Last week, Spain approved tax increases which could see VAT payable on new property purchases increasing as of 1 January 2013 from the current 4% super reduced rate to 10%, unless the Spanish Government makes an exception. Tax reduction on new property was made effective in August 2011, when the government of José Luis Rodríguez […]
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Only 4% VAT until 31st Dec 2012
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“Big opportunities for shrewd property hunters in Spain”, says Taylor Wimpey España who recently experienced their strongest sales performance for 2012
There’s no denying that the Spanish economy has been suffering recently. Banking losses resulting in the Iberian nation asking for help to recapitalise its banks has caused concern and aided a decline in property prices but for bargain property hunters, it isn’t all doom and gloom. While investment house Variant Perception reports that parts of […]
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Owning a golf property is a ‘wise move’ as KPMG reports 60% increase in golf holidays
According to the latest Golf Travel Insights report from KPMG, 60% of golf tour operators experienced an increase in the number of golf holidays booked in 2011, compared to just 38% in the previous year, highlighting a welcomed boost to the golf tourism sector. Utilising the feedback of 90 golf tour operators in 35 countries, […]
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Outlook for Spanish property positive as Taylor Wimpey España records 21% increase in sales
Inbound tourists to Spain spent a total of €9.01 billion in Q1 2012, an increase of 7.4% over the same period in 2011 according to the Tourist Expenditure Survey conscripted by the Institute for Tourism Studies of the Ministry of Industry, Energy and Tourism. While the survey identified that in March 2012 alone, inbound tourists […]
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Realistic asking prices for Spanish property draw in Scandinavian buyers
It seems that sellers of Spanish property are being a little more realistic when it comes to asking prices according to Spain’s largest English language property portal, Kyero.com’s Q1 2012 House Price Index. Kyero.com predicts that Spanish property prices will ‘bottom-out’ in 2012, while foreign buyers from stronger Eurozone nations continue to purchase Spanish property […]
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Show homes in the best locations. Ready to move in now
MALLORCA Edificio Alber – Palma de Mallorca: A-1-C 2 bed apartment Parking space includedprice 218.000 € Sa Torre – Portol: 2-Bajos A 2 bed apartment Parking space includedprice 161.000 € Pollentia Mar – Puerto Pollensa: BA-D3-3 2 bed apartment Parking space includedprice 275.500 € MALLORCA El Puerto II – Cala D’Or: C-1-3 2 bed […]
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Your Place in the Sun
A Place in the Sun Live is the perfect place to meet prospective agents when you’re thinking of buying a property overseas. And as you are already in touch ww would like to offer you free tickets to come and visit us at Earls Court London on 30th March – 1st April 2012. A Place in […]
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Spain ‘still affordable for British buyers’
British buyers can still look forward to paying less for a Spanish property, despite little improvement in the exchange rate between sterling and the euro in February. This is according to Currency Index, which noted Spain is among the destinations where real estate has become cheaper for those purchasing in sterling. Overall, the cost of […]
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Spanish property could form part of a pension portfolio
People looking at their plans for retirement may want to consider the merits of owning overseas property as part of their nest egg. Individuals may be tempted to invest in property in Spain following advice from ipsbmv.com, which has warned that millions of people could spend their old age with reduced incomes. The website recommended […]
