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supreme court ruling on bank guarantees means potential payout for buyers of spanish boom property
Banks now also on the hook for mortgage setup costs

A recent ruling by the Spanish Supreme Court (Tribunal Supremo or TC) means that banks can be obliged to repay some or all of the…

BCN World mega-development on Catalan Costa Dorada passes another planning hurdle

The Tourist and Leisure Centre of Vila-seca and Salou, also known as BCN World, passed another planning hurdle with the definitive approval of its Urban…

spanish property new home planning approvals housing starts
Planning approvals up 7% in September, but big picture still dismal

Planning approvals were up an annualised 7% in September, and 32% year to date, but new home building is still at crisis levels when you…

What impact has Brexit had on British demand for property in Spain?

What impact has Brexit had on British demand for property in Spain in the five months since the referendum? The latest official figures show a…

Foreign borrowers have higher risk of mortgage default, warn Moody’s

With foreign demand for homes in Spain once again on the rise, the international ratings agency Moody’s has warned that lending mortgages to foreign buyers…

Palau de la Generalitat
Catalonia to raise tax on holiday rentals

The Catalan Government is planning to raise the tax tourists pay when staying in a holiday rental, which owners have to collect and pass on.

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