British nationals looking to buy property in Spain could soon face an unprecedented financial hurdle, as the Spanish government considers a new 100% property tax aimed squarely at non-EU residents. The proposal, part of a wider housing reform initiative by Prime Minister Pedro Sánchez’s administration, has triggered alarm among international buyers and expats alike. What’s Being Proposed? The draft...
by Nick Marr
Spain is set to introduce a tax of up to 100% on properties purchased by non-residents from countries outside the EU, including the UK. Prime Minister Pedro Sánchez announced the proposal, calling it an "unprecedented" measure to address Spain's housing crisis. Speaking at an economic forum in Madrid, Sánchez stressed the need to avoid a societal divide between "rich landlords and poor tenants." He...
1. France: Timeless Charm at a Fraction of the Cost France remains a favourite for international property buyers, particularly in regions outside of Paris. Areas like Dordogne, Limousin, and Occitanie offer charming countryside homes at prices significantly lower than those in urban centers. According to French property experts, rural homes in some regions can start as low as €50,000, making France an...
The Spanish real estate market continues to show robust growth in 2023, with significant interest in both coastal and urban properties. Recent trends indicate a rise in prices, particularly in luxury segments and popular tourist destinations. Estepona: Flourishing on the Costa del Sol Estepona is witnessing a steady increase in property values, with average prices for beachfront condos starting at...
by Nick Marr
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