Mallorca’s rental market heats up

Mallorca, long a popular holiday destination with Brits and Europeans, is in the process of gearing up for one of the world’s most famous luxury yacht sailing events – the annual Superyacht Cup.   Now in its 16th year, the annual regatta draws hundreds of superyachts, as well as thousands of sailing fanatics, all keen [...]

By |2018-11-15T18:06:48+01:00June 29th, 2012|Articles|

Time to buy into Spain’s perfect climate?

One of the healthiest year-round climates in the world combined with a stimulating coastline and scenery, and great access from the UK have helped make the northern Costa Blanca popular with British expats over the years – and now could be an ideal time to buy there. Prices in desirable resorts such as Javea, Calpe, [...]

By |2018-11-15T18:32:46+01:00June 26th, 2012|Articles|

More for your money in Menorca

Sleepy, whitewashed villages set against a Mediterranean backdrop, with a hint of Englishness thrown into the mix. If this sounds like your idyllic overseas home destination, a trip to the often overlooked Balearic island of Menorca, once occupied by the British, could be worthwhile. Smaller, quieter and less touristy than neighbouring Mallorca, Menorca offers converted [...]

By |2012-06-14T09:11:54+01:00June 14th, 2012|Articles|

Cost of living in the Balearics just keeps on rising

This week the Spanish National Statistics Institute released figures confirming that the Balearic Islands of Mallorca, Menorca, Ibiza and Formentera are now called home by close to 24,000 Brits. Sadly, despite the reputations of these idyllic islands, it’s not all about the party. The cost of living has been climbing gradually now for the last [...]

By |2012-05-31T16:52:48+01:00May 30th, 2012|Articles|

“I want the best exchange rate for my Spanish purchase”

Rightmove Overseas’s official currency exchange partner, Smart Currency Exchange, answers readers’ questions “I’ve just paid a reservation fee for a property on Spain’s Costa Blanca, which I found through an agent recommended by The Overseas Guides Company. I’m due to pay a 10 per cent deposit (minus the reservation fee) in a couple of weeks [...]

By |2012-05-25T15:07:00+01:00May 24th, 2012|Articles|

More budget flights to Mallorca

This month sees low-cost airline Ryanair launch six new routes out of Mallorca’s Palma Airport. The airline now flies daily to Cologne, thrice weekly to Rome Ciampino, Porto in Portugal and Malmo in Sweden, twice weekly to Groningen in The Netherlands and once a week to Smaland in Sweden. The increase in flights shows that [...]

By |2012-05-21T14:07:41+01:00May 21st, 2012|Articles|

Expats in Spain owed a fortune in inheritance tax

It has been estimated that close to 60,000 British families have been hit with a hefty inheritance tax (IHT) bills for properties and any assets that they have inherited in Spain. Startlingly, charges are believed to be in the region of £400 million. The Spanish government has levied IHT of up to 35 per cent [...]

By |2012-05-16T16:50:22+01:00May 17th, 2012|Articles|

Brits still hanker after the Blanca!

After the wettest April on record and with the pound close to a two-year high against the euro, it’s little wonder interest in property in one of the UK’s favourite European beach destinations has surged recently. We’re referring of course to Spain’s Costa Blanca, home to the well-known resorts of Calpe, Javea and Benidorm in [...]

By |2012-05-10T17:15:27+01:00May 12th, 2012|Articles|