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The Usufructuary: Rights and Responsibilities

The usufructuary of a house or any other property has a series of rights linked to ownership, but is also subject to certain limitations. Understanding what it means to be a usufructuary and what are the associated obligations is essential if you are considering this role or if you are legally entitled to...
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Rules and Regulations for Community Pool Use: What You Need to Know

Not everything goes when it comes to making use of common areas within a community of owners, and community pools are no exception. In fact, they are one of the areas that usually generate the most conflicts among neighbors, precisely because of their great attractiveness and potential danger. As with any other matter within a horizontal property regime, it is possible to adopt rules and agreements that limit and limit the use of the pool area. In this article we tell you what matters can be regulated by the owners' meeting and what majorities are necessary in each case. Also which are the laws and norms that affect the communal swimming pools and which are the minimum rules that they impose.
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Exploring Housing Relinquishment: Housing Stability and Alternatives

Guaranteeing housing stability without undermining income is a priority in our times. That is why the assignment of a home stands as a priceless gift for your loved ones, giving them the use of a property without affecting your property or your finances...
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Declaration of the sale of a property in the 2024 Income Tax Return

If during the 2023 tax year you sold your real estate property, it is essential to reflect this transaction in your income tax return for the year 2024. The window to make this declaration opens next April 3 and ends on July 1.Most of the income generated must be accounted for during the Income Tax Campaign. One of these incomes corresponds to the patrimonial increase derived from the sale of a house. Depending on the particular situation, the age and the amount obtained, a Personal Income Tax (IRPF) withholding rate will be applied. Here we provide you with detailed information on how to deal with the sale of a property in your income tax return...
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Essential Guide: The Most Common Home Buying Mistakes and How to Avoid Them

Acquiring a home represents one of the most significant moments in a person's life. It is not simply a material good of little value, but a considerable investment that involves long-term financial commitments and transcendental decisions that affect multiple aspects of our lives. That is why it is crucial to be aware of the most common mistakes made in this process. Here are some of them for you to keep in mind if you are considering buying a property this year...
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Dividing a House in Two: Steps and Legal Considerations

Having a large home offers the convenience of larger, more comfortable spaces. However, in terms of profitability, many owners of large homes choose to divide the property into smaller apartments. This practice not only streamlines the selling process, but also provides the opportunity to generate additional income by renting out part of the space....
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Guide to buying and selling a parking space

Acquiring a parking space can be a risk-free investment that simplifies life, especially if you choose a space in a central, high-demand location. The ability to rent or sell in the future offers flexibility. In this article, we will explore the essential steps for both buying and selling a parking space, including aspects such as expenses and taxes.
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Average Wage in Spain Reaches Historic Levels with Madrid in the Lead

The Adecco Monitor of Employment Opportunities and Satisfaction reveals that the nominal average salary in Spain has reached an all-time high, amounting to 1,920 euros per month in 2023, representing a growth of 5.4% over the previous year. This figure marks the highest figure in the consultancy's historical series, evidencing a continuous trend of wage recovery that has been maintained for 11 consecutive quarters in all autonomous communities.
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Step-by-Step Guide to Applying for Social Housing in Madrid 2024

Step-by-Step Guide to Applying for Social Housing in Madrid 2024The search for social housing in Madrid can be a challenging process, but the Empresa Municipal de Vivienda y Suelo (EMVS) offers an accessible path for those with limited resources. Here is a step-by-step guide to applying for social housing in the Spanish capital.
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The lottery: Buy a house or invest? What to do with the prize of 400,000 euros

Can you imagine winning the lottery and receiving a prize of 400,000 euros? For many Spaniards, this poses a crucial decision: plugging financial holes or finally buying a home? According to an iAhorro survey analyzed by Fotocasa, these two destinations are the clearest for the majority of...
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Extension of Fiscal Aid: The Opportunity to Refurbish your Home and Make it More Energy Efficient.

If you are considering the rehabilitation of your home to improve its energy efficiency, there is excellent news: the fiscal aid has been extended until the end of 2024. This extension seeks to alleviate the impact of the high cost of materials, which has been an obstacle for many homeowners and communities of neighbors. The initial investment often exceeded the available budgets, delaying the works or even preventing them...
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How to Access Homebuying Grants in Spain? Discover the Options in 2023

Buying your own home may seem a distant goal, especially with the high initial savings requirements and the tightening of access to financing. According to Fotocasa's "Radiografía del mercado de la vivienda en 2023" study, high prices and rising interest rates are driving young people away from the real estate market, generating a notable decrease compared to the previous year.‍However, in an effort to make home purchases accessible, several autonomous communities have implemented aid programs during 2023. These programs offer guarantees or direct economic assistance to facilitate financing and reduce the amount of savings required or subsidize part of the purchase price, mainly aimed at young people....
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