{"id":12926,"date":"2023-07-21T17:42:00","date_gmt":"2023-07-21T16:42:00","guid":{"rendered":"https:\/\/firmalex.com\/?p=12926"},"modified":"2023-11-09T17:44:44","modified_gmt":"2023-11-09T16:44:44","slug":"what-is-the-best-time-to-buy-a-home-in-spain","status":"publish","type":"post","link":"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/","title":{"rendered":"What is the best time to buy a home in Spain?"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote\"><p>Before making such an important decision, it is essential to know the best time to buy a home. If you plan to do it this year, keep reading.<\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Buying_a_home_in_2023\" >Buying a home in 2023<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Best_time_of_the_year_to_buy_a_house\" >Best time of the year to buy a house<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Buying_a_house_in_spring\" >Buying a house in spring<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Buy_a_house_in_summer\" >Buy a house in summer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Buying_a_house_in_the_fall\" >Buying a house in the fall<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Buying_a_house_in_winter\" >Buying a house in winter<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Keys_to_choose_when_to_buy_a_house\" >Keys to choose when to buy a house<\/a><ul class='ez-toc-list-level-5' ><li class='ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Financing\" >Financing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Price\" >Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Time\" >Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Housing_type\" >Housing type<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Further_information\" >Further information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/#Solve_your_doubts\" >Solve your doubts<\/a><\/li><\/ul><\/nav><\/div>\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buying_a_home_in_2023\"><\/span>Buying a home in 2023<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>This year 2023 in relation to the purchase of housing is <strong>marked by inflation and the rise of the Euribor <\/strong>and interest rates. Due to this, <strong>falls in sales and a decrease in the price <\/strong>of homes are expected.<\/p>\n\n\n\n<p>However, the real estate market in 2023 <strong>will remain stable.<\/strong><\/p>\n\n\n\n<p>Before buying a home this year, buyers should <strong>take into account:<\/strong><\/p>\n\n\n\n<ul><li>The <strong>time <\/strong>of purchase.<\/li><li>The real estate <strong>offer.<\/strong><\/li><li><strong>Financing <\/strong>conditions.<\/li><li>The <strong>price <\/strong>of the house.<\/li><li>The <strong>savings <\/strong>you have.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Best_time_of_the_year_to_buy_a_house\"><\/span>Best time of the year to buy a house<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Although it is possible to purchase a home at any time of the year, <strong>each time of the year has its advantages and disadvantages <\/strong>when carrying out this type of operation.<\/p>\n\n\n\n<p>This can make a significant difference in a large transaction.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buying_a_house_in_spring\"><\/span>Buying a house in spring<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The months leading up to summer are a <strong>good time to visit <\/strong>both first and second homes as the days are long and the weather is beginning to improve.<\/p>\n\n\n\n<p>For the purchase of a first second-hand home it is a good time since it is a <strong>good time to carry out a reform <\/strong>in it.<\/p>\n\n\n\n<p>Regarding the acquisition of a second residence, if it is purchased in the spring <strong>it will be ready to enjoy in the summer months.<\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buy_a_house_in_summer\"><\/span>Buy a house in summer<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>In the summer months <strong>the number of homes that are for sale is less <\/strong>than the rest of the year due, on the one hand, to the fact that many of them are used for vacation rentals.<\/p>\n\n\n\n<p>Because the supply decreases, <strong>prices increase during the summer,<\/strong> so it is not a good time to invest in a home.<\/p>\n\n\n\n<p>In addition, it coincides with an <strong>increase in spending in most families,<\/strong> as it coincides with family vacations.<\/p>\n\n\n\n<p>On the other hand, summer is a <strong>good time to review the market <\/strong>and the available offers.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buying_a_house_in_the_fall\"><\/span>Buying a house in the fall<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The <strong>best months to buy <\/strong>a home are in the fall. What&#8217;s more, the most recommended month for home buying is <strong>October.<\/strong><\/p>\n\n\n\n<p>On the one hand, <strong>the number of new construction homes is greater,<\/strong> so there is a greater supply and prices fall.<\/p>\n\n\n\n<p>On the other hand, <strong>financial institutions usually improve their offer <\/strong>because they are in the last quarter of the year and have to meet annual objectives.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Buying_a_house_in_winter\"><\/span>Buying a house in winter<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Winter <strong>is not usually a good time <\/strong>to buy economically since it coincides with all the Christmas expenses and the January cost.<\/p>\n\n\n\n<p>The positive aspect of these months is that there is usually an offer that has not been sold during the year and <strong>it is possible to negotiate <\/strong>price reductions.<\/p>\n\n\n\n<p>After seeing the advantages and disadvantages of each time of the year, there are better times than others to make the purchase. Therefore, and as we have seen, the best time of year to buy a house is in autumn.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Keys_to_choose_when_to_buy_a_house\"><\/span>Keys to choose when to buy a house<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>To know if it is a good time to buy a property, it is important to take into account some factors<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financing\"><\/span>Financing<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The increase in the Euribor has generated fear of contracting variable-rate mortgages. This has meant an <strong>increase in the demand for fixed rate mortgages.<\/strong><\/p>\n\n\n\n<p>Thus, banks are offering options with <strong>higher interest rates.<\/strong><\/p>\n\n\n\n<p>However, access to mortgages is complicated and, due to the <strong>decrease in demand,<\/strong> financial institutions are forced to make a <strong>price correction.<\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Price\"><\/span>Price<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>The drop in demand for housing can cause a <strong>drop in prices.<\/strong> This will occur in areas with a lot of supply and where there is not great interest from investors and buyers.<\/p>\n\n\n\n<p>Prices will remain <strong>stable in large cities <\/strong>and tourist areas.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Time\"><\/span>Time<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>Most buyers may <strong>need more time <\/strong>to make the decision to buy a new property due to economic uncertainty.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Housing_type\"><\/span>Housing type<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<p>In the case of new housing, there are several factors that affect its construction, such as the war in Ukraine and the shortage of raw materials.<\/p>\n\n\n\n<p>That is why <strong>Second-hand homes are a more attractive option.<\/strong> In addition, they are delivered immediately and the exact interest rates of the mortgage are known. As we have seen, knowing the best time to buy a home can make important differences at an economic level. The best time to do it is in autumn and the ideal type of home is second-hand, although currently interest rates and financing conditions are not the best.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Further_information\"><\/span>Further information<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>This article is part of our service <a href=\"https:\/\/firmalex.com\/en\/real-estate-lawyer-spain-costa-blanca-valencia-alicante-denia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Real Estate Lawyer in Spain<\/a>. Visit this section where you will find all the useful information on this topic, including a complete guide on <a href=\"https:\/\/firmalex.com\/en\/how-to-buy-a-house-in-spain\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to buy a house in Spain<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Solve_your_doubts\"><\/span>Solve your doubts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>&#x2705; Our staff speaks perfectly Spanish, Valencian, English and German with what will be able to communicate with us in your own language and thus clearly resolve your queries.<\/p>\n\n\n\n<p>&#x1f4cd; Denia \u2013 Plaza del Convento, 6 &#8211; Mezzanine floor door B<br>&#x1f4cd; Valencia \u2013 Calle Creu Roja, 1 &#8211; Block 6, Floor 1, door 10 (* only by appointment)<\/p>\n\n\n\n<p>&#x2709;&#x1f4de; Contact: <a href=\"mailto:info@firmalex.com\" target=\"_blank\" rel=\"noreferrer noopener\">info@firmalex.com<\/a> \u2013 Tel. <a href=\"tel:+34966421416\" target=\"_blank\" rel=\"noreferrer noopener\">+34 966 421 416<\/a> \u2013 Whatsapp <a href=\"https:\/\/wa.me\/34622497615\" target=\"_blank\" rel=\"noreferrer noopener\">+34 622 497 615<\/a> <\/p>\n\n\n\n<p>Follow us: <a href=\"https:\/\/www.facebook.com\/FIRMALEXcom\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a> &#8211; <a href=\"https:\/\/www.linkedin.com\/company\/firmalexcom\/\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before making such an important decision, it is essential to know the best time to buy a home. If you plan to do it this year, keep reading. Buying a home in 2023 This year 2023 in relation to the purchase of housing is marked by inflation and the rise of the Euribor and interest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[210,246],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the best time to buy a home in Spain? - FIRMALEX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/firmalex.com\/en\/2023\/07\/21\/what-is-the-best-time-to-buy-a-home-in-spain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the best time to buy a home in Spain? - FIRMALEX\" \/>\n<meta property=\"og:description\" content=\"Before making such an important decision, it is essential to know the best time to buy a home. 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