Understanding Mortgage Protection with Life Insurance

Understanding Mortgage Protection with Life Insurance

With the persistent rise of the Euribor, the mortgages They have become more expensive in the last 20 months. In this sense, the index review to which 3.7 million loans in Spain are linked translates into a increase in fees. In relation to the update this August, mortgage holders will pay on average 227 euros … Read more

China’s Country Garden Debt Restructuring and its Impact on the Economy

China’s Country Garden Debt Restructuring and its Impact on the Economy

There are two groups of bondholders seeking debt restructuring talks, with one of the main groups close to appointing Moelis or PJT as financial advisers, the sources said. This group holds the firm’s foreign bonds in the amount of about two billion dollars (46.7 billion CZK) and consists of international investors and fund managers, one … Read more

Government Measures and Aid for Mortgage Borrowers Amidst Rising Variable Rates

Government Measures and Aid for Mortgage Borrowers Amidst Rising Variable Rates

He mortgage benchmark of Spain is at the level of 15 years agobefore the outbreak of the financial crisis. As a consequence, the loans mortgage at variable rate are registering a significant increase. In this situation, there are different aids to alleviate the effects of a runaway euribor. Government aid: Code of Good Practices for … Read more

Understanding the Tax Implications When Selling a Home: How to Avoid Paying Capital Gains Tax

Understanding the Tax Implications When Selling a Home: How to Avoid Paying Capital Gains Tax

When a home is sold there is expenses such as IRPFplus municipal value and IBI which we must count on. Of them the one taxes the capital gain obtained from the saleattributable to the income tax returnis usually by far the largest and, however, the seller would not always be obliged to pay it. exist … Read more

Balearic Islands Maintain Highest Rental Prices in Spain, with 19.5% Year-on-Year Increase

Balearic Islands Maintain Highest Rental Prices in Spain, with 19.5% Year-on-Year Increase

In September, the Balearic Islands remained the autonomous community with the highest rental price, with 15.45 euros per square meter for a standard apartment, above the national average of €10.93/m², according to the real estate portal. pisos.com The price has risen 19.5% in September on the islands compared to the same month last year, Although … Read more

Crisis in China’s Real Estate Market: Excess of Vacant Apartments and Economic Damage

Crisis in China’s Real Estate Market: Excess of Vacant Apartments and Economic Damage

The crisis in China’s real estate market is causing serious damage to the country’s entire economy, but a former head of national statistics has put it another way. Even China’s entire population of 1.4 billion people will not be enough to occupy all the vacant apartments in the country, the former deputy head of China’s … Read more

New York Takes Action Against Illegal Airbnb Listings

New York Takes Action Against Illegal Airbnb Listings

Airbnb In New York, with a population of around eight million, there are thousands of offers on the platform that are illegal according to the guidelines. (Photo: Reuters) New York In view of astronomical rents and an acute shortage of housing in New York, the US east coast metropolis wants to enforce restrictions on short-term … Read more

Vietnam’s New Circular on Lending Activities Allows Loans for Real Estate Projects

Vietnam’s New Circular on Lending Activities Allows Loans for Real Estate Projects

Hanoi (VNA)- The new Circular of the State Bank of Vietnam (BEV) on the lending activities of credit institutions and branches of foreign banks does not prohibit granting loans to clients to implement real estate projects. According to the head of the BEV’s Monetary Policy Department, Pham Chi Quang, the BEV and the banking system … Read more

Rising Construction Loan Interest Rates and Implications for Property Buyers

Rising Construction Loan Interest Rates and Implications for Property Buyers

Construction site home Building is more expensive than it has been for a long time. (Photo: Ingo Bartussek – stock.adobe.com) München Anyone who takes out a construction loan today pays interest that is a good three and a half times as high as before spring 2022. “Another increase, albeit a slight one, is more likely … Read more