Selling a home is not enough just to find a buyer. Signing the long-awaited deed of sale at a notary requires managing all the related paperwork. Some procedures are mandatory in all of Spain to sell, others are indispensable according to the situation or the town where the house is located and others, although not […]
Tag: Real Estate and Construction
OHL multiplies its losses to 114 million and increases its debt due to Covid-19 and financial deterioration
The coronavirus and the delicate financial situation that it already dragged before are taking their toll on OHL, which multiplied its losses by 10 between January and September 2020. In that period, the construction company recorded losses of 114.2 million euros, compared to 10.4 million of the same period of 2019. According to data published […]
How to calculate the price of your apartment in the midst of the coronavirus crisis
The coronavirus crisis has meant a before and after for the real estate sector. It is enough to see the steep decline that property sales have suffered. According to the College of Registrars, second-hand housing transactions fell 42.2% year-on-year in the second quarter of the year. That adds to the predictions of much of […]
What exactly is the IRPH index and how can I know if my mortgage has it
The IRPH is the acronym for Index of Reference of Mortgage Loans. It is an indicator of interest rates on mortgage loans and is prepared from the Bank of Spain. This has been operating since 1994 and is officially called Average rate of mortgage loans over three years for the purchase of free housing. […]