Bargain property prices and historically low interest rates are putting Brits ahead in the overseas property race, says Conti’s operations director Clare Nessling. “With the endless stream of doom and gloom stories about the economic downturn, you could be forgiven for thinking that the nation’s dreams of owning a property abroad have totally dried […]
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Sun, sea and mortgages
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27.8% growth in foreign property investment a sure sign of Spanish market revival
Foreign investment in Spanish property grew in 2011 according to figures from the Bank of Spain. After surging by 27.8% through September over the same period in 2010 which experienced a mere 2.6% growth, overall transactions reached 3.6 billion euros with the Bank of Spain reporting that these investments exceeded 1 billion euros for three […]
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New NIE procedure ‘won’t affect Spanish property market’
From 3 January 2012 the Spanish authorities have changed the rules on how foreign property buyers obtain their fiscal identification number or NIE. A power of attorney is no longer acceptable and every purchaser has to attend in person, either in Spain or at their local Embassy. An NIE, abbreviation for Número de Identificación de […]
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New release in Costa Blanca !
Lagunas del Sol is a residential complex, rural in nature, located in the municipality of Rojales. It consists of townhouses in a natural setting near to beautiful beaches. The properties are built on two floors with 2 or 3 bedrooms, a garden and private parking. All the properties have been built to excellent specifications and […]
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Buyers can still buy VAT free in Spain with Taylor Wimpey España
It was confirmed on the 31st of December 2011 under the Royal Decree – Law 20/2011 that the reduced VAT rate of 4% introduced in 2011 will remain applicable for all new build properties only in Spain throughout 2012. In an ongoing effort to reduce the volume of stock property in Spain and stimulate the construction […]
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Spanish house builder forecasts a positive outlook for Spanish property in 2012
A growing number of experts believe that the Spanish property market is showing signs of recovery following the well documented economic crash which has plagued numerous global property markets. With a brand new year ahead we ask award-winning Spanish property builders Taylor Wimpey España for insight into the future of Spanish property in 2012. With years of […]
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Properties sold to foreign residents in Spain increase by 24.7% in third quarter of 2011
Property sales made by foreign residents in Spain experienced an increase of 24.7% in the third quarter of 2011 compared to the same period last year according to statistics from The Ministry of Public Transactions. This figure takes into account all foreigners who live and resident in Spain while further statistics show that the provinces […]
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Have yourself a very Spanish Christmas
One thing is guaranteed if you spend Christmas in Spain – it is going to be considerably cheaper for Mum and Dad than it would be in the UK. It’s not that the Spanish do not celebrate the Christmas period but they haven’t gone mad with the commercialism of the event which will cost […]
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No rain in Spain with 8% increase in tourism and positive property sales recorded
Spain has enjoyed a much improved year in terms of tourism levels welcoming 50.9 million visitors in the first 10 months of 2011, an 8% increase compared with the same period last year. In fact, Spain has shown no signs of slowing down with around 5.1 million arrivals entering the country last month. October alone […]
