The acceleration of house prices in Spain continues with a 12.2% increase in the first quarter 2024. The National Institute of Statistics has reported the highest quarterly growth since the first three months of 2007. New properties were only 0.1% behind second-hand property prices, which grew by 12.3% from January to March. READ MORE RISE CONTINUE The house price increase …

Three ultra-luxury Costa del Sol properties are currently on the market or have recently been sold. IF not already known as it, Marbella is nailing down its position as Spain’s luxury property capital after a string of mega-mansions have hit the market for eye-watering sums exceeding €20 million. Three deals stand out: Villa Olympus, which previously sold for €27.5 million …

This month, the Spanish parliament is likely to speed up a massive package of tax hikes on foreign investors and holiday rentals operators. The Socialist party (PSOE) has unveiled plans to slap hefty new taxes on foreign property buyers whilst hiking VAT on tourist flats from 10% to 21% – more than doubling the current rate. The Housing Minister Isabel …

A British tycoon’s Marbella mansion has hit the market for a staggering €70 million, making it the most expensive house for sale in Spain. Villa Bellagio is located in Sierra Blanca – the most exclusive private area of Spain – and has amenities that would have made Roman emperors swoon. READ MORE Shock for Spain’s Costa del Sol as 30% …

According to the Fotocasa property website, prices for second-hand houses in Spain increased by 14.8% annually in May. The report states that it’s the largest year-to-year growth in 20 years. Only between April and may of this year, prices increased by 4%. READ MORE Based on prices per square metre, Fotocasa has calculated that the average price of a flat …

Kronos Homes, a residential real estate developer under Kronos Real Estate Group, has unveiled two new housing projects on Spain’s Costa del Sol, totalling 270 homes and representing a combined investment of over €100 million. According to a company statement, the developments in Torremolinos, Mijas and other coastal areas of Malaga are a testament to the commitment the company has …

TO call Salamanca’s Plaza Mayor ‘just’ a city square, the little word ‘just’ has to pull off a heroic shift. This is not an overstatement. The Plaza, a stunning piece of architectural design, is quite possibly one of the most beautiful places in the world. Construction started on May 10th 1720. The urban environment was never the same again. Each …

A PREGNANT expat fears shedding her child after she found fraudsters had stolen her dream house with pretend authorized certificates. The Scandinavian environmental scientist is now questioning how conmen may by some means create a bogus energy of legal professional (POA) to amass the house on the Costa del Sol. The 32-year-old is now ‘terrified’ of leaving her Mijas house, after …

The Spanish Socialist Party PSOE proposed in the parliament a new law that would require all foreigners to pay 100% of their purchase price if they bought a property.  The British who purchase a house in Spain will be required to pay the exact same amount of taxes as they paid for the home.  Spanish socialists have made this proposal …

Bank of Spain warns that property prices are inflated by an overvaluation. A lack of available housing coupled with rising household incomes has led to an overpricing rate between 1.1% and 8% as a national standard. The Financial Stability Report of the entity does not provide regional breakdowns, but it suggests that Madrid and Barcelona have some of their biggest …