Even in the midst of a global pandemic, the sale of luxury properties has been rising all around the world. During this difficult period investors and affluent buyers have been focusing on property and asset-based investments, such as real estate.
Throughout Europe, consistent and sustainable growth of around (3%) is the outlook for cities such as Berlin, Paris and Madrid. The cities mentioned all have regeneration projects planned in the coming decade which will upgrade stock and improve accessibility.
Blog by Million Euro Listings
The Spanish tax regime is quite different from the UK’s, and currently includes an annual wealth tax that doesn’t exist in most other countries. Even if you’re not resident, you could be liable for Spanish taxes, for example, when buying or selling property in Spain.
Although Spanish taxes can look relatively high, with personalised advice, Spain can be a very tax-efficient place to live. This is especially the case for retirees.
Article via – Blevins Franks
House prices healthy on the Costas & in the islands while city centre homes depreciate
Tinsa report that average market values of homes in this country were 0.9% higher in February 2021 than in the same month last year, despite a 1% fall in the category of “capitals & large cities”.
Article by : Viva Costa International