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Keywords: Property


Spain proposes 100% tax on non-EU property buyers amid housing crisis

Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......

Understanding comunidad fees: A comprehensive guide for homeowners in Spain

If you own property in Spain, chances are you are part of a homeowners' association, known as a comunidad de vecinos. This involvement typically requires payment of community fees, known as comunidad fees. Here, we delve into the essential aspects of these fees, including their purpose, calculation,......

Morocco ranks 24th globally in counterfeit goods trade

A recent joint report from the Organization for Economic Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) has revealed that Morocco ranks as the 24th largest source of counterfeit goods worldwide as of 2020. This ranking highlights a notable disparity between......

Essential steps after paying off your mortgage in Spain

Completing the payment of your mortgage in Spain is an achievement worthy of celebration. However, many homeowners overlook a crucial final step that can lead to complications down the road. Purchasing property in Spain is a common aspiration for many, particularly among foreign buyers. For most, this......

Spain's foreign property ownership debate intensifies in tourist hotspots

Spain’s right-wing parties have recently dismissed a proposal aimed at limiting foreign property ownership in the Balearic and Canary Islands. This initiative, which was discussed in both the Congress and Senate, was branded “xenophobic” by members of Vox, who joined forces with the......

Hollywood shocked by Trump's tariffs on films produced abroad

Hollywood is facing uncertainty and skepticism over President Donald Trump's proposal to impose a 100% tariff on films produced abroad and distributed in the U.S. Industry professionals and experts widely criticize this idea, arguing that it is impractical for the American audiovisual sector. Jonathan......

Seizure of over €1.4 million in counterfeit products in Badalona

the Civil Guard seized over €1.4 million worth of counterfeit goods in Badalona (Barcelona). These items were primarily intended for street vendors in Barcelona. In one warehouse, authorities found 10,040 pairs of fake sneakers from well-known brands, worth approximately €1.3 million. Another......

Americans lead foreign property purchases in Spain

New data reveals that American nationals are paying significantly more for homes in Spain than most other foreigners, with the second half of 2024 witnessing a remarkable surge in property prices. This trend has sparked concerns about the ongoing housing crisis in the country, which has been identified......

Surge in luxury property purchases in Spain ahead of golden visa cancellation

The landscape of Spain's real estate market has undergone a significant transformation as non-EU foreigners rushed to acquire high-value properties in the wake of the government's decision to abolish the golden visa scheme. Recent data reveals a remarkable increase in home purchases, particularly......

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