Buying Guide

New developments in the vibrant capital of Gran Canaria

Las Palmas, the vibrant capital of Gran Canaria in Spain, is experiencing a renaissance in its real estate landscape, particularly in the realm of apartment construction. With its stunning beaches, bustling city life, and rich cultural heritage, Las Palmas has become a magnet for investors and developers seeking to capitalize on its unique charm and growing demand for modern living spaces. This article...

Rental Market in Maspalomas: A Comprehensive Guide

Maspalomas, nestled along the sun-kissed shores of Gran Canaria, is not just a holiday destination but also a vibrant community offering diverse rental opportunities. Whether you're seeking a long-term residence, a vacation retreat, or an investment property, understanding the rental market in Maspalomas is key to making informed decisions. In this guide, we'll delve into the intricacies of the rental...

Podcast – How to buy a property in Spain?

Welcome to Episode 2 of our podcast where we bring lots of relevant information for buyers, sellers and anyone interested in property! In this episode, we have a guest who works in a Spanish bank with mostly international customers. We asked him about all the questions we often get asked by our customers. Episode Overview: We move through how easy it is to get a loan, who gets a loan and how to...

Real estate market in the Canary Islands

After the financial crisis that hit Spain in 2008, the Real Estate market in the Canary Islands has experienced a significant recovery. Below are some relevant data that illustrate the evolution of the Real Estate market in this region. 2.204 properties sold in January 2023 According to the INE Property Rights Transfer Statistics, in January 2023, 2,204 sales were registered, representing an...

Millennials, the fastest growing luxury home owners

Millennials are making a significant contribution to the luxury housing market. With a total of 3 million euros of luxury home transactions, they already represent 25% of all sales in this market. As the Millennials and Centennials spending habits will grow to 3 times more than other generations, they will account for 60% of luxury home buyers in 2025. However, currently, the purchase and sale of...

1-2-3 SOLD!

We have had several apartments that have been sold in record time with us. We are sharing this post so that our existing and new customers can see which properties were very popular and which were sold in less than 1 month. We at IHI market our properties on marketplaces in Spain and abroad and have a good reach with our homes, yet we see that apartments that are ready to move into are a definite...

Gran Canaria property costs overview

When purchasing your home in Gran Canaria, it is crucial to consider the additional costs beyond the property's sale price. After inspecting potential homes and valuations, a 10% deposit, known as the Arras Contract, is required to secure the property. By entering into the Arras Contract, the buyer and seller agree to the terms of the contract, if either party backs out they will face compensation...

Buying Assistance Package

Many individuals allow their dream of owning a home in Gran Canaria to remain just that, a dream, as they are daunted by the complex Spanish rules and bureaucracy. Admittedly, it is easy to become overwhelmed when you go alone, but it doesn't have to be that way.  With our comprehensive "Buying Assistance Package," you can sit back and relax while we handle all the hard work for you. Whether...

Buying Guide – Signing of contract

The Arras is a crucial step in any property purchase in Spain. It serves as a legally binding contract between the buyer and the seller, outlining the terms and conditions of the transaction. In order for the Arras to be valid, the buyer must transfer 10% of the purchase price as a deposit, which is held in escrow until the completion of the sale. Furthermore, the buyer must provide proof of this transfer...

Buying Guide – The bidding process

At International Home Investments, we understand that buying a house is a significant investment, and we strive to make the process as smooth and stress-free as possible for our clients. One crucial aspect of the buying process is handling bids and offers. In Spain, the real estate market is not regulated, meaning that the rules for handling bids and offers can vary. At IHI, we have a standard process...

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