By ML Director of Alanda Properties As Spain’s leading property portal IDEALISTA reports in its article of August 2021, property sales over the last six months are at levels unseen since 2008. Spain’s National Bureau of Statistics (INE) reports 267,700 properties sold during the first 6 months of this year. We need to look back […]

By ML Director of Alanda Properties I often get comments that buyers cannot possibly afford a villa in Marbella because they are all in excess of 1mn euros. This is of course untrue. Marbella is surrounded by all sorts of gated developments (urbanizaciones, in Spanish). Granted, some of them are on prime location and will […]

By ML Director of Alanda Properties 3rd of August 2021 With the first six months of 2021 coming to a close, we can now look back and do a balance of what it’s been like, and what a ride it’s been! As we had been repeatedly pointing out, the drastic tax cut in property taxes […]

By ML Director of Alanda Properties 3rd of July 2021 Last month we published an article featuring Marbella’s high-end market is booming! The sale trend still continues strong, and if anything, it’s picking up traction as word-of-mouth spreads out over the net. The sale season is nothing short of spectacular, with busy notaries all over […]

By ML Director of Alanda Properties 3rd of June 2021 The new tax changes that were put in motion by Andalucia’s regional government since 2019 on inheritance tax have fostered foreign investments. Particularly the new tax changes we reported back in April 2021, that lowered both Property Transfer Tax (resales) and Stamp Duty (off-plan property), […]

By ML Director of Alanda Properties 3rd of May 2021 On Monday 26th of April, Andalusia’s coalition government agreed to lower taxes in the region of Andalusia. Concretely the following six taxes will be significantly reduced: IRPF (personal income tax) IHT (inheritance tax) Patrimonio (wealth tax) ITP (property transfer tax) AJD (stamp duty) Taxes on […]

By Martha L. Director of Alanda Properties 1st of April 2021   On buying a home in Spain, the first point is to determine whether you are buying new build (off-plan or sobre plano, in Spanish) or a resale (second-hand property or reventa, in Spanish). Two different sets of taxes apply depending on which property […]

By Martha L. Director of Alanda Properties 3rd of March 2021   Last month saw the sale of an eye-watering 40mn euro villa located in Marbella’s upscale Sierra Blanca development with unmatched views over the Mediterranean Sea. This, I believe, sets a new sales record. You can read here the full story. The new owner […]

By Martha L. Director of Alanda Properties 1st of February 2021 For the first time ever, British investors now qualify for a Golden Visa (GV, for short) in Spain post-Brexit. A GV rolls out the red rug for those privileged few who can afford it! If you don’t fancy doing long queues, and passing pesky […]