Politics

Brexit

The British market after Brexit

British market strengthens after Brexit certainty. The UK market has been one of the main sources of tourists and property buyers on the Costa del Sol ever since it first evolved as an internationally desirable destination in the 1950s. At times, British buyers made up as much as 65% of overall home sales in the …

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election

GBP and election

How might the GBP/EUR rate affect UK property purchasers in Spain?. If you are purchasing property in Spain and looking to convert your hard-earned GBP into Euros, you will no doubt be keeping a watchful eye on current politics and how the resultant exchange rate fluctuations are likely to affect your purchase. UK politics has …

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BREXIT

Brexit leads to rising number of British residents on the Costa del Sol

Brexit leads to rising number of British residents on the Costa del Sol. What was intended as a break with Europe has in recent times lead to a growth in the number of British residents living in areas such as the Costa del Sol. The financial crisis and the Brexit referendum were two events that …

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What’s happening in the Spanish mortgage market?

What’s happening in the Spanish mortgage market?. The good news for everyone with a mortgage, or applying for one, is that interest rates have dropped yet again. The Euribor rate, which is the base rate used to calculate mortgage payments, was at -0.339 in September. This is a double drop since the same time last …

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Spanish property purchase taxes

Spanish taxes. Buying property in Spain can be a costly matter, but the good news is that, with the abolition in October 2018 of stamp duty payable by mortgage holders, buyers with loans are now saving thousands of euros in purchase costs. Nevertheless, you should still factor in approximately 10-13% on top of the purchase …

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marbella vertical gardens

Marbella vertical gardens

Marbella to deck bridges and tunnels with beautiful gardens!. Plans have been implemented by Marbella town council to install three enormous vertical gardens at well- known industrial thoroughfares early this year. The project will see a trio of urban public structures turn into gorgeous green landmarks where plants replace advertising hoardings and flowers cover concrete. …

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