It was confirmed on the 31st of December 2011 under the Royal Decree – Law 20/2011 that the reduced VAT rate of 4% introduced in 2011 will remain applicable for all new build properties only in Spain throughout 2012. In an ongoing effort to reduce the volume of stock property in Spain and stimulate the construction [...]
Property sales made by foreign residents in Spain experienced an increase of 24.7% in the third quarter of 2011 compared to the same period last year according to statistics from The Ministry of Public Transactions. This figure takes into account all foreigners who live and resident in Spain while further statistics show that the provinces [...]
Making it even easier to buy your dream home in Spain, top developer Taylor Wimpey de España, has announced that it will match the Spanish government’s 4% reduction in IVA (the equivalent of VAT) on new properties meaning that NO VAT will be due on new stock properties delivered before the end of 2011. In an [...]
The prestigious ‘Blue Flag’ eco label bestowed upon 3,550 beaches and marinas in 41 different countries across the globe has awarded Spain 511 Blue Flags for its beaches and 92 for its marinas, more than any other European country, in recognition of the Iberian nation’s beautifully pristine beaches. The Blue Flag is a highly recognised [...]
Its good news for European tourism as a survey conducted by Eurobarometer highlights that an increasing number of tourists are continuing to enjoy holidays on the continent with 68% of EU citizens travelling last year compared to 65% in 2009. Further stats from Eurobarometer indicate that while 28% of the 30,000 individuals asked would like to [...]
