Due to the market situation for holiday rentals, the Regional Government of Andalusia has published a new decree 31/2024 of 29 January, which came into force on 22 February 2024. This decree repeals and amends some articles of the decree published in 2016. For the first time, this new regulation allows local councils to restrict…
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The long-awaited extension of the AVE high-speed line will revolutionize travel in the south-east of Spain. Recently, the European Union announced a substantial boost of €411 million in funding, reaffirming its commitment to the project. This cash injection brings the total investment to an impressive EUR 3.5 billion, underscoring its strategic importance. The extension will…
Read MoreIf you want to change your mortgage from variable to fixed rate, now is the time: a recent law has modified the conditions to do so and some are temporary… Measures. You will have heard that the Government has approved a package of measures to alleviate the mortgage burden of the most vulnerable families given…
Read MoreThe Andalusian government has given the go-ahead for a reduction in the transfer tax (ITP), which taxes the purchase of a used home, to 7%. In this way, the three rates of 8, 9 and 10% disappear. In addition, it also includes a small reduction in the tax on documented legal acts (AJD), which goes…
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EnglishOwning a home is a keystone of wealth… both financial affluence and emotional security.
