Mallorca has always been a popular holiday destination with tourists from around the world, due to its wonderfully warm climate, stunning beaches and Mediterranean cuisine. However, in the past few years, Mallorca has seen a property market boom – faring much better than the rest of Spain. Holidaymakers are falling
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Eligibility For Property Sales Tax Reductions In Alicante
We all have to suffer the payment of taxes on already bloated property prices. Despite the downturn in the economy forcing a reduction in prices especially in the coastal areas of Spain, many people, especially the young, find it difficult to get on the property ladder in Spain. This is
Continue readingOn The New Mortgage Law Of Turkey
Since the new Turkish mortgage law passed on March 2007, the mortgage and real estate markets have continued their growing trends that are mainly driven by lower interest rates; however, this growth is probably just the tip of the iceberg. The Turkish mortgage law that passed on March 2007 has
Continue readingMenorca Real Estate Prices Set For A Price Crash
A sunshine Spanish Mediterranean holiday home for many Europeans, but especially the British, has been an aspiration achieved by many since the early 1980’s, when the UK allowed the free flow of capital, and property price gains allowed many to sell up in Britain and move to Spain and her
Continue readingTop Reasons For Buying A Property Abroad
There are several reasons why people choose to buy a second property abroad. Ownership of property outside the UK is increasing in popularity. Fuelled partly by lower house prices and better climates, and made more favourable still by low-cost airlines, the appeal of a second property abroad is understandable. Once
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