarks The pound euro exchange rate initially faltered this week. Sterling was pressured by bets for consecutive rate […] The post Pound euro exchange rate fluctuates amid BoE and ECB rate cut speculation appeared first on Spanish Property Insight .
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British tax-refugees head for Spain
Sun, 13 Oct 2024 08:29:51 +0000
A trickle of British tax-refugees heading to Spain could swell to a flood if the new Labour government acts on its strong hints of soaking the rich. In the last few weeks the British press has been full of stories of non-doms and British millionaires leaving, or planning to leave the country, to avoid an […] The post British tax-refugees head for Spain appeared first on Spanish Property Insight .
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