Wealthy snapping up Spanish property

Wealthy investors are jumping at the chance of investing in Spanish properties in prime locations in the Murcia and Alicante areas, according to a prominent estate agency in Spain. The trend was noted by Lucas Fox, an agency with offices in Ibiza, Mallorca, the Costa Brava and Barcelona, which also concluded from recent research that: [...]

By |2012-02-14T15:01:52+01:00February 19th, 2012|Articles|

The role of a notary in Spain

When you purchase a property in Spain you will need to assign a legally trained representative of the state called a notario (notary). He or she will not replace your solicitor, but is a public official who is required to ensure that property transactions are carried out correctly and that all taxes due relating to [...]

By |2012-02-14T12:19:40+01:00February 17th, 2012|Articles|

Madrid real estate exhibition

Within the Palace of Fame in the famous Santiago Bernabeu Stadium set in Madrid, the largest real estate exhibition in Spain will be held from the 24th-27th February and organisers are expecting a large number of exhibitors as well as buyers. Last years event attracted more than 50,000 tourists and the total number of exhibitors [...]

By |2012-02-13T17:47:12+01:00February 16th, 2012|Articles|

Waiting lists issued due to popular properties

Spain has always been a popular destination with people moving abroad or owning a holiday home somewhere in the sun; however it would appear that it is now even more popular than ever. New property developments have to publish waiting lists as they are receiving so much interest in the properties and have not got [...]

By |2012-02-08T18:15:33+01:00February 11th, 2012|Articles|

Gran Canaria prepares for tourism surge

Holidays to the Spanish island of Gran Canaria increased by over 10 per cent last year, according to Aena, one of the largest air navigation services in Europe. Last year, nearly 10.5 million visitors flocked to the island for a sun-drenched holiday. This growth in tourism is expected to continue throughout 2012 as there has [...]

By |2012-02-06T10:56:00+01:00February 7th, 2012|Articles|

VAT remains slashed on new homes in Spain

A reduction of VAT on new holiday homes as well as main residences looks set to remain in Spain for the rest of 2012, after the country's new government failed to impose suggested conditions on properties that qualify for the discount. In 2011 Spain's previous Socialist government reduced the amount of VAT payable on new [...]

By |2012-02-01T17:58:20+01:00February 3rd, 2012|Articles|

Self employed foreigners rise in Spain

There has been a rise in the number of foreigners living in Spain who are registered as self-employed. Last year saw the figures up by 4.8%, reaching a total of 208,512 – an increase of nearly 10,000 in 2010. A new report by The National Federation of Independent Workers Association (ATA) also reveals that self [...]

By |2012-01-30T12:52:00+01:00January 30th, 2012|Articles|

Spanish market update 2012

By Sally Veal of the SpainBuyingGuide.com As the new year begins, Spain finds itself in a difficult situation along with many other European countries. It is true that its economy, founded for many years on construction and house building, has taken a steep dive, forcing companies to close and creating high unemployment. As a result [...]

By |2012-01-27T14:55:49+01:00January 27th, 2012|Articles|

New Rules on Obtaining Foreign ID

Since the 3rd January 2012, there have been new rules in place which state how foreign investors of property in Spain can obtain their foreign ID numbers. With the new rules in place, the numbers can only be obtained by going to Spain or your local Embassy in person – a power of attorney is [...]

By |2012-01-23T17:00:06+01:00January 26th, 2012|Articles|

Ryanair returns to Spain’s Costa Brava

Following months of dispute between budget airline Ryanair and the Catalonian government, which saw most routes from Girona stopped over the winter, agreement between the two sides has finally been reached. Ryanair announced 19 new routes from Girona from the end of March 2012, increasing the total to 59. They promise to bring around 3 [...]

By |2012-01-20T17:29:05+01:00January 24th, 2012|Articles|