The average price of Spanish property rose by 5.6% year-on-year in the second quarter of the year, according to the Index of Prices (IPV) prepared by INE. With this data, prices have been up 13 consecutive quarters since the second quarter of 2014, leaving behind almost six consecutive years of declines since they began to fall in the second quarter… Read more »
Posts Tagged: luxury property in Marbella
Spanish taxes have caught many of you by surprise… We started in 2016 with a surprise: the Community of Madrid and Andalusia wanted to recovered the ITP from the rent, a Spanish tax that had never been charged despite having been contemplated in the law since 1993. We later learned that the Treasury would begin… Read more »
Based on the UN’s sustainable development goals as guideposts, Spain rated number 7 worldwide top 30 country’s list.
Used Spanish property will not go lower Real estate experts said. The Professional Association of Real Estate Experts (AOSIS) ensures that the price of second – hand Spanish property “will not go lower” and that the trend will be to “stay at the same level or even increase , “especially in areas where housing is… Read more »
Like Dinosaurs, 100% mortgages in Spain are endangered of extinction… Scientist and teachers said that dinosaurs were awesome creatures, running wild and in control of the entire world, until a meteor hit the earth and change the course of history and produced their extinction. That was, according to mythology, the cause of its extinction. As with… Read more »
British property investors set for a refund from Spanish banks.
Marbella Town Hall to give up 11 Million Euros, due to the cancellation of land-use planning in Marbella (PGOU). This situation has caused considerable economic loss in the municipal coffers. As a result of the rulings in November last year left on paper wet urban standard approved in 2010, the Marbella Town Hall has been forced to… Read more »
International property investment funds continue to see good investment opportunities in Spain, particularly with assets that the banks have. Its main objectives are to achieve double-digit returns in the office market, retail or residential. While now it costs them ‘give everything’ for the purchase of residential land and promote housing, but they see it as… Read more »
Spanish New Construction Permits Increased by 34.8% yoy in February, reaching 5,663 building permits its best reading since October 2011, according to the Ministry of Public Works. This confirms the good start of 2016 on licensing (10,606) with a cumulative growth of 39.2%. To continue with this trend the 60,000 licenses at year end be overcome.
Spain Property Investment Captured 2,400 Million. The arrival of 2016 aroused some concern in the real estate sector. After living a record investment over the past year and a battery of domestic and international uncertainties on the table, many voices pointed to a possible loss of interest in the Spanish brick investment.
Marbella real estate recovery with precrisis figures. The revival of the real estate business in Marbella intimated in recent years has been consolidated and the only shade is the uncertainty created by the annulment of the PGOU. This follows from two reports on the situation in the housing market made by consulting firm CBRE, highlighting the… Read more »
Spanish bank to return funds paid for Marbella flat purchase. The Court of First Instance No. 18 of Malaga has sentenced a bank to repay the amounts deposited by a British customer in 2003 on account of a house in an illegal urbanization of Marbella.