News and Information about Marbella
Pound euro exchange rate knocked by dovish BoE Bailey commentsThe pound euro exchange rate faced a notable setback this week in response to dovish comments from Bank of England (BoE) Governor Andrew Bailey. Pound rocked by BoE rate cut uncertainty The pound euro exchange rate initially firmed this week. The single currency stumbling in response to dovish comments from several European Central Bank (ECB) […] The post Pound euro exchange rate knocked by dovish BoE Bailey comments appeared first on Spanish Property Insight. |
Pound euro exchange rate hits one-month high as ECB signals coming rate cutThe pound euro exchange rate struck a one-month high this week after the European Central Bank (ECB) opened the door to a June interest rate cut at its latest policy decision. Euro slumps as ECB preparing to loosen monetary policy After touching a two-week low last week in the wake of a lower-than-forecast UK services […] The post Pound euro exchange rate hits one-month high as ECB signals coming rate cut appeared first on Spanish Property Insight. |
Spanish government blames speculators for demise of Golden VisaThe Spanish government say speculation, gentrification and “excessive demand” justify terminating the Residency by Investment scheme for property investors, popularly known as the Spanish Golden Visa. The plug is finally being pulled on the real estate part of Spain’s Residency by Investment, or so-called Golden Visa scheme, whose days have been numbered ever since the […] The post Spanish government blames speculators for demise of Golden Visa appeared first on Spanish Property Insight. |
How to file a 3% tax rebate on the sales proceeds of your Spanish propertyRaymundo Larrain explains how non-resident sellers are entitled to a tax rebate on their sales proceeds. Introduction Non-residents selling property in Spain undergo a 3% retention which is practised on the sales proceeds. This money is withheld by the buyer (or his lawyer) which is then transferred to the tax office. Unbeknownst to most people, […] The post How to file a 3% tax rebate on the sales proceeds of your Spanish property appeared first on Spanish Property Insight. |
Pound euro exchange rate slides despite cooling Eurozone inflationThe pound euro exchange rate trended broadly lower this week, despite data showing that Eurozone inflation cooled more than expected last month. Pound knocked by service sector slowdown The pound euro exchange rate opened this week on the front foot. Sterling was supported by a revision to the UK’s latest manufacturing PMI, which showed the […] The post Pound euro exchange rate slides despite cooling Eurozone inflation appeared first on Spanish Property Insight. |
Catalonia’s third attempt at rent controls gets off to a rocky startThe Catalan government has implemented rent controls in most of Catalonia’s populated areas and capital city Barcelona, causing an immediate collapse in rental housing investment that will only exacerbate housing access problems in the region. On the 16th of March 2024 Catalonia imposed rent controls in the 140 municipalities where almost all the population lives, […] The post Catalonia’s third attempt at rent controls gets off to a rocky start appeared first on Spanish Property Insight. |
LA PIEDRA PODCAST EP11: Review of foreign demand in 2023In this episode of ‘La Piedra’ Sean and Mark review the numbers of foreign buyers in 2023 by nationality and Spanish region, discuss the factors that might be driving those numbers, and ask where the market might be heading in 2024, all with the benefit of Sean’s experience at the coal face and Mark’s analysis […] The post LA PIEDRA PODCAST EP11: Review of foreign demand in 2023 appeared first on Spanish Property Insight. |
Pound euro exchange rate wavers on mixed EUR dataThe pound euro exchange rate was trapped in narrow range this week as the only trading impetus came from some mid-tier Eurozone data. Euro undermined by uneven data The pound euro exchange rate opened this week on the front foot. Sterling was buoyed by data suggesting that UK retail sales volumes rebounded for the first […] The post Pound euro exchange rate wavers on mixed EUR data appeared first on Spanish Property Insight. |
Democratic Memory Law: Spanish nationality for International Brigade volunteers and their descendantsDel Canto Chambers explain how International Brigade volunteers who participated in the Spanish Civil War, and their descendants, can obtain Spanish citizenship if they apply before October 2025. The Democratic Memory Law (Ley 20/2022, de 19 de septiembre, de Memoria Democrática) allows descendants and volunteers of the International Brigades who participated in the Spanish Civil […] The post Democratic Memory Law: Spanish nationality for International Brigade volunteers and their descendants appeared first on Spanish Property Insight. |
Pound euro exchange rate crashes following BoE’s dovish shiftThe pound euro exchange rate was met by heavy losses this week, in the wake of the Bank of England’s (BoE) latest interest rate decision. Pound plummets as BoE turns dovish The pound euro exchange rate initially ticked higher this week as EUR sentiment was undermined by comments from a European Central Bank (ECB) policymaker, […] The post Pound euro exchange rate crashes following BoE’s dovish shift appeared first on Spanish Property Insight. |