NEWS

Buying a used home in Spain as a foreigner can be an excellent investment, but it is important to understand the process and requirements involved. At HomeSearch Barcelona we explain some key aspects to consider.   

❖ Visa and documentationAs a foreigner, it is important to ensure that your immigration status is in order before purchasing property in Spain. Depending on your nationality and the purpose of your purchase, you may need an investor or residency visa. 

❖ Foreigner Identification Number (NIE)Before carrying out any real estate transaction, you will need to obtain a NIE. This is essential to buy a property and carry out any financial procedure in Spain. 

❖ Real estate agentWorking with a local real estate agent can make the process easier, as these professionals can help find properties that fit your needs and budget, as well as guide you through the purchasing process. 

❖ Property inspectionBefore purchasing a property, a thorough inspection is essential as it can reveal potential structural or maintenance issues that could affect your investment. ❖ FinancingIf you need a mortgage loan, it is possible to obtain one as a foreigner in Spain, although the terms and conditions may vary. A financial advisor can help you find the best option.

 ❖ Purchase contractOnce you have found the right home, a sales contract is signed and a deposit is paid. It is advisable to have a lawyer to review the terms of the contract and guarantee your interests.

❖ Taxes and additional expensesPlease note that buying a property in Spain involves additional costs, such as transfer taxes, notary, and property registration.

❖ Property registrationAfter signing the contract and final payment, the property must be registered in your name at the Property Registry.

❖ Permanent residenceIf your goal is to reside permanently in Spain, it is important to investigate the requirements and deadlines for applying for residency.

❖ Local cultureDon't forget to familiarize yourself with local customs and regulations, as they may vary from region to region in Spain. 

Buying a used home in Spain as a foreigner can be a rewarding experience, but it is essential to have professional advice and be informed about all the legal and financial aspects involved in the process.

An accurate appraisal plays an essential role in mortgage transactions for several key reasons. This unbiased and accurate valuation of the property is vital for both the lender and the buyer or borrower. At HomeSearch Barcelona we explain why it is so important. 

Determination of property value

Accurate appraisal is critical to determining the true market value of the property. This ensures that the price agreed upon in the transaction is fair and reflects current market conditions, as an inflated or understated value could spell trouble for both the buyer and the lender. 

Guarantee for the lender

For the lender, an accurate appraisal is assurance that the value of the property supports the mortgage loan amount. Knowing this is essential to assess credit risk and ensure that the loan is suitable and safe. An accurate appraisal helps prevent excessive lending that could result in losses for the lender.

Buyer Protection

An accurate appraisal protects buyers by ensuring they do not overpay for a property. If the appraisal is lower than the agreed upon purchase price, the buyer could use it as a basis to renegotiate the price or reconsider the purchase, avoiding the purchase of an overvalued property.

Fair negotiation

An accurate appraisal facilitates a fair negotiation between the buyer and seller. Both parties can rely on the appraisal as an objective reference point to discuss the price of the home and reach a mutually beneficial agreement.

Security of the buyer's investment

An accurate appraisal gives buyers confidence that they are making a sound investment decision. It allows them to have a clear understanding of the value of the property and the assurance that they are acquiring an asset with solid value.

Reducing Foreclosure Risk

Correctly appraising a property helps avoid situations in which borrowers may default on their loans due to over-indebtedness, contributing to the financial stability of buyers and reducing the risk of foreclosure.

An accurate appraisal is crucial in mortgage transactions as it ensures that the value of the property is appropriate, protects both the buyer and the lender, and facilitates a fair and transparent negotiation, while helping to maintain the integrity of the real estate market and Ensures that mortgage transactions are carried out safely and efficiently.

Selling a home in winter may seem less appealing at first glance, as the cold, dark weather could deter some buyers. However, there are several advantages of selling your house in winter that you may not have known about and that we tell you about at HomeSearch Barcelona. 

➢ Less competitionDuring the winter, most sellers prefer to wait until spring or summer to put their homes on the market, this means less competition for your property, which can increase your chances of standing out and attracting serious buyers. 

➢ Better focus at homeIn winter, buyers spend more time indoors, allowing them to evaluate important aspects of the home, such as heating, insulation and energy efficiency, so you can highlight the advantages of your property in this regard. 

➢ Better negotiationAs a seller, you may have a stronger negotiating position in winter, as buyers may be more willing to reach an agreement to ensure they move before bad weather or before the tax year.  

 ➢ Show the versatility of the propertyYou can demonstrate how the house functions year-round, which is especially beneficial if it has features that are appreciated in winter, such as a cozy fireplace or an efficient heating system. 

➢ Quick closing of saleHome sales procedures are often faster in the winter, as real estate and financial professionals may have less busy schedules. 

➢ More attention from real estate agentsSince winter is typically a quieter season, real estate agents may have more time to focus on your property and design more personalized marketing strategies. 

➢ Festive decorationYou can take advantage of the holiday season to decorate your home in an attractive way. A tastefully decorated home for the holidays can be very attractive to buyers. 

➢ Visits scheduled in advanceIn winter, property viewings are often scheduled in advance, allowing you more control over who enters your home and when. 

Selling your home in the winter has all of these advantages, while it may require more specific planning and strategy, it can also result in a successful sale and a faster closing.

The Golden Visa in Spain is a residency program designed to attract foreign investors and encourage investment in the country. In exchange for making a significant investment in Spain, investors and their families can obtain a residence permit that allows them to live, work and study in Spain.

At HomeSearch Barcelona we explain everything you need to know about the Golden Visa, including the required investments and associated benefits. 

Required InvestmentsTo obtain the Golden Visa in Spain, investors must make an investment in one of the following categories:

● Investment in Real Estate: the minimum investment required in real estate is 500,000 euros. This can be on one or several properties.

● Investment in Shares or Investment Funds: investors can acquire Spanish shares or investment funds for a minimum value of 1 million euros.

● Investment in Business Projects: investors can invest in business projects in Spain, such as the creation of companies, expansion of existing businesses or research and development projects. The minimum investment varies depending on the type of project, but generally significant investments are required.

● Bank Deposits: investors can choose to deposit at least 1 million euros in a Spanish financial institution for a minimum period of five years.

● Spanish Public Debt: Investors can also purchase Spanish public debt worth at least 2 million euros. 

Benefits of the Golden Visa in SpainThe Golden Visa in Spain offers several benefits to investors and their families. 

● Residence in Spain: investors and their family obtain a residence permit that allows them to live in Spain legally.

● Freedom of movement: Golden Visa holders can travel throughout the Schengen area without needing an additional visa.

● Access to public services: Golden Visa holders have access to public services, such as education and healthcare in Spain.

● Possibility of obtaining permanent residence: after five years, investors can apply for permanent residence in Spain.

● Path to citizenship: after ten years of residence, Golden Visa holders can apply for Spanish citizenship, subject to certain requirements.

● Tax benefits: Investors are not required to spend a minimum amount of time in Spain and are not subject to worldwide income taxes.

● Family flexibility: The Golden Visa extends to the investor's immediate family, including spouse and children under 18 years of age. 

It is important to note that the requirements and conditions of the Golden Visa in Spain may vary, so it is advisable to consult with an immigration lawyer or a competent authority for updated information before applying. Additionally, investors must meet certain requirements, such as having no criminal record and maintaining the investment for the required period.

Appraisal and purchase price are two different but related concepts in the world of buying and selling property. Understanding the differences between the two is essential for making decisions when purchasing or selling a property, which is why at HomeSearch Barcelona we explain what each one consists of. 

Appraisal: An appraisal is a professional and impartial assessment of a property's value. It is carried out by a qualified appraiser and is based on a number of objective factors including:

❖ Property characteristics: the location, size, age, state of conservation and specific characteristics of the property are considered.

❖ Real estate market: The appraiser analyzes local market trends and compares the property to recent sales of similar properties in the area.

❖ Improvements and conditions: Any improvements or defects in the property that could influence its value, such as renovations, structural damage or repair needs, are evaluated.

❖ Location: the location of the property in relation to services, schools, transport and other factors that may affect its attractiveness.

❖ Comparative Valuation: Market comparison methods are used to determine the value of the property based on sales of similar properties in the area.

Appraisal is an objective and professional process used in real estate transactions to ensure that the purchase price is fair and reflects the true value of the property in the current market.

Purchase price: The purchase price, on the other hand, is the amount agreed upon between the buyer and seller for the sale of the property. This price may be in line with the appraisal or different, and is subject to negotiation between the parties involved.

Differences between the appraisal and the purchase price may be due to several factors:

➢ Negotiation: the buyer and seller can negotiate the purchase price according to their own criteria and considering personal, financial or market factors.

➢ Offer and demand: Market conditions and the Offer and demand for properties in a specific area can influence the purchase price.

➢ Condition of the property: If the property needs major repairs or has unique features that are not reflected in the appraisal, this may affect the purchase price.

➢ Motivation of the parties: the urgency to buy or sell can influence the willingness of the parties to accept a specific price.

It is important to note that in some cases the purchase price may be higher or lower than the appraisal, and this is not necessarily a problem if both parties agree. However, a purchase price significantly different from the appraisal may require additional justification and, in some cases, may affect mortgage financing or property taxes.

Ultimately, appraisal and purchase price are different concepts in the property purchasing process but both are important in a real estate transaction and should be carefully considered to ensure a fair and successful purchase.

The cadastral certificate is an official document used to identify and describe a property in detail in the field of real estate management and territorial administration. It is an essential tool in urban planning, cadastral management and tax collection. At HomeSearch Barcelona we explain its importance and how it works. 

Importance of the cadastral certificate.

The cadastral certificate provides detailed information about a property, including its location, dimensions, boundaries, land use, cadastral value and other relevant data. This accurate identification is essential to avoid confusion and disputes over ownership.

Local governments use cadastral record information to determine the value of a property and calculate taxes, such as real estate tax, ensuring fair and equitable tax collection.

The cadastral certificate is a valuable tool for urban planning and infrastructure development. It allows local authorities to identify areas for development projects, conservation zones and areas of public interest.

Likewise, when buying or selling a property, it is essential to have access to the precise information contained in the cadastral record. This facilitates negotiation, guarantees transparency in the transaction and avoids unpleasant surprises for the parties involved.

How the cadastral certificate works

The cadastral record begins with the unique identification of the property, specifically the cadastral reference number, which is a unique code that uniquely identifies the property in the cadastral database.

The certificate contains a detailed description of the property, including its location, dimensions, boundaries and land use. It can also include information about constructions on the land, such as buildings, swimming pools or garages.

In addition, it usually includes the cadastral value of the property, which is the estimated value for tax purposes. This is the value that is used to calculate taxes related to the property.

The information on the cadastral record can be updated when changes are made to the property, such as the construction of new structures or the subdivision of land.

In Spain, unprotected data in the cadastre can be publicly accessed, while protected data can only be accessed by the cadastral owners of the property.

The cadastral certificate is a fundamental tool in real estate management and territorial administration, as it provides accurate identification of properties, facilitates tax collection, supports urban planning and provides transparency in real estate transactions.

Luxury apartments represent the pinnacle of comfort, style and convenience in the world of housing. These exclusive properties offer an exceptional standard of living and a wide range of services that distinguish them from conventional homes.

At HomeSearch Barcelona we explain everything you need to know about luxury apartments. 

➔ Privileged location: Luxury apartments are usually located in the more demanded areas, such as city centers, coastal areas or places with impressive panoramic views. Location is key to enjoying a high-end lifestyle

.➔ Exceptional design and architecture: These properties are usually designed by renowned architects and decorated by talented interior designers. Every detail, from the choice of materials to the layout of the spaces, is meticulously cared for to create an elegant and sophisticated environment.

➔ High quality finishes: The luxury apartments are distinguished by their top quality finishes. They usually have marble floors, granite countertops, high-end appliances, and home automation systems that allow you to control lighting, temperature, and other aspects from a mobile device.

➔ Large spaces: Space is a luxury in itself in these apartments. The spacious rooms, high ceilings and open living areas create a spacious and comfortable environment.

➔ Concierge services: Luxury apartments often have 24-hour concierge services, which can help with a variety of tasks, from making restaurant reservations to arranging cleaning or transportation services.

➔ Leisure facilities: Many of these buildings offer top-notch leisure facilities such as indoor and outdoor swimming pools, fully equipped gyms, spas, private cinema rooms and games rooms.

➔ Security and privacy: Security is a priority in luxury apartments. They usually have surveillance systems, controlled access, and security personnel on site to ensure residents' peace of mind.

➔ Panoramic views: Luxury apartments often offer spectacular views, whether of the sea, the city or the surrounding nature. These views can be enjoyed from large balconies or terraces.

➔ Exclusivity and community: These properties often foster a sense of community among residents. Social events, private clubs and communal lounge areas are common in these buildings, providing opportunities to socialize with other residents of similar tastes.

Luxury apartments are much more than exclusive properties; They are a lifestyle. They offer a combination of exceptional design, top-notch amenities and prime locations that provide residents with comfort and elegance at its finest. These spaces represent an investment in an exceptional standard of living and a symbol of success and distinction.

Mortgage financing is an essential concept for those looking to buy a home, but it can seem overwhelming at first. This complete guide that we offer you at HomeSearch Barcelona will provide you a clear and concise understanding of the key aspects of mortgage financing.

1. Mortgage itself

The mortgage is a loan that is requested when financing is needed to purchase a property. The property acts as collateral, meaning that if you default on the loan, the lender has the right to take possession of the property.

2. Key terms

You should familiarize yourself with terms such as interest rate, loan term, and monthly payments. The interest rate is the cost you will pay for the loan. The loan term is the period over which you will repay the loan, usually between 15 and 30 years. Monthly payments include a proportion of the principal and interest.

3. Down payment

It is the amount you pay up front when purchasing the property. A larger down payment can reduce the loan amount and interest rates.

4. Credit evaluation

Lenders will review your credit history to determine if they will grant you the loan and the interest rates to apply. Maintaining good credit is essential to obtaining a favorable mortgage.

5. Closing costs

In addition to the purchase price, there are costs associated with the home buying process, such as closing costs which includes loan fees, notary, taxes and insurance.

6. Pre-approval

Before looking for a home, it's a good idea to get a mortgage pre-approval so you can get an idea of ​​how much you can spend and make your offer more attractive to sellers.

7. Application process

Submitting a mortgage application involves providing financial and personal details to the lender, such as proof of income, credit history, and property documentation.

8. Legal documentation

Once approved, you will sign legal documents, including the mortgage agreement, which sets out the terms and conditions of the loan.

9. Ongoing responsibilities

After you get the mortgage, you'll need to make monthly payments and meet other obligations, such as mortgage insurance if necessary.

Understanding these concepts will help you navigate the mortgage financing process with confidence. It is always advisable to seek financial and legal advice before making important decisions related to the purchase of a home.

In the competitive real estate market, presentation is essential to attract buyers and close a successful sale. Virtual Home Staging has become a powerful tool to achieve precisely that: sell your property quickly and at the best possible price. At HomeSearch Barcelona we explain why this technique is key to achieving this.

Traditional Home Staging involves preparing a property for sale by carefully organizing and decorating the spaces. However, Virtual Home Staging takes this practice a step further by leveraging technology to present your home in an attractive and compelling way online.

➔ High quality photography

The first step in Virtual Home Staging is to capture high-quality, professional photographies of your property. These photos will highlight the most attractive aspects of your home and create a powerful first impression for potential online buyers.

➔ Virtual reality and virtual tours

With virtual reality technology and virtual tours, buyers can explore your property as if they were physically present. This gives them an immersive experience and allows them to fully visualize the space before making the decision to visit in person.

➔ Virtual Home Staging

Through digital editing, home staging professionals can digitally decorate and furnish empty spaces or enhance existing furniture, helping buyers visualize the potential of each room and how they could personalize it to meet their needs.

➔ Maximization of spaceVirtual Home Staging can focus on highlighting the space and flow of the property. Visually eliminating clutter and showing the functionality of each room can increase the appeal of the property.➔ Reach a wider audienceVirtual presentation allows you to attract potential buyers who may be located in other cities or even other countries, expanding the reach and visibility of your property, which can result in a faster sale and at the best price.➔ Less investment of time and moneyUnlike traditional home staging, which may require physical changes and the purchase of furniture and accessories, virtual home staging is more cost-effective and requires less time to implement.➔ Emotional impactWell-executed images and virtual tours can create an emotional impact on buyers, allowing them to imagine their life in the space and generating genuine interest in the property. Virtual Home Staging has become an essential strategy for selling properties effectively in today's real estate market. By leveraging technology to present your property in an attractive and realistic way online, you can attract buyers, streamline the sales process and achieve the best possible price for your home.

The arrival of autumn brings with it a unique opportunity to change homes and begin a new stage in a fresh and revitalized environment. Leaving summer behind and embarking on this adventure during the autumn season has its own compelling reasons and at HomeSearch Barcelona we will tell you what they are.

Firstly, the milder weather and decreased demand in the real estate market makes autumn a strategic time to look for a new home. With the peak summer season coming to an end, you'll likely find more options available and be able to negotiate better rental or purchase terms, which can translate into significant savings and a smoother transition to your new home.

Additionally, the change of season brings a feeling of renewal and change, which can be the perfect impetus to start a new life in a different place. The beauty of the autumn landscape, with falling leaves and warm colors on the horizon, can inspire you to make bold and creative decisions. Enchanted by the spirit of transformation that autumn brings, you may find the courage to change homes and explore new opportunities.

Fall is also a reminder of the importance of comfort and warmth in the home. As temperatures drop, finding a cozy and functional space becomes a priority. Changing your home this season allows you to choose a place that best suits your needs, whether it is a more spacious apartment to enjoy cozy afternoons or a house with a garden to enjoy the outdoor activities that autumn offers.

Education is another important factor. If you have children, the fall is the ideal time to consider a move before the school year is in full swing, giving them time to adjust to their new surroundings and build relationships before school is in full swing.

Leaving the summer behind and changing homes in the fall has significant advantages, whether you are looking for a more welcoming environment, educational opportunities or simply a refreshing change, this season offers a window of opportunity to do so with enthusiasm and renewed determination.

When it comes to carrying out an accurate analysis to evaluate the guaranteed return on a real estate investment that involves the purchase, renovation and rental of a property, it is important to consider several key factors. At Homesearch Barcelona we show you some steps to follow to carry out an accurate analysis.

❖ Market research

Begin by researching the real estate market in the specific location where you plan to make your investment, examining price trends, rental demand, and growth potential in that area. This will help you determine if there is a strong market for renting the property and if there is likely to be growth in value over the long term.

❖ Cost analysis

Calculate all the costs associated with buying and renovating the property: the purchase price, closing costs, remodeling costs, and any additional expenses. Also, don't forget to factor in taxes, legal fees, and any costs associated with obtaining building permits or licenses.

❖ Estimated rental income

Determine the rental income potential of the property. Research rental prices in the area and compare them to similar properties. Consider factors such as the size of the property, its location, and the amenities offered to help you estimate your monthly rental income.

❖ Operating expenses

Don't forget to factor in the operating expenses associated with the property, such as council taxes, insurance, maintenance costs, and property management fees. Subtract these expenses from the estimated rental income to get a more accurate picture of net profitability.

❖ Cash flow analysisPerform a cash flow analysis to assess whether the investment will generate positive or negative income. Subtract operating expenses and mortgage payments, if any, from rental income to determine if cash flow is positive or negative. A positive cash flow indicates that the property is profitable.❖ Consider financial leverageIf you are financing the purchase of the property, keep in mind the benefits of financial leverage. This means that you can get a higher return on investment using borrowed capital. Calculate return on investment (ROI) both in absolute terms and in terms of invested equity to assess the impact of leverage on profitability. Remember that the precise analysis of the guaranteed return on a real estate investment implies the consideration of multiple variables and risks. Therefore, it is advisable to seek the advice of real estate professionals or financial consultants to obtain a more accurate evaluation before deciding to invest.

The rental rate in Spain increased by 1.4% per month to close last May at 11.6 euros/m2. The price has remained 9.4% over the past year, compared to a 3.6% increase over the last quarter. In HomeSearch Barcelona we analyze this data.

Comparing current rents with those of a year ago, the main cities register increases.

Home rental costs have increased in 35 cities over the past month.

The main cities in the country experienced rent increases compared to a year ago: Palma (2.3%), Malaga (21.4%), Alicante (21.3%), Valencia (20.2%), Barcelona ( 16.6%), Madrid (11%), San Sebastián (8.3%), Seville (7.5%) and Bilbao (35%). 

With a rate of 18.6 euros/m2, Barcelona continues to be the city with the highest rent, followed by Madrid (16.6 euros/m2) and San Sebastián (15.8 euros/m2). Palma (14.3 euros/m2), Bilbao (13.1 euros/m2) and Malaga (12.4 euros/m2) are the next three cities. 

The most expensive provinces are Guipúzcoa, the Balearic Islands and Barcelona. However, in almost all of Spain during the last month the rent has risen. 

Above the Community of Madrid (15 points/m2), the Balearic Islands have the highest price per square meter. They are followed by Catalonia (14.9% euros per square meter) and Euskadi (12.6% euros per square meter). Extremadura (6.01 euros/m2) and Castilla-La Mancha (6.04 euros/m2), the two least expensive communities.

In one of the most recent studies of the CaixaBank analysis service, "The real estate markets of the advanced economies in the face of the tightening of the monetary policy (part I and II)", they do an analysis of the real estate market market in the most developed nations after bank intervention. The study also estimates the potential adjustment of house prices in some countries, including Spain, beyond what they have already done since mid-2022. At HomeSearch Barcelona we summarize the most important points.

It is true that some global markets have shown clear signs of overvaluation, which began to be corrected more than six months ago. The CaixaBank Research report states: "According to the Dallas Fed Exuberance Indicator, 12 of the 25 countries analyzed showed signs of overvaluation in Q3 2021."

In this group, New Zealand, Canada, Australia and the United States stand out, while in Europe there are Holland, Luxembourg, Sweden, Denmark or Norway. Strong increases in house prices were also seen in Portugal, Germany and the UK.

The countries with the largest price drops in houses from their peaks are Canada (-10%), Australia (-9%), Sweden (-6%), the United States (-5%), Germany (-5%) . and New Zealand (-5%). Other nations, such as the United Kingdom or the Netherlands, have experienced more modest changes with drops of less than 5%. The bank's report states that as the real economy is affected by the tightening of monetary policy, the downward trend in house prices "should continue in the coming quarters". "The imbalances that have accumulated during the expansive phase of the real estate cycle will have a significant impact on the speed and intensity of this adjustment in the different markets." In the US, New Zealand, the Netherlands or the UK, house prices will experience a larger correction than they have already experienced. According to CaixaBank Research, "for Spain, a material price adjustment is not expected to be necessary." Given that the expected increase in household income would already make the affordability index converge, by the end of 2024, to the level of Q4 2019.

Real estate appraisal is a process that consists of determining the value of a property. It is an important aspect in the real estate market, since it is used to establish the sale price of the property, determine the value of the mortgage as well as for tax purposes. At HomeSearch Barcelona we explain how it is calculated and what is taken into account.

Real estate appraisal is based on several factors that are taken into account when calculating the value of the property. Some of these factors are:

❖ Location: Location is one of the most important factors in real estate appraisal. The proximity to schools, public transportation, parks and other services can increase the value of the property.

❖ Size of the house: when establishing the size, both the size of the plot and the size of the house are considered.

❖ State of conservation: If the property is in good condition, it will be valued more than a property in poor condition.

❖ Age of property – Taking into account the date of construction, an older property may have a lower value than a newer property (but that will depend on the kind of construction as in Barcelona the older buildings were built with very good materials and its esthetics are much appreciated).

❖ Property Features: Property features, such as the number of bedrooms, bathrooms, garages, etc., are also taken into account in real estate appraisal.

❖ Comparable Sales Prices: Property value is also based on the sales prices of other comparable properties in the same geographic area.

The real estate appraisal is carried out by a professional appraiser, who is the one who evaluates the property using the factors mentioned above and other relevant factors. The appraiser then generates a report that establishes the property's market value.

Real estate appraisal is an important process that is used to determine the value of a property and all these aspects are taken into account to determine its market value.

There are many home technology apps that can make everyday life at home easier and better. At HomeSearch Barcelona we present some of the best applications that you can try today:

➢Philips Hue

This application allows you to control the lights in your home from your smartphone. You can create custom ambiances, adjust brightness, change color, and set times to turn lights on and off.

➢Nest

Nest is an app that lets you control your home's heating and cooling from your smartphone. You can adjust the temperature and schedule times to save energy and money.

➢ SmartThings

SmartThings is an app that allows you to control all your smart devices from one place. You can connect and control lights, locks, cameras, thermostats, and many other devices.

➢ iRobot HOME

If you have an iRobot robot vacuum, like the Roomba, you can use the iRobot HOME App to schedule cleaning, control the robot, and get alerts when cleaning is complete.

➢Google Home

The Google Home app lets you control smart devices and schedule voice routines with Google's virtual assistant. You can also listen to music, news, and podcasts through the app.

➢ MyQ

MyQ is an app that allows you to control your garage door from your smartphone. You can open and close the door, view the status of the door, and receive alerts when the door is opened or closed.

➢ Canary

Canary is an application that allows you to control a home security camera from your smartphone. You can view live images, receive motion alerts, and trigger an alarm in an emergency.

These are just a few of the many home tech apps available today. You can try these apps to see how they can make everyday life at home easier and better.

Currently, the real estate market in Spain is in a good moment due to the reactivation of the economy

At HomeSearch Barcelona we present some of the current trends in the real estate market in Spain and its impact on the sale of your home.

Increased demand for housing

There is a growing demand for housing in Spain, above all, due to the increase of foreign investors who are interested in our country. This can have a positive impact on the sale of your home, since there will be more Buyers interested in purchasing a home.

Price increase

The increase in demand has caused an increase in the prices of housing, especially in the larger cities and in coastal areas. This can have a positive impact on the sale of your home if its price is in line with the current market.

Increased interest in energy efficiency

In Spain, more and more, greater importance is being given to efficiency home energy. Certified properties with improvements in its energy efficiency, such as air conditioning systems efficient or solar panels, are much more in demand.

Increased use of technology

Technology is transforming the real estate market in Spain, with a greater use of digital tools for the promotion and sale of properties. The use of technology in the sale of your home can be beneficial when reaching an audience broader and speed up the sales process.

Current trends in the real estate market in Spain may have a positive impact on the sale of your home, however, it is important to be aware trends and adjust the price and sales strategy according to the current market. Also, if you have questions or need advice to sell your property, it is advisable to consult with a real estate agent to obtain a professional opinion.

During 2022, the average return on buying a flat to rent reached 6.5% in the main cities of Madrid and Barcelona.

At Homesearch Barcelona we explain which are the most profitable neighborhoods in Barcelona.

Nou Barris is the district of the Catalan capital that achieved a rate of return of 6.5% followed closely by Sans Montjuïc with 6.3%, San Martí with 6.2% and Horta Guinardó with 6%. Sant Andreu and Ciutat Vella have a profitability of 5.7% and 5.6% respectively.

As can be seen from this information, housing continues to be one of the best assets to invest in, and despite the fact that Madrid and Barcelona have a lower return than the Spanish average, 4.8% and 5.4% respectively, there are neighborhoods where the return on investment are usually above this average.

This means that investing in Barcelona and specifically in these neighborhoods may be the best way to obtain high returns, especially considering that these are areas with high demand, which will guarantee great dynamism in the real estate market.

However, the profitability of a home to invest always depends on some factors such as the location of the property itself, as well as the purchase price together with the purchase and sale expenses, including taxes, and of course the demand for rent in the area and the costs of maintaining the property.

Therefore, it is essential to carry out a detailed analysis of the investment and consider the different scenarios before making a decision. However, in order to be successful when investing in a property to rent, it is always advisable to use professional help in the sector.

Barcelona always has a wide variety of events throughout the year for all tastes and audiences. At Homesearch Barcelona we give you ideas to have in mind for this coming spring:

April

During the month of April there are some important events, starting with the Barcelona Open Banc Sabadell the 70th Conde de Godó Trophy, a tournament that brings together the world's tennis best players from April 15 to 23.

Of course, during the month of April we cannot forget our outstanding appointment with World Book Day and the celebration of Sant Jordi on April 23, a festival dedicated to culture and love.

For concert lovers, for two days (April 28 and 30) you have the opportunity to see the Boss, Bruce Springsteen, in concert at the Olympic Stadium.

May

The month of May is not far behind in terms of concerts either, since we will be able to enjoy Elton John on May 22 and 23 and Coldplay on May 24-25 and 27-28.

For lovers of classical music the 2^nd of May you can enjoy a concert at the Palau de la Música Catalana by the magnificent Berlin Philharmonic conducted by Kiril Petrenko (Berliner Philarmoniker & Petrenko).

In addition, from May 24 to 28, the 50th Conde de Godó Sailing Trophy will be held, one of the most exciting international regattas in the world.

During this month, a couple of events will also begin and will be available for a few months, such as the Rec.0 Festival, which is from May 10 to 13 and in November, offering the possibility of visiting its many ephemeral pop up stores, located in the old neighborhood factory in the city of Igualada with stocks at unique prices.

Also at the CosmoCaixa Science Museum on May 17 and until September 3 begins a journey through the creative process and science: The Science of Pixar.

What plan do you choose?

Buying a home is a big decision that requires a lot of thought and planning. There are two main options when it comes to buying a home: furnished or unfurnished. Each option has its own advantages and disadvantages that must be evaluated before making a decision. 

At Homesearch Barcelona we tell you what are the advantages and disadvantages of buying a home with or without furniture. 

Advantages of buying a home with furniture: 

❖ Time and money savings: One of the most obvious advantages of buying a home with furniture is the time and money saved by not having to buy and place new furniture. Most of the time, the house comes with quality furniture that is both useful and aesthetically pleasing.

❖ Matching Furniture: By buying a home with furniture, the furniture will be coordinated and complement the style and decor of the home, a great advantage for those who do not have the skill or time to decorate their home themselves.

❖ Move-In Ready: A furnished home is ideal for those who need to move quickly and don't want to worry about buying and placing furniture. The house will be ready to live in it from the first day. Disadvantages of buying a home with furniture: 

❖ Limited style: One of the biggest disadvantages of buying a furnished home is that the furniture may not be to your personal taste or style. It is possible that we have to live with furniture that we do not like or that is not functional for our needs.

❖ Lack of customization: When buying a home with furniture, you may miss out on the opportunity to personalize the home with your own style and décor. 

Pros and Cons of buying a home without furniture: 

❖ Freedom to personalize: One of the most obvious advantages of buying a home without furniture is the freedom to personalize the house with our own style and decoration. We can buy the furniture and accessories we want and create a home that is unique and personal.

❖ Cost savings: Buying a home without furniture means that we are not paying for furniture that is already included in the price. This can be a great advantage for those who want to save money when buying a home.

❖ Possibility of reform: When buying a home without furniture, we have the opportunity to renovate and update the home before placing furniture and accessories, which allows us to personalize our home. 

❖ Additional investment: When buying a home without furniture, additional money is spent on the purchase of furniture and accessories, a great disadvantage for those who do not have an additional budget for these expenses.

❖ Extra time and effort: If we buy the house empty, we will have to spend extra time and effort to find and buy furniture and accessories, a real inconvenience for those who have a busier schedule. 

In summary, the decision to buy a home with or without furniture depends on the individual preferences and needs of each buyer. Both have their own advantages and disadvantages that should be weighed before making a decision and it is important to consider the budget, time and effort available before deciding whether buying a home with or without furniture is the best option.

The "Golden Visa" is a type of residence visa that is offered in some countries to attract foreign investors. These programs offer the opportunity to obtain residency or citizenship in a country in exchange for a significant investment in the country, such as buying a property, investing in a business, or investing in a mutual fund.

Each country has its own requirements and investment limits, but in general, the "Golden Visa" gives visa holders the opportunity to live, work and travel freely within the country and, in some cases, throughout the European Union.

At Homesearch Barcelona we explain how it works and what are the requirements to obtain the Golden Visa.

The "Golden Visa" in Spain works as a temporary residence visa that can be obtained through an investment in the country. The program is intended to attract foreign investors and promote economic development in Spain.

To obtain a "Golden Visa" in Spain, a person must make a minimum investment of 500,000 euros in a property in the country or invest in a Spanish business. In addition, it is necessary to meet certain requirements, such as having health insurance and a bank guarantee.

Once the investment has been made and the requirements have been met, the person can apply for the visa and, if approved, is granted a one-year temporary residency. After one year, the visa can be renewed for additional periods of two years.

These are the requirements to obtain the "Golden Visa" in Spain: ➢ Investment: The person must make a minimum investment of 500,000 euros in a property in Spain or invest in a Spanish business.➢ Documentation: A series of documents is required, such as a valid passport, criminal certification, medical insurance and a bank guarantee.➢ Medical insurance: The person must have medical insurance that covers their medical needs during their stay in Spain.➢ Bank guarantee: The person must provide a bank guarantee that demonstrates that they have the financial means to support themselves during their stay in Spain.➢ Not having a criminal record: The person must demonstrate that they do not have a criminal record in Spain or in other countries. It is important to note that these requirements may change over time and there may be more requirements or additional documentation required depending on the individual case. Therefore, it is advisable to consult an expert for more information and advice on the requirements to obtain a "Golden Visa" in Spain. At Homesearch Barcelona we work with specialized lawyers that can guide you though this process.

Barcelona is a vibrant and lively city in an excellent location as it enjoys from the sea and few km away from skiing mountains, with very good connections with the rest of the world and Europe main cities. The combination of its warm climate, its intense cultural scene and its stable economy make it an attractive place to live and invest.

At Homesearch Barcelona we think these are the main reasons to invest in Barcelona:

• Privilieged location: Barcelona is located on the Mediterranean coast of Spain, which makes it a popular tourist detination. In addition, it is an importnat European Hub for Europe and other international destinations.
• Growing economy: The Catalan capital is one of the most important cities in Spain in economic terms. It has a broad base of industries, incluidng technology, toursim and financial services.
• Stable housing market: Unlike other cities, the housing market in Barcelona is stable and has proven to be resistant to economic fluctuations.
• Guaranteed income: By investing in a rental property in Barcelona, it is possible to obtain a regular and predictable income stream.
• Appreciation potential: Properties in Barcelona tend to revalue over time, thanks to the fact that the real estate market here is stable and solid, which means that the value of the properties will increase over time.
• High demand: Barcelona is one of the most popular cities in Spain, with a large number of tourists and people looking to settle here. This means that the demand for housing is high and constant.
• Profitability / Return: Investing in housing in Barcelona is a sure way to obtain a constant and attractive return. The average return is the city is of the 4% per year.
• Diversification: Investing in housing in Barcelona is a way to diversify your portfolio and minimize risk.

Investing in housing in Barcelona can be a good option for those looking for a safe investment, with an attractive return and constant appreciation.

Are you thinking of renovating your home or your investment in the city?

Before doing anything, it is very important to be well informed of all the requirements and necessary documents to get started and not have future surprises and to get down to work safely.

Depending on the type of work that we are going to carry out, we will have to follow certain procedures and we must always consult with the local administration in order to find out what the necessary requirements as there is certain documents that are mandatory when starting a property renovation.

If its about simple works, with no change of structure, a minor work license will have to be requested and on some occasion a responsibility declaration is also required. For those small-scale jobs or some simple improvements such as renovation works in kitchens and bathrooms, floor and wall changes (not structural or supporting walls), renovation of facilities or paintings, only this minor work permit is needed.

If it’s a more complex refurbishment, you will have to request a major work license together with the reform project. A complex renovation is one that affects structural elements and are usually large scale works and with a significant economic cost, which is why its important to have the project from and architect or technical architect that will guarantee all the works are going to be carried out in a safe way and according to the local laws.

In any case, the requirements always vary from one city to another and it is always important to carry out the process with prior communication to the neighbours and City Hall. Likewise, it is always convenient to communicate to the community of owners the intention of the works we will carry out.

At Homesearch Barcelona we are specialized in works and renovations and we have all the necessary resources to design and improve your property. We take care of successfully managing all the renovations works with our trusted builders. 

If you are thinking to purchase a house, apartment or building in Barcelona you will probably have a lot of doubts and questions… that is why, we always recommend to be assisted by a professional.

If you are thinking of selling a property and you have a budget (doesn’t have to be an expensive one) to carry out a renovation project, the chances of sale, in addition to revaluing its price, are very high. It is very important to know which are the most valued elements by potential buyers.

One of the most important steps in a sale transaction is the appraisal of the property since it’s a necessary procedure in case of asking for mortgage finance.

During 2022, the profitability of property rentals in the city of Barcelona climbed to 5.7% and continues to rise. 

When we think about renting a property usually what comes to our minds is the traditional long term contract, however, there are other rental alternatives that we should have in mind in order to obtain the most of it and best return of a property investment in a secure way, such as the middle term or monthly rent (that should be of a minimum of 32 nights).

In the city of Barcelona, the Christmas festivities begin with the Fira de Santa Llúcia or Santa Lucia Fair, it’s a Christmas market that takes place in the Cathedral of Barcelona around each year.

Winter is coming … And now is the time to start thinking about how you will save energy during this season.

Finding the perfect property is a great challenge and that’s why we want to help with all our expertise knowing Barcelona City, and 20 years of experience giving all our clients everything they need.