As of next year, the wealth tax in Andalucia will cease to exist after the regional government’s decision to offer residents and non-residents 100% exemption from the tax. The measure comes into effect in 2023 and will release around 16,700 taxpayers from their obligations. Second region in Spain to abolish tax With the latest exemption,… [Read more…]
With around 1,000 new residents every month, Malaga province has one of the fastest-growing populations in Spain. And as a result, supply levels on the Costa del Sol property market are dropping fast. A new report proposes a fast-track licencing system to speed up permissions for new builds and alleviate the shortage of inventory. Fastest… [Read more…]
As vaccine programmes advance and international travel returns to the agenda, what does this mean for real estate on the Costa del Sol? According to a recent report, the changes in the health situation and return of foreign visitors means a quick reactivation of the Costa del Sol property market, particularly in Q3 and Q4… [Read more…]
From the very start of the pandemic, the new-build sector on the Costa del Sol has proved able to withstand a crisis. And 18 months from the arrival of Covid, new builds continue to consolidate their upward trend. A study of Costa del Sol’s new-build prices for Q2 this year finds that increases range from… [Read more…]
BOOST FOR MARBELLA REAL ESTATE INVESTMENT: RENTAL PRICES RISING The rising property market in the greater region of Marbella is presenting opportunities for those in the know. Now is the time to invest, purchase prices are still below pre-crisis price level, and demand for holiday and long term rentals is rising enormously. Courtesy of the… [Read more…]
Enjoying your hard-earned pension in sunny Marbella Retiring in Marbella is a long-held dream for many people. Who wouldn’t want to spend their days in the sun, enjoying sandy beaches, healthy food and activities – and usually all that for a lower price than in the UK, too. There’s a plethora of luxury retirement homes… [Read more…]
Marbella continues to be a popular area to live a life in luxury. That much was proven last month, when Town Hall gave the green light for a number of housing projects worth 6.5m euro. Locations for the property in the Marbella region include Sierra Blanca, Altos de los Monteros and Guadalmina. These high-end new… [Read more…]
The Spanish house market is doing better. Increased confidence and flourishing tourism amongst others have led to higher house prices in some areas of Spain. But this increase in house price is not keeping the British from buying a property in Spain. On the contrary, house sales in Spain to foreigners, including residents from the… [Read more…]
Buying a property in Marbella has always been popular because of the town’s vast range of luxury villas, houses and apartments, but various economic factors such as price levels have really turned the tables of late. There has been an increase in buyer demand, not in the least for the high end properties this area… [Read more…]
Positive Spanish property news Spanish property news has been very positive this year, as the latest monitor of the Royal Institution of Chartered Surveyors (RICS) continues to show a positive sentiment for the Spanish property market. Not just the greater region of Marbella – which had been ahead of the rest with regards to positive… [Read more…]
