Foreign Sales Boost Spanish Property Market Figures released by Spanish Registrars last month indicated that 13.5% of all house purchases in 2016 were made by non Spanish nationals. This shows a small decrease from the previous year but still amounts to one in 7.5 of all property transactions throughout Spain. Despite the Brexit effect, […]
Tourist Tax Spending Decisions The first 30 million euros of revenue from the Balearic tourist tax, introduced in June 2016, is now up for grabs giving the committee for sustainable tourism impetus the massive task of choosing between 236 proposals for ways to spend the 30 million euros put at its disposal. Distribution […]
New Year-New Property As the last few pages of the 2016 diary are turned, every newspaper astrologist is predicting your year ahead. The following advice is for those who like to take control of their own destiny, to research each action and its consequence. If you have considered buying property in the Balearics there […]
Balearics Show Strength In Recovery The most recent, Notaries’ Association, quarterly housing market report, recorded a rise in Spanish property sales averaging 13.3% and an average increase in house prices of 1.3%. The figures are encouraging, and although subject to some regional fluctuations, are especially good news for the Balearic islands where a […]
Balearic Real Estate Recovery According to figures published at the end of September demand for Balearic property continued to flourish during what was, undoubtedly, a challenging summer for the traditional buyer demographic. A further fall in the value of the pound in August was expected to reduce the potential of the British market […]
Seasonal Change and Growth As we descend from the precipice of summer’s height, the property market shifts its demographic, somewhat, from the purchase of holiday homes, to local investment following a, hopefully lucrative, season of hard work. Traditionally, islanders looking to purchase real estate are more concerned with square meterage than aesthetics and […]
Balearics Lead Recovery In Property Sales The Balearics are showing the largest upward trend in Spanish property sales, with agencies in key areas such as Ibiza, Marbella and Valencia reporting an increase of some 39% on the islands, compared to 28% in the major cities. Traditional, British market areas such as the Costa […]
Don’t Delay On Property Purchase The UK’s recent decision to leave the EU does not mean that a cloud of uncertainty should descend on the property market. Experts have predicted that nothing will change for a period of at least two years, and that we should expect exchange rates to stabilise long before these […]
New Tax For Balearics A tax of between 50 cents and 2euros per person per day is to be levied on tourists visiting the Balearic islands from the 1st July this year. The charge is dependent on the official rating of the property and applicable to all tourists over the age of 16. […]
everything ibiza Properties – We have moved Rural village life centres around ancient churches and beautiful, rustic squares, so being in the heart of the real Ibiza is what initially attracted us to re-locate to Sant Josep. Since the move however, we have been even busier and far more productive. From our new premises […]
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