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Category: Property (281 articles)

Number of British buyers in Spain rises 26% in a year

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The number of Brits buying in Spain has increased by 26% this year compared to sales in 2014.

A number of estate agents operating in the Spanish property market have reported that the volume of Britons buying in the country has risen by around 25% since 2014.

Furthermore, figures from sources across the real estate spectrum confirm that the recovery of the Spanish property market is in full swing across most regions, with Lucas Fox International and Engel & Volkers confirming that confidence is high among both foreign and national buyers

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Author: 16/12/2015 [0] Comments 

2016 set to be another great year for Spanish property

Spanish property prices have stabilised and are set to rise by around 1.15% this year

With 400,000 homes sold this year, 2015 was a good year for Spanish property… and 2016 promises to be even better.

Next year will see the Spanish property market continue the recovery seen throughout the course of 2015, according to data and analysis by appraisal company Tinsa.

Price rises are expected pretty much nationwide in 2016, with Tinsa data showing that average prices rose by 1.9% in November compared to a year prior…

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Author: 15/12/2015 [0] Comments 

Spain now sixth-largest property investment market in the world

The strong pound should tempt British buyers, but the 110% mortgages should be avoided.

The lure of Spanish property is strong, with the market growing to the 6th largest in the world this year.

The property market in Spain is now the world’s sixth-largest in terms of transaction volume, according to recent data compiled by consultancy firm CBRE.

Spain’s property market languished in 16th and 11th positions respectively in 2013 and 2014, but has shot up to sixth place this year on the back of impressive growth that has been consistent throughout the year and spread across many parts of the country…

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Author: 14/12/2015 [0] Comments 

Spain population growth shifts into reverse

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In the first half of the year, 19,000 more people died than were born in Spain – the first such imbalance since the Civil War of the ’30s.

If you’ve ever wanted to do something good for your European neighbours, now’s the time to take the plunge and make that move to Spain you’ve been planning.

Why? Well aside from the country offering one of the healthiest and happiest lifestyles in the world, and the fact that it has an abundance of affordable, high-quality property for sale, and the fact that its climate is wonderfully warm and sunny all year round, you would also be helping to arrest Spain’s shrinking population

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Author: 10/12/2015 [2] Comments 

HMRC to launch new powers to claw back unpaid overseas tax

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The rhetoric from HMRC may seem daunting, but the majority of Brits who own a home in Spain but live in the UK should have already declared their assets.

Britons with undeclared income on assets in overseas countries – including property and holiday homes – will find it harder to hide from the authorities from January 1 next year as HM Revenue & Customs (HMRC) adopts a new automatic information-sharing scheme between banks worldwide…

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Author: 03/12/2015 [0] Comments 

Three things to look forward to in Spain in 2016

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Next year holds a lot of promise for Spain.

The festive season and new year is fast approaching (well, approaching at its usual day-by-day speed), which means thoughts begin to turn to what 2016 will bring.

This year has been a particularly encouraging one for Spain on many fronts, with a stronger economy, fewer unemployed people and a property market that is now fully recovered from the recessions that injured it a few years ago.

But amid all the promise that next year holds for Spain, here are three of perhaps the most important things to look forward to once the clock strikes midnight on December 31…

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Author: 01/12/2015 [0] Comments 

Property sales in September up by almost 9% on last year

Homes have begun changing hands in increasing numbers across the Costa del Sol.

Data from September shows that the average buyer now needs a deposit of around 20-25% of the purchase price.

Data from Spain’s notaries has revealed that the Spanish property momentum shows no signs of abating, with sales of resale properties nationwide increasing by 8.7% in September compared to the same month last year…

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Author: 23/11/2015 [0] Comments 

Three hidden benefits of owning a home in Spain

is the sun setting on Russians' ruble-fuelled love affair with Marbella?

A property in Spain offers much more than just a sunny bolthole and future nest egg.

A stylish, stunning, money-making property overlooking the Mediterranean: this is no mere pipedream, but the reality for many thousands of Brits who own a home in Spain.

There are many obvious benefits to such an investment, not least the chance to have a year-round bolthole in the sun, a nice little nest egg and a home away from home. But what are the hidden benefits that owning property in Spain brings?

Beyond the obvious attractions, investing in a property in Spain will also mean…

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Author: 19/11/2015 [0] Comments 

New survey confirms Spain as top destination for Brit expats

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Spain is Europe’s most popular destination for Brits looking to ship their belongings abroad.

Brits love Spain’s property market – as evidenced by the fact that they have accounted for one-in-five of all transactions to foreign buyers this year – and they are also in thrall with its variety of resorts, with Spain once again the leading holiday destination for sun-starved folk from the UK.

So it should come as no surprise that a new survey by international shipping company Pack Send has revealed that Spain is their most popular destination in Europe among Brits when it comes to sending and shipping their belongings overseas.

Interestingly, both the USA and Australia are more popular than Spain in actual real terms, but Pack Send admit that Brits who are moving to Spain might not always turn to a professional remover to get the job done, such is the comparatively short distance between the UK and Spain…

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Author: 18/11/2015 [0] Comments 

Marbella introduces world’s first revolving solar houses

Exterior image of the Sunhouse360º

The Sunhouse360º can be programmed to turn as often, or as little, as you want.

In the broadest sense, the entire world is solar-powered. Everything on the planet draws its energy from the sun, and everything that has ever been – rocks, oceans, forests, the industrial revolution, the Beatles, Benedict Cumberbatch – owes its existence to the sun.

But solar power in today’s world usually means solar panels, and Spain’s government has been irritatingly regressive in this issue, introducing recently a so-called “sun tax” that actively appears to punish homeowners who choose to install solar panels on their rooftops…

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Author: 17/11/2015 [0] Comments 
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