by Mark Nichols | Oct 25, 2023 | Uncategorized
This is according to a study by a financial company specialising in the real estate market UCI, which also points out that foreign home purchases have fallen by 9% compared to 2022. 38% of foreign homebuyers in the Balearics are German, 25% are British and 13% are...
by Mark Nichols | Oct 18, 2023 | Uncategorized
As Portugal cracks down on special tax regimes for foreign residents amid skyrocketing rental costs that have priced locals out of their own neighbourhoods, could Spain soon be forced to do the same? Digital nomads around the world raised their eyebrows when Portugal...
by Mark Nichols | Oct 11, 2023 | Uncategorized
According to the latest idealista price index, this increase brings the average square metre price to €2,007. Impressively, over the last year, prices have surged by 7.5%. Francisco Iñareta, spokesperson for idealista, sheds light on this phenomenon. “It’s not just...
by Mark Nichols | Oct 4, 2023 | Uncategorized
The Canary Islands Regional Ministry of Tourism and Employment is set to draft and potentially pass a law that will regulate tourist rentals and provide a legal basis for the holiday accommodation sector on the distant Atlantic archipelago. Jéssica de León, the...
by Mark Nichols | Sep 27, 2023 | Uncategorized
Spain’s yearly property tax, known as IBI, varies a lot throughout the country, but in which provincial capitals do people pay the most and where do they pay the least? IBI stands for Impuesto sobre Bienes Inmuebles in Spanish, which translates to tax on...
by Mark Nichols | Sep 20, 2023 | Uncategorized
Spain’s appeal for foreign home buyers endures, despite a 5.6% dip in home sales in Q2 2023 compared to 2022’s record year. Even with the decline, sales could surpass half a million this year. Foreigners played a significant role, accounting for nearly 15% of all...
