Blogs
ARE BANKS ‘MORE WILLING’ TO OFFER 100% MORTGAGES?
Banks in Spain seem to be relaxing their loan-to-value criteria and seem to be more prepared to offer 100% mortgages, say brokers. In the past few years, lenders were only willing to offer between 50% and 60% of either the purchased price or the value of...
Spanish Island Government slashes inheritance tax on property.
The government of the Balearic Islands have slashed inheritance tax on properties between 25% and 75%, which is likely to encourage buyers. Buyers were concerned before this announcement because of the huge bill they would pass onto their families when...
Corporations & Jet setters buying in Spain in 2015
Travelling to and from Spain for business is rising significantly in 2015 and instead of checking into hotels, these corporate jet-setters are choosing to buy second homes here. According to GBTA Foundation, business travel in the UK, Germany, Italy,...
EURIBOR
MORTGAGES in Spain really can be cheaper now that the Eurozone interest rate has plummeted? The EUROBOR at the close of April stood at 0.18%, its lowest ever in its history, having once stood as high as 5.3% at the end of 2007. The majority of mortgages in...
Buying a holiday home here on the Costa’s could help combat SAD!
It’s official – buying a property on Spain’s coast or one of its islands could help alleviate winter depression or Seasonal Affective Disorder (SAD). These symptoms are a result of lack of daylight and are surprisingly common in the Northern Hemisphere....
SPAIN’S GOLDEN VISA
Spain’s Golden Visa scheme, which was launched 18 months ago, was introduced to attract wealthy non EU investors into its property market has registered 530 applicants for far. Individuals who spend more than 500,000 Euros on property in Spain, are granted...
The Caminito del Rey
The Caminito del Rey (Path of the King) is attached to the cliff side of a gorge at El Chorro in the province of Malaga. A narrow walking platform 100 metre high is not for the feint hearted, especially when it was in disrepair for many years yet people...
FERIA DE CABALLO – HORSE FAIR IN JEREZ
The World- renowned horse fair (Feria de Caballo) in Jerez has been a fixture in the city for more than 500 years. Jerez, which is on the Costa de la Luz is well known for its sherry, but it is also widely regarded in equestrian circles for the annual fair...
SPAIN TO RETURN TO GMT
CAMPAIGNERS for Spain to return to GMT have called for the government not to put the clocks forward on Saturday night. They want to keep the time as it is now, which would put mainland Spain on BST (British Summer Time) until October when the clocks would...
