As you are probably aware by now, one of the best, if not the best, businesses in Spain as of late is to rent out property, specifically as a holiday home (short-term). Property prices in Spain have picked up since 2018 and we are witnessing a 5% capital appreciation across the board. In addition to this, rental yields have been growing year-on-year by two digits for three...
June 2019
There’s nothing that quite matches the feeling of listening to your favourite song live and seeing your favourite artist on stage. Luckily enough, in Spain there are loads of festivals where you can hear those songs that make your life just that bit happier. If you still don't have a clear idea of where you’re going on holiday this year. Check out these festivals and it’ll be sure to make your...
Many people have doubts about the taxes they will have to pay when buying or selling a home in Spain. This article seeks to explain the resident and non-resident tax on the purchase and sale of property in a simple way. With the help of economist and tax advisor José Miguel Golpe Saavedra. We’ll look at the capital gains tax and other taxes. That must be pay to the Spanish State, Autonomous...
A question we frequently get asking is if you can buy and sell property in Spain in a currency other than euros. The short answer is yes, and in fact it is doing fairly frequently. Here’s a daft little example which in truth happens all the time. Imagine the case of a British seller who wants to sell up and return to the United Kingdom. He finds a fellow Brit interested in buying his Spanish...