Houses for Sale in Spain

Local Fiestas and Traditions in Spain

The glue that binds Spanish society together are the local fiestas that happen in every town or small village every year.. An example of this I heard about in Olocau this week. Local taxes had gone up by around 40% on average and to stop the dissenting voices about, “where does our money go?”, the [...]

On Unrealistic Expectations

Just a quick post this evening. In my last post on this blog I talked about how you shouldn’t be paying black money because of the tax implications, never mind the legal implications. However today I went to see a property and was tol by the owner that they wanted 60000 Euros in B not declared on the deeds of any sale. My actual response was, after stopping laughing, to say “Dream on!”

Black Money In Spain. Tip Number 86

The thorny issue of black money in Spain is one you should be aware of when buying Spanish property. Black money is when you buy a house for one price, let’s say 200,000 Euros for argument’s sake, and you declare less on the deeds, for example 180,000 Euros. The reason people do this is very simple, tax avoidance. The buyer would save themselves around 1400 Euros in tax in the above example, 7% of 20000 saved, and the seller might well save a lot on capital gains, eg 18% of any capital gain, let’s say the original purchase was made at 150,000 Euros and then the sale was declared at 200,000 in theory there would be a capital gain of 50,000 Euros minus costs on purchase and sale, round about 15,000 Euros. The saving therefore would be around 3600 Euros

Will You Ever Get Your Post In Spain?

The post in Spain may arrive, it may not arrive, funnily enough if it is coming from abroad it is more likely to get to you quickly then someone posting it from your own town. Go figure!

Anyway this video, the latest in our 100 tips for moving to Spain, talks about whether you will get your post and how will you get it.

Why An Attic Flat In Valencia Sells In 4 Hours

The comparison is Hen’s teeth. Finding an attic in Valencia with good outside space, not overlooked, with great views and the opportunity to create extra living space for at least six months of the year comes up rarely. Luckily I have a lot of clients who are looking for this and therefore I go out and find them for people. This means that when you come to look for an attic in Valencia I usually have some available. However, what about the headline. How does an attic sell in four hours?

Estate Agents in Spain. A Dying Breed?

For many years the way to make a quick buck in Spain was to become and estate agent. So many people started in the estate agency business using a mobile phone, a diary and little else that at one stage there was 1 agent for every 200 people in Madrid for example. Remember that is 200 people not buyers. It includes babies, people in nursing homes, extended families etc… This was never sustainable of course when the crash came.

My particular experience of this is that around 13 or 14 of my ex clients became estate agents after purchasing through my company. Only one remains!

The Latest Superb Video From TurisValencia

The Valencian tourist board do one thing very well, video. In the past they have put together some excellent promotional videos for the city and you can see them at their YouTube channel here. Now they have teamed up (No pun intended) with Valencia football club to present the city to you through the eyes of some of the footballers from Valencia. Check out the sights and sounds of Valencia as they take you around the city and its iconic places.

When Family Circumstances Give You A Bargain House In Spain

I got a call at the end of last week from a client whose house for sale in Spain is really nice. Because of circumstances he needed to go back to Germany and he wanted to reduce the price on his house rather dramatically. So here it is a price reduction from 320K to 160K, and it wasn’t massively overpriced at 320K either. So if you want a bargain house for sale in Valencia at 160k Euros with beautiful views