News and Information about Marbella
Seville, dream cityRaymundo Larraín looks at Sevilla’s highlights as a place to live, visit, and invest. I continue today with my running series on top places to buy and live in Spain. You can find older entries on this series scrolling down below. These impromptu light-hearted guides are not meant to be exhaustive; they are just there […] The post Seville, dream city appeared first on Spanish Property Insight. |
Moving to Spain: The Beckham RuleYou can work in Spain and enjoy the Spanish lifestyle while benefiting from an exceptional tax regime under the Beckham Rule. The Beckham Rule, which popular name was taken from David Beckham when he arrived at Real Madrid in 2003, is a special tax regime for expatriates introduced by the Spanish government as an incentive […] The post Moving to Spain: The Beckham Rule appeared first on Spanish Property Insight. |
Pound Euro exchange rate strikes three-week high following ECB rate decisionThe Pound Euro exchange rate was infused with some notable volatility this week as the European Central Bank (ECB) delivered its latest interest rate decision. Euro rocked by ECB rate decision The Pound Euro exchange rate opened this week on firm footing. Sterling was supported by reports which suggested that the tax cuts in Chancellor […] The post Pound Euro exchange rate strikes three-week high following ECB rate decision appeared first on Spanish Property Insight. |
Foreign buyers take record share of Barcelona housing marketMore than a quarter of Barcelona home sales involved a foreign buyer in the last quarter of 2023 as local buyers slumped. Of the 3,274 home sales registered in the land registry in the last quarter of 2023 894, or 27.3%, involved a foreign buyer, reveal new figures from the Catalan regional government (illustrared above). […] The post Foreign buyers take record share of Barcelona housing market appeared first on Spanish Property Insight. |
HOME SALES: Market returns to growth in JanuarySpanish home sales returned to growth after 15 consecutive months of declines. There were 48,517 home sales witnessed by notaries in January according to the latest figures published by the notaries’ association, the first time the market has grown year-on-year since September 2022 (illustrated above). By region sales increased the most in Andalusia (+9.9%) and […] The post HOME SALES: Market returns to growth in January appeared first on Spanish Property Insight. |
Luxury rentals in Spain explainedLawyer Raymundo Larrain explains luxury rentals and their unique legal advantages. You are probably aware of Spain’s Tenancy Act (LAU, in Spanish). This law is somewhat infamous because it (over)protects tenants at the expense of landlords’ rights. The logic behind this is that lawmakers view tenants as the weak party in need of protection. Thus […] The post Luxury rentals in Spain explained appeared first on Spanish Property Insight. |
Pound Euro exchange rate wavers following mixed dataThe Pound Euro exchange rate edged lower over the past week amid mixed EUR data and warnings over the UK’s impending Spring Budget. Euro fluctuates on uneven data The Pound Euro exchange rate initially stumbled this week. EUR exchange rates firmed in response to hawkish comments from European Central Bank (ECB) President Christine Lagarde. While […] The post Pound Euro exchange rate wavers following mixed data appeared first on Spanish Property Insight. |
Pound Euro exchange rate fluctuates amid mixed dataThe Pound Euro exchange rate traded erratically this week in response to mixed data and central bank interest rate speculation. Pound knocked by BoE rate cut speculation The Pound Euro exchange rate initially firmed this week. EUR sentiment stumbled at the start of the session after Germany’s Bundesbank warned the country is likely in a […] The post Pound Euro exchange rate fluctuates amid mixed data appeared first on Spanish Property Insight. |
Renovation of Spain’s ageing housing stock declines 8pc in 2023 despite ‘Next Generation’ EU stimulus packageSpanish bureaucracy has turned an opportunity into a fiasco. In the wake of Covid-19 the EU launched the NextGenerationEU recovery plan with €807b to help economies recover from the pandemic, especially the hardest-hit countries like Spain, which suffered a real decline in GDP of 11.2pc in 2020, compared to an EU average of 5.6pc. “NextGenerationEU […] The post Renovation of Spain’s ageing housing stock declines 8pc in 2023 despite ‘Next Generation’ EU stimulus package appeared first on Spanish Property Insight. |
Foreign buyers decline by 7pc in 2023The number of Spanish homes purchased by foreigners declined by 7pc in 2023 but it was still the second best year on record. The Land Registrars of Spain have published fourth quarter figures that provide a picture of the full year when combined with their other quarterly reports in 2023. Pending confirmation in their annual […] The post Foreign buyers decline by 7pc in 2023 appeared first on Spanish Property Insight. |