PINNACLE - Property Finder Spain | Spanish Home Finders

  Many banks offer tailored services for foreigners, providing documents and communication in English. Sabadell Bank and BBVA also offer competitive services for foreigners, while Santander has branches in the UK. British banks like HSBC and Barclays have branches in Spain, mainly in large cities, which may not be convenient for everyone unless they are comfortable with online banking. Bank fees can vary significantly among different banks, with some charging higher fees for similar services. While most Spanish banks do charge fees, there are accounts available for residents that can help avoid these fees, such as a nomina account where a regular amount is deposited, typically over €600. Additionally, many banks do not charge fees on accounts holding larger balances, such as around €50,000. Holders of non-lucrative or retirement visas may enjoy free banking services, provided they can demonstrate a substantial income or reserves. Spanish banks typically do not issue chequebooks, w...

  Your European driving licence will be valid in Spain as long as it is current . Any exchange of your valid EU licence is therefore entirely voluntary. Exchange means we replace the driving licence you used to hold with an equivalent Spanish driving licence . If your European licence expires , you must renew it in order to continue driving. This renewal involves exchanging your licence for a Spanish one. Also, if the driving licence has an indefinite period of validity (no expiry date), or is valid more than 15 years for group 1 (AM, A1, A2, A, B and BE), or more than five years for group 2 (C1, C1E, C, CE, D1, D1E, D and DE), you must renew it two years after establishing your ordinary residence in Spain. Exchanging driving licences Exchanging a licence involves approval of the driving licence you already hold. The licence you held is exchanged for the equivalent Spanish licence. The procedure is much simpler to follow than obtaining a new licence. Driving licences issued in...

 Vigo, which was previously recognized as the city with the best quality of life in Spain, has now been surpassed by Pamplona according to a ranking compiled by the MWCC. In a study conducted by the Organization of Consumers and Users (OCU) last May, Vigo was deemed the Spanish city with the highest quality of life in terms of mobility, public safety, healthcare services, educational services, cultural offerings, and more. The study also took into account factors such as recreational activities, sports, pollution levels, the job market, cost of living, real estate market, and cleanliness in the city. However, the MWCC, which stands for Madrid World Capital of Architecture, Engineering, and Construction, has recently released a report using data from Numbeo, the world's largest collaborative database of countries and cities. According to this report, Pamplona has now been crowned as the city with the best quality of life in Spain. Residents of Pamplona also consider it to be the mos...

 1. Begin your journey to owning a home in Spain by first dreaming, brainstorming, and researching. Whether it's a long-held dream or a new idea sparked by a memorable holiday, the initial step is crucial. Start by envisioning what you want in a property, brainstorming ideas on how you can make it a reality, and conducting thorough research on the real estate market in Spain. This phase will help you clarify your goals, preferences, and financial capabilities before moving forward. 2. Before diving into the process of buying a property in Spain, it's essential to establish some fundamental aspects. Determine whether the property will be solely for personal use or if you plan to generate income from it. Consider if you intend to make it your permanent residence in the future. Assess your financial situation to understand what you can afford and whether you'll need to secure additional funds through a loan. These initial considerations will shape your approach to the property...

 Housing prices maintain a relatively stable growth rate, but with very significant levels of increase. Moreover, the year-on-year increase of 7.7% is in addition to the 10.2% increase in May 2023. All the autonomous communities recorded year-on-year increases in the price of used homes for sale in May.  The most pronounced increases, above 10%, were in the Canary Islands (+24.2%), Madrid (+18.6%), Valencia (+14%), the Balearic Islands (+13.1%), and Andalusia (+11.6%). They are followed, below double digits, by Murcia (+9.4%), Galicia (+6.8%), Basque Country (+6.7%), Cantabria (+6.2%), Asturias (+5.4%), Navarra (+4.1%), La Rioja (+3.8%), Castilla-La Mancha (+3.1%), Castilla y León (+2.2%), Cataluña (+2.1%), Aragón (+1.9%) and Extremadura (+0.8%).  The regions with the most expensive second-hand homes are the Balearic Islands and Madrid, with 4,159 euros and 4,085 euros per square meter, respectively.

 An oceanfront mansion, a ranch in the mountains or a penthouse in some old European city. Being rich is synonymous with having two, three or more secondary residences in which to spend vacations or work remotely. In the search of millionaires to find the best location for their homes, Madrid is gaining ground. In fact, it is the world's fourth most popular destination to buy luxury, according to the Barnes City Index 2024, surpassing destinations such as Paris, Monaco and London. The list is led by Dubai, which ranked fifth last year, followed by Miami, New York, London, Austin and Lisbon. The Spanish cities of Barcelona and Malaga are also among the 50 most sought-after destinations in the world, ranking 19th and 47th, respectively. As for Madrid, Barnes experts note that the world's great fortunes have set their sights on the Spanish capital, encouraged by the quality of life, the climate and the security offered by the city. "Cosmopolitan, cheerful and lively,...

 

  There are several benefits to using a Pinnacle buyer agent when searching for properties in Spain. Firstly, they have access to a wide range of properties that may not be available to the general public. This can give you a competitive edge in the market. Secondly, buyer agents can negotiate on your behalf to get you the best deal possible. They have a strong understanding of the local market and can help you navigate any legal or cultural differences. Lastly, buyer agents can save you time and stress by handling all the paperwork and logistics involved in buying a property in Spain When looking for a buyer agent in Spain, it is important to do your research and find a reliable and trustworthy professional.  Once you have a contacted with us, schedule an interview to ask about our experience, qualifications, and fees. Once you have chosen a Pinnacle buyer agent to work with, it is important to communicate your wants and needs clearly. Make sure to provide them with a detaile...