Spanish property market driven by foreign investment in 2017

Spanish Property

According to Premier Marbella news sources, a recent report on the Spanish property market shows that in the first quarter of 2017 foreign nationals purchased 15.000 properties in Spain, which represents a 13.1 per cent share of the total property sales.  Continue reading

The Spanish property market grew by 15% in 2016

Spanish property

According to Premier Marbella news sources, a recent report was issued by National Institute of Statistics (INE) show that the Spanish property market expanded by 15% in 2016, the biggest increase since the property boom years. Last year 13.25% of all Spanish property purchases were made by overseas buyers equivalent to 53.000 transactions and British buyers represented 19%. Continue reading

Spanish property owners rebel over Plusvalia tax charges

Spanish property

According to Premier Marbella news sources, a recent high court ruling regarding Plusvalia Tax opened the pathway for an increasing number of Spanish property owners to take legal action against local councils over the forced payment of Plusvalía Tax even when there is a substantial value loss on the sales price.

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Indicators show a slight rise in Spanish Property prices

Spanish property

According to Premier Marbella news sources and a report released from the Spanish Real Estate Statistics Registry, Spanish property prices rose 2.6% year on year to March 2015 and 1.8% up to the end of 2014. This would indicate that a possible price turnaround started last year.  Continue reading

The Spanish property market is entering a new growth cycle in 2015

Spanish Property

According to Premier Marbella news sources, a recent report in the Spanish property section of the tabloid El Mundo stated that 2015 would appear to be kicking off with great optimism after green recovery shoots appeared in 2014 in what would seem to be a new Spanish property market cycle. Continue reading