Archives for February 2007

February 28th, 2007

With 75,000 UK pensioners currently living in Spain, the subject of Inheritance tax for British expatriates is one that needs to be given careful consideration, says Bank of Scotland International. If you have, or are considering, retiring permanently to Spain it is vital to consider the implications of Spanish inheritance ...

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February 26th, 2007

It goes without saying that owning a second property in Spain is attractive to many people, providing the perfect holiday home for you, your family and friends to enjoy perhaps before you retire to the relaxed lifestyle and warm climate that makes Spain so popular. While holiday homes are used ...

Continue reading Rental Guarantees – Are they all they are cracked up to be?

February 21st, 2007

British citizens living abroad could be wasting over £300 million a year when claiming their state pensions because of unnecessary bank charges and fluctuating exchange rates, according to HIFX. The figure is based on the average retiree expenditure on bank charges each year of £300 multiplied by the number of retirees ...

Continue reading Expat Pensioners Waste £300 Million on Bank Charges

February 20th, 2007

According to the National Institute of Statistics, (INE) the number of foreigners registered on the population census in Spain has passed the four million mark. The figure represents 9.3 per cent of the resident population. The most recent population census carried out on January 1st 2006 counted a total of 44,709,000 ...

Continue reading More than Four Million Foreigners live in Spain

February 16th, 2007

Spain has long been a favourite with Britons looking to invest in property abroad, and now it is set to become even more accessible with the launch of a new air route from London. Spanish low-cost airline clickair will launch daily flights between Heathrow and La Coruna in the north-western ...

Continue reading Clickair improves links from UK to Spain

February 15th, 2007

The Spanish coast has been popular with second home owners for decades. However, there is currently a huge surge of foreign interest in inland properties in Spain. Brits and other overseas investors are making a move away from the traditional coastal resorts and are looking inland to buy, avoiding the ...

Continue reading Inland Spain Gaining Popularity

February 13th, 2007

Principal International in association with one of Europe and the UK’s leading quality house builders has recently announced the acquisition of a site to build a new luxury development in Competa, on the Spanish Costa del Sol. The site to be named Terrazas de Competa will consist of 50, 1, ...

Continue reading Luxury Spanish Development by UK Leading Housebuilder

February 9th, 2007

Granada in Andalusia outperformed all other Spanish cities in terms of prospective property purchase interest last month, according to new research. A study by property company Amberlamb found that more prospective buyers showed an interest in the city than any other in Spain. Holiday home prices in Granada are around 30 ...

Continue reading Granada holiday homes 'drawing most interest' in Spain

February 7th, 2007

The overdevelopment of apartment properties in Spain has led to many investors being able to buy them at a reduced price, an expert has claimed. Marketing director of property site Spanish-living.com, Ailse MacFarlane, said that property developers had been “greedy” with the amount of apartments they had built and that a ...

Continue reading Overdevelopment sparks price drop for Spanish Apartments

February 5th, 2007

If you’re looking for an alternative investment approach to profit from property in Spain now that the Costas are crowded and Barcelona is packed with investors and both locations are seriously over-priced, why not consider investing in property in Seville? After all, long gone are the days when the city ...

Continue reading Investing in Property in Seville

February 2nd, 2007

House prices in Spain are 30 percent overvalued, according to report released on Tuesday by the Organistion for Economic Cooperation and Development (OECD). Spain is becoming increasingly vulnerable to a sharp fall in house prices, the OECD said in a report on the Spanish economy. It added: “It is becoming increasingly uncertain ...

Continue reading House Prices Overvalued, says Report