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By renting out an apartment or house, one can find a stable and generous return that cover the purchase price in just a few years. Since we suspect it is still an unknown field for many, we are going to put our expertise at your service and explain the keys
Our goal in this article is to make clear for foreigners how it is to get a mortgage in Spain and what might be worth knowing.
Covid-19 gravely impacted the Spanish economy during 2020, including the real estate sector. However the country is now among the fastest to recover economically and vaccinate its population, which is contributing enormously to the economic recovery.
Today, we are focusing on the taxation involved in real estate operations in Spain and some final comments on the taxation applied to foreigners. As we are going to explain, some of them are paid just once whereas others are periodical.
The COVID-19 global pandemic has without a doubt changed our lives in unimaginable ways, from the approach to our well-being to how we spend our money. A sector that will be forever changed is real estate. After spending so many months inside we now appreciate much more the four walls we spend most of our time surrounded by.
The Premier Law team was in Dubai last week to promote the Spanish Golden Visa and our lovely Costa del Sol lifestyle, which from our findings is very well received abroad.
Aside from the ongoing global pandemic, these are uneasy times for both British expats already living in Spain and those who are looking to buy here in the not-so-distant future due to the UK officially leaving the EU as of 1st January 2020.
The appeal of buying an off-plan property in Spain is understandable: it’s a great way to invest your money. Not only do you pay less for a home that you normally would, but you also usually get a say in some of the construction and design aspects. There are a large number of both positives and negatives involved in the off-plan buying process that can be hard to navigate, so here are our Top 3 pieces of advice as well as a few pros and cons to have in mind.
The appeal of buying an off-plan property in Spain is understandable: it’s a great way to invest your money. Not only do you pay less for a home that you normally would, but you also usually get a say in some of the construction and design aspects. There are a large number of both positives and negatives involved in the off-plan buying process that can be hard to navigate, so here are our Top 3 pieces of advice as well as a few pros and cons to have in mind.
The process of buying a new-build or off-plan property in Spain differs substantially from buying a resale home, especially when it comes to signing the contracts, so today we are bringing you a brief summary of each step.
