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- How To Start A Company In Spain
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- How to Get a Certificado de Registro de Ciudadano de la Unión in Barcelona
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- Medical Treatment and Insurances in Barcelona
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- How to get your NIE in Barcelona
Barcelona real estate Blog
International tourists up by 7.9% compared to last year
Freitag, den 03. Februar 2012 um 11:45 Uhr
Reports from the Tourism Expenditure Survey (Egatur) where published on Monday and have shed some light on Spain’s foreign tourists and their benefit to the country. In 2011, international tourists visiting Spain spent 52,796 million Euros, which was an average expenditure of 934 Euros per tourist, up by 0.2% than the same period in 2010 and an increase in daily spending by 4.6% to 102 Euros.Spanish government considers reducing taxes on the buying of existing homes.
Mittwoch, den 01. Februar 2012 um 09:25 Uhr
The Minister of Finance has raised the possibility to have the transfer tax (ITP) lowered in Spain because currently there is an unbalance between buying a new home (with 4% VAT) and a second hand home (between 7%, 8% and 10% according to the varying regions and housing prices)Even though the local regions have control over the transfer taxes, it is the Spanish government that holds the power to reduce the tax rate, which are not small amounts considering the difference between the transfer taxes of buying a new and existing property.
Euribor records biggest drop since July 2009, but mortgages cost 6% more
Dienstag, den 31. Januar 2012 um 16:22 Uhr
At the end of the month, the Euribor for January is expected to close at 1.84%, 16 hundredths less than its value in December when it was 2.00%, which is the biggest drop since July 2009. In contrast, the indicator used in Spain for calculating mortgages has risen 29 / 100 compared to the same month last year, so mortgages loans to the person on the ground will also increase accordingly. Spain has a stock of 818,000 of new residential properties for sale
Donnerstag, den 26. Januar 2012 um 10:02 Uhr
Spain maintains a stock of 818,000 new residential properties for sale, as of September 2011, which represents 3.2% of its total number of residential properties, based on a report prepared by CatalunyaCaixa of the residential property market in Spain.
The report was presented during a press conference which was held by the director of the real estate division of the Bank, Mr. Eduard Mendilouce, a professor of economics in the University Autonoma of Barcelona (UAB), as well as Mr. Josep Oliver, the author of the report, who also said that it will be very difficult to reduce this number during the coming years.
Real estate agencies in Spain are cutting their presence in the market by 82%
Mittwoch, den 25. Januar 2012 um 10:52 Uhr
The real estate franchises have reduced their commercial network by 82% as a consequence of the real estate crisis. From 4,260 real estate offices actively selling properties in 2007 the number has been reduced to 730 offices in 2011, implicating in the loss of 13,000 jobs in the property sector during the same period.Last year the reduction in franchise offices has continued and in the current environment there are only 14 operational chains of property agencies operating in Spain, comparing with 15 of them during 2010 and very far off from the 50 franchises selling properties in Spain in 2007, as was revealed in the annual inform about franchises in Spain compiled by Tormo and Associates.
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