Tag Archives: Property

If you’ve ever dreamed of owning a Hotel in Spain, the options are endless. Idealist The property portal claims to have over 1,000 listings – mostly in tourist hotspots. Although the number of hotels on the site has fallen by 3.5% annually in March, it still offers almost 1,400. In the wake of Covid-19, there was a significant increase in …

THE luxurious Four Seasons Resort Mallorca at Formentor is offering guests an immersive experience inspired by HBO’s acclaimed series, ‘The White Lotus’.  White Lotus Cabana will be open from March 17 until May 14 at the resort. Visitors can enjoy an exotic menu based on the location of the show. The initiative lets fans immerse themselves in the atmosphere of …

The price of houses in Spain has increased three times faster than the rest the Eurozone. According to Eurostat, Spanish property prices are expected to increase 11.2% in the fourth quarter 2024 compared with the same period 2023. The Eurozone, on the other hand, only saw a 4.2% increase. READ MORE This means that in the Eurostat series of reports, …

San Andres Marina faces increasing uncertainty after Qatari financiers missed another important payment deadline. Al Alfia – the sovereign wealth fund associated with Qatar’s royal family – has asked for a second extension after failing to pay a second instalment to the marina’s occupation fee. This raises further concerns about the future of the project. As a possible rival to …

A number of REAL estate agents report that foreign buyers are searching for homes outside the traditionally popular areas in Spain. Instead of immediately choosing the Costa Blanca, or Costa del Sol as the destination, agents have noticed a trend towards looking at different parts, particularly the north. Paloma Pérez, Spain’s executive Director of Sotheby International Realty, said the El …

The Eastside project, which has been long awaited, is now a reality. It will be one of the largest developments in the Rock’s history. Gibraltar’s Development and Planning Commission has granted formal planning permission following a member’s invitation to view the final placement of a large coastal breakwater as part of sea defence plans for the infrastructure. The approval is …

Home buyers in Valencian Community can save money after the regional government announced a 10% reduction in property transfer taxes. Carlos Mazon said that the Valencian President, who was visiting a social housing development in Alicante City last Friday, would make this cut available to everyone. He stated that “the Valencian Community no longer has the highest property tax in …

Rafa Matutes (a businessman) and Rafa Nadal (a former tennis player) have been given approval to build up to 50 luxury homes along Estepona’s coastline. Palya Invest, a joint venture formed by the two men last year to build 40 properties around Nagueles de Marbella. Their potential total Costa del Sol investment comes to over €200 million. READ MORE ABEL …

SPAIN’s Golden Visa scheme, which allowed non-EU citizens to reside in the country by making large investments, has ended. In 2013, the initiative was launched to attract foreign capital after the financial crisis. It granted residency permits to those who purchased property worth at least €500,000. READ MORE GOLDEN KNOCK TO RESIDENCY IS NOT MORE Residency was also given to …

The Community Property Owners Associations will be able to exercise a veto on Thursday over the use of homes as tourist accommodations. The policy of allowing tourist rentals to be established in apartment blocks without the need for neighbours’ permission has been reversed. The Horizontal Property Law will be amended to require that owners obtain approval from their owners’ association …