FAQ, page 19
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Costa Calida is popular amongst home-buyers. According to data from the College of Real Estate Registrars of Spain, Murcia is in 4th place after the Balearic, Canary Islands and the Valencian community in terms of demand from foreigners buying real estate. Foreign investments have become one of the most important factors to positively influence the Spanish real estate market’s development. The demand remains high - a key element in achieving high purchase rates and sales transactions. The warm coast has a lot to offer tourists. In...
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Costa del Sol has kilometers of fantastic sandy beaches, an enviably warm climate, and the pleasant waters of the Mediterranean Sea. More than that, there are extensive sports and recreation on offer, a relaxed atmosphere and excellent cuisine. In this article, we’ll outline the features of the Costa del Sol region and the advantages of living on the «sunny beach. Contents: Overview of the Costa del Sol region Housing for sale in Costa del Sol ...
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Contents: Overview of Costa de Valencia Beaches in Costa de Valencia Accommodation on the coast of Valencia Advantages of buying real estate on the coast We will help you buy a property in Costa de Valencia Overview of Costa de Valencia The charming coastal area forms the Bay of Valencia and is bordered by 2 shores –Costa del Azajar...
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Costa Blanca is a tourist name for the Mediterranean coast. It stretches from the municipality of Dayna in the north to Pilar de la Horadada in the south. It consists of 244 km of beaches, coves and rocky outcrops. North of Costa Blanca is Costa de Valencia and to the south is Costa Calida (Murcia region). Buying a house in Spain is one of the biggest investments you can make. The idea of buying real estate in a foreign country may cause doubts and seem like a difficult task but currently, there are more opportunities in the sector...
Reading time:10 min
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An owner of property in Spain pays the local IBI tax every year, at between 0.4% and 1.1% of the cadastral value, and a non-resident also pays a tax on imputed income, even if the flat is not let. On a sale, a foreigner pays 19% on the profit, and the buyer withholds 3% of the price and pays it to the tax authority. The wealth tax applies to net assets of €700,000 or more, and the rate of inheritance tax depends on the region. How much tax is due depends on the region, the country of residence and how long the property has been held, so...
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Spain is one of the most attractive destinations in Europe. Here, beautiful architecture and rich cultural heritage are combined with a high-quality education, allowing the country to become the third-most-popular in Europe for international students. Many investors and tourists are interested in what life in Spain is like. CONTENT: What are the types of residence permits? How to get a residence permit in Spain as an investor?
Reading time:5 min
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There are many apartments in Spain that are seized by banks. These provide a good chance to buy property at an attractive price. To make this a reality, it is important to know what the real estate characteristics are, what the embargo process looks like and, finally, what should be taken into account when seizing a house. This is important information to avoid risks typically associated with these purchases. Contents: Purchasing alienated real estate
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Taxes are an important part of public and state life. Different countries have their own rules for tax collection which are regulated by local legislation. In this article, we provide answers to the main questions concerning real estate taxes in Italy and Spain. Contents: Taxes for Italian residents who have real estate abroad Rental income tax Inheritance tax Agreement on the Elimination of...
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The pandemic has changed many consumer habits and trends. There have also been changes in housing due to quarantines and restrictions. In this regard, the priorities of real estate demands have changed as a new dynamic has come into play. Despite the existing problems, the secondary real estate market in Spain demonstrates a high degree of stability and price growth. At the same time, there is a reduction in the general cost of rent. Many real estate experts give positive forecasts and predict the recovery of the sector next year. ...
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For 10 years, the Spanish economy has relied on the real estate sector. This led to a revaluation of assets and increased apartment prices by 177% since 1995. «Brick fever» has become a key thing that affects national growth. Much of the recent recovery in the Spanish economy is because of the boom in construction. It’s a low-productivity sector that doesn’t fit into the model of technology, innovation and competitiveness set by European Union (EU) governments in the Lisbon Agenda. Content: ...