Russia´s war on Ukraine is going to be very noticeable among Russian buyers, but experts expect a limited general effect on the Spanish property market as a whole. With a bleak scenario due to Russia´s war on Ukraine, the Spanish real estate market is at a time of many questions and few answers. How it […]
The real estate market is gradually regaining normalcy, also covered by a halo of optimism. After the summer we already see in the figures a rise in sales in different market segments. One of them is that of the second homes that, surely motivated by the relaxation of mobility measures after vaccination, is living a […]
The Mediterranean coast has always been a sure value for the luxury residential market, with the Costa del Sol leading the way. But after the COVID pandemic, the Costa Blanca is taking a leading role: more and more foreign investors are interested in Alicante and luxury housing is, on average, more affordable than in other […]
by Sean Woolley While the pandemic has been the main hurdle for those hoping to move to Spain, Spanish property expert and author Sean Woolley says it’s time to look at the impact of Brexit with the end of the transition period drawing near. Here he answers some key questions. The COVID-19 pandemic has been […]
BENIDORM is asking the UK Government to grant it status as a “bubble island” in order to welcome back British tourists in time for the autumn and winter season. What would this mean for holidaymakers? Though Benidorm is situated on the Spanish mainland, where a Foreign, Commonwealth and Development Office (FCDO) travel warning is currently in […]
Sun, sand, and social distancing at the Spanish resort town of Benidorm, where closures are up, occupancy is down, and revamps are under way. An article by Jeannette Neumann (Bloomberg) Few places are as tied to mass tourism as the Spanish resort town of Benidorm. It’s often dubbed the birthplace of package tours, and on […]
Ensure yourself an annuity after your retirement Within the savings and investment products, there is the so-called life annuity insurance. These insurances also have interesting tax advantages. This type of insurance guarantees that the holder receives a regular income until his or her death. Only when this insurance is taken out must you pay a […]
The housing market in Spain is in a ‘wait and see’ moment. The first data regarding the evolution of prices indicate that there have been no significant variations either upward or downward, while the records begin to reflect the collapse of property sales due to the state of alarm and the restrictions derived from the […]
Is there a real chance for the radical new wealth tax proposed by Podemos party? In the last couple of days fears have increased upon the new wealth tax proposed by the coalition government’s far-left Podemos party. The creation of a wealth tax is one of the main objectives of Podemos regarding a tax reform, […]
Many mortgages in Spain are affected by IRPH (Mortgage Loan Reference Index). This index, unlike EURIBOR, has remained constant and kept rising, making loans more expensive without the possibility of benefiting from EURIBOR’s significant decreases. The IRPH, even today, is two percentage points above, while EURIBOR’s figures remain negative. The Judgement by the European Court of […]
