10 reasons to buy property in Spain
3 May 2023
By MLDirector of Alanda Properties 10 reasons to buy property in Spain 1. Store of value. In times of political and economic instability gold and real estate are king as traditionally they act as safe havens where savers shelter their money to weather the storm. 2. Staves off inflation. At a time when inflation is […]
6 things to watch out for on buying property in Spain!
17 April 2023
By MLDirector of Alanda Properties On buying property in Spain, you should be mindful the title is clean. It is fairly common the previous owner is in arrears. In Spain, debts follow the property not the debtor. Meaning, when you take over the ownership, you also take on all the existing debts from the previous […]
Spain’s rental prices increased on average by 10%!
7 February 2023
By MLDirector of Alanda Properties The trend of increased rental prices, which started in 2016, continues unabated during 2023. As the economic press reports, on average rental prices across Spain surged by over 10% year-on-year. This confirms, once more, that buying-to-let is one of the strongest, best-performing, and safest investments of our time. A perfect nest […]
Spain’s Digital Nomad Visa approved!
13 January 2023
By MLDirector of Alanda Properties Spain’s Digital Nomad Visa (DNV) came into force on the 1st of January 2023. It allows you to work remotely from Spain i.e. teleworking. The DNV is extensive to family members i.e. spouse and children under the age of 18 years old. The main advantage of a DNV is its […]
12 December 2022
From the team at Alanda Properties, we wish all our clients and friends a Merry Christmas and a Happy New Year! Alanda will reopen for business on Monday 9th of January 2023. Martha
Plusvalia tax increased as of 2023
3 November 2022
By MLDirector of Alanda Properties On selling property in Spain, you are liable for two taxes: The first tax is national and set by the government. The second tax, is a devolved competency to municipalities (read town halls). They are free to set the rate within a sliding scale supplied by the government. The government […]
Andalusia suppresses Wealth Tax
4 October 2022
By MLDirector of Alanda Properties Andalusia approved to suppress wealth tax on the 21st of September 2022. In plain English, following on the example of the liberal region of Madrid, it will set on wealth tax an allowance of 100%. Which in practical terms, is tantamount to abolishing wealth tax altogether in the region of […]
8 September 2022
By MLDirector of Alanda Properties September marks the end of the summer and the start of autumn. Autumn is the high season for property purchases. Traditionally the best months for property sales are September, October, and November. As we have highlighted in multiple articles over the last two years, there is a property boom going […]
3 August 2022
By MLDirector of Alanda Properties You are probably aware of Spain’s Tenancy Act (LAU, in Spanish). You will have likely heard that all long-term rental contracts in Spain are subject to the LAU and must abide by its terms. But are they really? Spoiler: no! There are a number of rental contracts that fall outside […]
Spanish real estate chains 11 months of continued growth!
1 July 2022
By MLDirector of Alanda Properties Spain has registered 11 months of consecutive real estate appreciation, with each month surpassing in strength the previous one, showing no signs of abating. As published in previous articles, after the Covid pandemic officially ‘ended’, property rebounded, buyers threw themselves en masse to buy property in Spain. Spanish savers collectively […]