Business

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...

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...

In 2025, the Spanish real estate market is showing significant increases in both sales and rentals. According to recent data from Tinsa by Accumin and Fotocasa, the average price of housing (new and used) registered an increase of 7.5% year-on-year in the first quarter, while rentals showed a growth of 10.4% in March compared to the previous year. This upward trend is particularly marked by a shortage of...

The recent upward revision of the OECD's growth forecast for Spain to 2.6% by 2025 highlights the resilience and strength of the Spanish economy in the international context. This sustained growth has direct implications for the real estate sector, presenting both opportunities and challenges that require strategic attention from investors and real estate professionals. Impact of economic growth on the...

The real estate market in Spain is undergoing a significant transformation, with an outstanding growth in the outskirts of large cities. Municipalities such as Coslada, Pozuelo, Las Rozas, Getafe, Viladecans or L'Hospitalet de Llobregat have seen an increase in demand for both buying and renting. This phenomenon has been driven by various socio-economic and urban planning factors, which has led to a...

The Spanish government has announced the elimination of the Golden Visa programme, a measure that will come into effect in April 2025. This decision represents a significant change in the real estate sector, especially in areas such as Madrid, Malaga and the Costa del Sol, where this programme has been a key driver of foreign investment. What are ‘Golden Visa’? Golden Visas are residence permits...