Relax… and check out the latest news from the markets
With the release of the notaries’ statistics for overseas property buyers in the 1st half of 2021 we get some idea of how strongly this very important sector of Spain’s property market is performing. Overseas buyers make up 20% of the overall market and they spend more.
Smart move Andalucía. Property purchase taxes in Spain are high & Andalucía temporarily reduced its ITP to 7% as a short term post-Covid market boost. Now the reduction has been made permanent. No more sliding scale with 10% high, a flat rate 7% gives competitive edge.
Full year results for overseas buyers in Spain in 2020. In spite of travel restrictions nearly 80,000 international purchasers bought a property in Spain in 2020. Read the breakdown in detail.
In normal times the full year results from the Notaries show trends in the Spain’s overseas property market. Not so much right now but perhaps a clue to 2021 if demand returns quickly.
Still in recovery mode from the 2008 meltdown, will the Spanish property market face more turmoil in the wake of Covid-19?
The signs were there at the end of 2018. Now the 1st half year statistics seem to confirm a downward trend. Overseas demand in Spain in 2020. Will it be up, down or flatlining?
Crunching the numbers in Spain’s overseas property market. Are there signs of a slowdown?
Another week, another new tourist rental law. This time it’s Madrid and it’s a tough one. 95% of tourists rentals could disappear.
Is the IMF being over cautious with its recent warning about property price rises in Spain?
No slowdown in overseas buyers in Spain, numbers up 5.8% this year.
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