The rental market in Spain is going through a period of maximum tension. According to El Economista, at the end of June prices reached an average of 14.38 €/m², making a string of eight consecutive months of double-digit rises, indicating an ‘unprecedented supply crisis’. An unstoppable escalation The Secure Rental Institute and the URJC report an average of €1,155/month, the highest in...

A long-awaited measure The Council of Ministers has approved the first transfer of assets from Sareb (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria) to the Entidad Pública Empresarial de Suelo (SEPES), with the aim of creating a large stock of affordable public housing. The objective is clear: to turn what was once a financial lifeline for banks into a useful resource for...

From July 2025, the Basque Government will activate a new line of guarantees to facilitate access to housing for young people under the age of 40. With an allocation of 144 million euros and managed by the Basque Finance Institute, this programme will allow up to 100% of the purchase price or valuation - the lower of the two - to be covered without the need to make a down payment. A measure that seeks to...

Recent housing regulations in Spain - limiting annual rent increases to 3 % and restricting revaluation in stressed areas - have produced unexpected effects: more than 30 % of rental properties have been withdrawn from the market, according to sources such as elEconomista. 1. Why are so many floors being removed? Limited profitability: Fotocasa points out that by imposing caps on increases, some...

The Spanish real estate market is experiencing an increasingly evident phenomenon: the growth of pent-up demand. This is a segment of the population that wishes to buy a home but, for economic, employment or financial reasons, has postponed the purchase. Although the term is not new, it has become particularly relevant in the post-pandemic context and in an environment of high interest rates. What do we...

The Bank of Spain has issued a strong warning: the average price of housing in Spain is above its long-term equilibrium level. According to its latest Financial Stability Report (April 2025), this imbalance ranges between 1.1% and 8.5%, exceeding the range estimated six months earlier. The agency notes with concern certain macroeconomic and market indicators that could point to the formation of a new real...

The Directorate General of Taxes (DGT), which reports to the Ministry of Finance, has confirmed that inherited properties must be taxed at the cadastral reference value of the Cadastre, regardless of whether the value declared by the heirs is lower or even if the market value is higher. This measure, in force since January 2022, continues to generate legal uncertainty and fiscal tensions, especially among...

The Tax Agency has issued an important warning to all those who have sold a flat or house in 2024. This reminder is not minor: if the transaction is not declared correctly, the taxpayer may face financial penalties and tax complications that could have been avoided with proper planning. In this article we explain the essentials you need to know if you have sold (or plan to sell) a property this year, and...

The widespread blackout that affected different areas of Spain yesterday has generated more than a simple anecdote: it has awakened a profound reflection on how we value our homes and their capacity to cope with unexpected situations. While a one-off blackout may seem like an isolated event, the reality is that events like this quickly reveal the strengths and weaknesses of our housing stock, especially in...

In recent months, we have witnessed a significant financial phenomenon: the return of liquidity to historical levels both in Europe and the United States.Driven by the easing of monetary policy by the European Central Bank (ECB) and the Federal Reserve (Fed), this dynamic is sparking investor interest in real and safe-haven assets, with particular attention to the real estate sector. According to data...