Archives for August 2006
August 18th, 2006
There was good news for non-residents of Spain who own property in Spain at the start of this year – the rate for capital gains tax was slashed from 35% to 18%. The bad news for Spanish residents was that it was increased from 15% to 18%. The new regulations ...
Continue reading Spanish Property Tax – When, Where, How, Who?
August 17th, 2006
Analysts foresee a much-needed stop to rising property costs in Spain. The rising prices of property in Spain finally appear to be levelling out after experts predicted a moderate increase in housing costs of 9 per cent for 2006.Unfortunately, for young people and immigrants with low incomes, this figure is ...
Continue reading Spanish Property Prices Levelling Out
August 17th, 2006
The harbourside circuit will draw comparisons with Monaco as Valencia will host a Grand Prix from 2008 after agreeing a deal with Formula One supremo Bernie Ecclestone. The race, to be called the European Grand Prix, is scheduled for late in the season on a newly-designed circuit around the Spanish ...
Continue reading Valencia Streets to Host F1 Grand Prix
August 16th, 2006
Are the days of the traditional, lavishly spacious three bedroom, three bathroom Spanish apartments numbered? According to property experts the answer is very much a “yes”. A dramatic change in society and public expectation has forced the hands of promoters who are now happily offering small scale one and two ...
Continue reading Property Downscaling in Tenerife
August 16th, 2006
Spain has a long tradition of overseas property buyers. The Spanish market caters for many different needs and desires - from clear waters and long stretches of beach, to the bustling city life, to a country getaway. The older generation also favour Spain as a place to retire to. However, ...
Continue reading The Spanish Buying Process
August 14th, 2006
The province of Málaga will have a population of more than three million people in 10 years’ time, a recent study has suggested. Experts predict that if the new PGOU town plans for the various towns are carried out, by the year 2017 the population will be double the current ...
Continue reading Malaga Population Predicted to Double
August 14th, 2006
Spanish succession tax applies to inheritances and gifts reports Bill Blevins, Financial correspondent of Blevins Franks. It is payable if the recipient is a Spanish resident or the assets in question are located in Spain. The residency of the donor does not matter except to indicate whether it is State ...
Continue reading Spanish Succession Tax
August 11th, 2006
Prohibitive housing costs and inflexible financing opportunities make it increasingly difficult for young people in Spain to move out of their parents’ homes. Spanish institutions are considering unusually aggressive techniques to address the situation.It’s getting harder and harder for young people in Spain to leave their parents behind and purchase ...
Continue reading Financial Independence for Young Spaniards?
August 11th, 2006
Spain’s schools, hospitals and public transport score higher than their UK equivalents, according to a new survey. La Zenia, Spain (PRWEB) December 15, 2006 - Spain offers much more than sunshine and cheap sangria to its UK expat population. Its education and health services, and its public transport system, leave ...
Continue reading Spain's Public Services Win Over UK Expats
August 10th, 2006
Recent tourist board figures are showing that this year could be the best in the last decade for the tourism industry on the Costa del Sol. Following a promising start to the year, the Tourist Board’s provisional figures for July show a 3 per cent growth in hotel occupancy while ...
Continue reading Record Tourism – Costa del Sol
August 10th, 2006
British holidaymakers may know Spain’s southernmost province best for the Costa del Sol, but a string of sophisticated cities, timeless white-walled villages and stunning mountains await the more adventurous. When Franco needed to drive foreign currency into Spain during the 1960s he created a stretch of coastal holiday resorts we ...
Continue reading The Sun Shines on Andalucia
August 9th, 2006
Personal security is not a luxury, it is a must. Social build should have pre-installed wiring to provide homes with security. It would avoid expensive repairs in the case of water leaks, unnecessary deaths by gas leaks, warn of fire and intrusion, and could provide the infirm or elderly with ...
Continue reading Home Automation in Spain
August 9th, 2006
British homeowners who purchased illegally built property on the Spanish costas have been told they have a chance of saving their homes from demolition if they can prove they bought in good faith. Around 100,000 homes, many owned by Britons, were declared illegal after it emerged they were built with licenses ...
Continue reading Spanish Law Could Save Britons' Costa Homes
August 8th, 2006
Iain Macdonald and Gayle Hartley, along with their 2 year old son Joshua arrived in North East Andalucia in August 2004. Living the dream had always been top of the list of priorities and for them, arriving at the cave house one early August morning made the dream a reality. ...
Continue reading Cave house business story
August 8th, 2006
The EP petitions committee adopted a recent fact finding report on Land irregularities in Spain by an overwhelming majority. Michael Cashman, member of the recent European Parliament Petitions committee delegation to Spain and co-author of the fact finding report was “delighted” by the overwhelming endorsement of the report at a meeting ...
Continue reading Spain Shuns Overwhelming Decision on 'Land Grab'
