Archives for January 2006

January 31st, 2006

The beautiful whitewashed town of Alhaurin el Grande is located at the foot of the Sierra de Mijas mountain range in the Malaga region of Spain.It offers wonderful views over the stunning Guadalhorce valley, which is made fertile by the rivers Pasadas, Fahala, Jurique and Torres that flow through it. ...

Continue reading Location spotlight – Alhaurin el Grande

January 31st, 2006

Foreigners now make up 8.5 per cent of the Spanish population of just over 44 million, according to the latest figures. The population has risen by 910.000 in just under a year - an increase of 2.1 per cent. There are now 3,370,610 foreigners registered in the country ...

Continue reading Making up the Numbers

January 30th, 2006

Latest statistics from the Spanish government reaffirm the fact that the country remains one of the most sensible options for UK residents looking to enter a foreign property market. Though Spain may no longer dominate the attention of British investors in the way it did in the 1990s, the consistent ...

Continue reading The Spanish Property Market is Drawing Investors in Hordes

January 27th, 2006

It is understandable that many people investing in property for the first time are tempted to limit their search to the UK, but experts have been highlighting the advantages of looking abroad for both residential and commercial investments.The property market in the UK has admittedly returned to good health in ...

Continue reading UK Property Investors Advised to Look Abroad

January 26th, 2006

The latest statistics from the Spanish government reaffirm the fact that property investment in Spain remains one of the most sensible options for UK residents looking to enter a foreign property market.Though Spain may no longer dominate the attention of British investors in the way it did in the 1990s, ...

Continue reading Spanish Property Market Remains Healthy

January 25th, 2006

If you are a long-term Spanish resident, it is likely you will come across inheritance and gift tax. Here are the details. Inheritance tax is payable on the increase of wealth, obtained by reason of death. Gift tax is levied on the increase of wealth, produced by reason of ...

Continue reading Inheritance and Gift Tax in Spain

January 24th, 2006

It appears that the discriminatory property tax in Spain will finally be addressed after the European Commission announced it is to refer the Spanish government to the Court of Justice.The current complaint is that official Spanish residents are only required to pay 15 per cent tax on gains from property ...

Continue reading Good News for Property Investors in Spain

January 23rd, 2006

EVIDENCE the housing market is picking up has been reinforced by the strongest December mortgage lending on record. Conviction that interest rates have peaked and faith in steady house price growth for the year ahead supported the healthy homeloans market in a traditionally quiet month. Figures released today by ...

Continue reading December Mortgages 'Best Ever'

January 20th, 2006

Wondering about telephone lines and ADSL connection in Spain? One of the key questions that is asked when buying a property in Spain is “how difficult is it to get internet connection?” The answers are now availble on the internet.Clicking on the link below will answer all your telephone ...

Continue reading Telefonica in English

January 19th, 2006

BRITISH expatriates in Spain are expected to save thousands of pounds after a legal move to cut capital gains tax by the European Commission. The Commission is to refer the Spanish Government to the Court of Justice over its taxation of non residents who sell their villas or on their ...

Continue reading Spanish Tax for expats 'Against EU Rules'

January 18th, 2006

The trend of buying cave houses in Andalucia is gaining momentum. Get Spain Almeria look at some of the more popular areas in which people are buying cave houses as well as providing some information about this type of dwelling and why it has become a cult buy.It’s 2006 and ...

Continue reading Cave Houses for Sale in Andalucia

January 17th, 2006

Plans to construct a further 450,000 homes along a 500 kilometer stretch of Spain’s already massively developed Mediterranean coast could be derailed by a lack of water, regional water boards have warned, indicating that the long running conflict between urban development and environmental sustainability has now come to a head.Documents ...

Continue reading 450,000 New Mediterranean Homes Cannot Be Guaranteed Water Supply

January 16th, 2006

Housing markets across Europe are now expected to avoid the dramatic crashes predicted just a year ago, with most markets ending the year on a surprisingly positive note and looking forward to at least modest price growth during 2006. Many experts had expected that Britain, where the housing market was ...

Continue reading European Housing Ends Year On Surprisingly Upbeat Note

January 13th, 2006

The UK could be developing into a nation of property investors as a new report revealed that many young people are keen to own property abroad in the future.According to a survey by UCB Home Loans, the specialist lender of Nationwide, there is an increasing interest among young people in ...

Continue reading Overseas Property Attracts Young

January 12th, 2006

Spain has introduced rules to prevent the historic practise of paying for large chunks of property in cash to evade tax.Legislation shortly to come into force will mean that individuals will no longer be able to pay for a portion of properties they buy in cash, The Times reports.The Spanish ...

Continue reading Spain Looks to Hit Tax Dodgers