What is a NOMAD VISA? If you are able to work remotely for your UK company then the new Digital Nomad Visa would allow you to move to Spain and your maximum tax rate would be 24% for 5 years up to an income of 600,000 euros per annum. It is intended for those non-EU citizens to travel freely in all Schengen zone countries and for those who would like to move to Spain and keep working for their...

The 12-month Euribor, which is usually the interest rate lenders use to calculate the mortgage interest rates in Spain, are now 3.345% as of 23rd January 2023, up from 2.842% on the 1st December 2022. Euribor stands for Euro Interbank offered Rate Depending on lender a typical variable rate would be the 12 month euribor plus 1%- 2%. This would mean a typical 20-year variable-rate repayment Spanish...

Your Overseas Home Virtual Events Join Iberian Properties at The Your Overseas Home virtual event which will take place on: Saturday 26th March 2022 8am – 4pm (GMT) Visit our booth and join our seminar at this Virtual Event. Meet our experts to get your property plans sorted and to get your burning questions answered, all from the comfort of your own home! You can attend the event for as long or as...

The Mediterranean coast, and the capitals and large cities stand out as the groups that have appreciated the most in the last year, since the drop period that prices went through due to covid The residential market showed in November, in line with other economic sectors, an upward trend in prices. The average value of new and used housing increased by 1.2% in the monthly rate, according to the Tinsa IMIE...

With all the uncertainty with Brexit and with the ongoing restrictions related to the plandemic, buying a property in Spain can be a daunting prospect. If you are looking to buy a property in Spain for permanent residence or as a holiday home and will need a Spanish Mortgage it is a good idea that you speak to a registered Spanish Mortgage Adviser first who can advice you on important factors like how much...

The latest world study which assesses the transparency of real estate markets positioned Spain in the nineteenth place, thus placing it amongst the 20 most transparent countries among 99 The ‘Global Real Estate Transparency Index’ (GRETI) developed by JLL and LaSalle Investment Management awarded Spain with the grade of “transparent” for its “good” performance across the 210 elements taken...

Real estate will remain a focus of interest for investors after the pandemic, especially the logistic and housing segments, which will come out reinforced of a crisis which is expected to recede gradually after the third/fourth quarter of 2020 These were the main conclusions extracted from the new edition of the segment SavillsTalks at Home, on which prominent experts debated the crisis impact on the...

The Covid-19 pandemic crisis tends to be brief and intense and the economic recovery accelerated. And real estate investment will play a role in this recovery, since «Spain continues to have a great potential to attract international investors», believes Ángel Berges, vice-president at AFI For Roberto Rey, GLOVAL’s president and CEO, and also one of the speakers at the latest SIMAPRO Home Edition,...

A Spanish mortgage is a very good option to take when purchasing a property in Spain. With interest rates at record lows the lenders are still lending 70% LTV with the interest rate below 2% for a variable rate or around 2,5% for a fixed rate. The term can be taken until age 75 or 30 Years A typical mortgage of €250.000 over 30 years at 2% interest rate would work out at €924 a month. Also since...

HOUSE PURCHASES IN SPAIN REACH MAXIMUM LEVELS IN 10 YEARS Housing purchases in Spain increased 10.1% in 2018 yoy, for a total 515.051 operations, the largest amount of operations since 2008 according to the National Instute of Statistics (INE). The second hand and the new house markets were the main driving force behind this annual growth, the fifth consecutive growth after a 2% increase in 2014,...