The Costa del Sol (Malaga) remains a prime market for the foreign worldwide community attracting millions of visitors every year for a host of reasons:
A pleasant all-year-round climate. The Costa del Sol boasts 330 days on average of sunshine a year.
A question we frequently get asked by clients is if they should be paying 1 or 2 months’ security deposit on renting out in Spain. The short reply is it depends.
Springtime is almost upon us, it is once more the time of the year in which Mother Nature paints the countryside in bright yellow colours, animals are keen to display courtship behaviour, and humans drive estate agents nutty on looking for a brand-new home!
Ironically, one of the best times to redu
Investing in Spanish property to let it out (BTL) became a hugely profitable business over the last five years, yielding two digit returns year-on-year.
Spain has become Europe’s leading Golden Visa supplier. Thousands of non-EU nationals, and their families, have attained a coveted Golden Visa since its inception in 2013.
Unbeknownst to scores of foreign Spanish residents, there is a tax obligation to file tax form 720 if you own assets abroad in excess of 50,000 euros.
Legions of foreign property owners, who are resident in Spain, may ignore the existence of this tax obligation.