All Posts in "Noticias" Category

The housing deficit in Spain is an urgent problem that requires effective and sustainable solutions. According to the Bank of Spain, 600,000 additional homes are needed by 2025, while there are almost 4 million vacant homes. The main causes include the lack of construction in high-demand areas, bureaucratic complexity, and government regulations. Tax Incentives and…

Increase in Mortgage Contracting for 2024 The firm Tecnotramit predicts a 5% to 10% increase in mortgage contracting this year. This trend is due to competition among banks to attract more customers by reducing interest rates, especially for fixed-rate mortgages, now around 2.9-3%. This drop in rates, driven by the European Central Bank, favors home…

Abolition of the Golden Visa The Government of Spain has decided to abolish the ‘Golden Visa’, a measure that allowed foreigners to obtain residency by investing more than 500,000 euros in real estate. This action is part of an amendment to the law on judicial efficiency and responds to the European trend of restricting these…

In a remarkable turn of events, mortgage demand in the Eurozone has experienced significant growth in the second quarter of 2024, marking the first increase since 2022. According to the European Central Bank (ECB), this 16% rise reflects an improvement in the real estate market outlook and increased consumer confidence in the economy. For real…