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Andalucia rebaja el Impuesto de Transmisiones Patrimoniales y Actos Juridicos Documentados - Andalusia reduces the Tax on Patrimonial Transmissions and Documented Legal Actions

The decision of the Andalusian government will have a significant impact on those who buy a home before December 31, 2021, the end date of the measure. We must consider that the Tax on Patrimonial Transmissions and Documented Legal Actions is the most outstanding tribute that buyers of second-hand property must pay.

In Andalusia, this tax levied between 8% and 10% according to the property's value. Nevertheless, since the end of April, the Tax on Patrimonial Transmissions has become a single general rate of 7%. Meanwhile, that of Documented Legal Actions, which is satisfied when formalizing the public deed of sale, goes from 1.5% to 1.2%.

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Tranquilidad islena en este precioso apartamento frente al mar en Mallorca - Smooth Island Lifestyle in this Beautiful Beachfront Apartment in Mallorca

Mallorca is an idyllic island of beautiful beaches. Its beauty is such that it has been called 'the little Spanish Caribbean'. Colonia de San Pedro is a lovely town in the coastline of this island, and it is where we find this luxurious beachfront apartment in Mallorca.

The apartment, with sea views, is located just a few minutes walk from the town centre and very near the seaport, where one can enjoy quiet walks. But also, restaurants and many other services are located in the area.

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construccion casas madera energia isometrica eficiente calculadora monedas 73174 132 1 - The average price of housing in Spain, stable in January, but with a lot of variation by geography

The price of second-hand housing stood at 1,705 euros per square meter at the end of January, which represents an increase of 0.13% compared to a year ago, but also a fall of 0.36% compared to the month of December.

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66754663 2018425 foto 572291 - Positive expectations for the Spanish Real Estate Market in 2018

The real estate market in Spain has closed 2017 with positive numbers. Greater profitability, more mortgages, increased sales and new constructions are some of the improvements which the sector has experienced during this last year and, as expected, the forecasts for 2018 will not be different. ...continue reading "Positive expectations for the Spanish Real Estate Market in 2018"