Despite best efforts by Brexit stupidity, apocalyptic pandemics, Pedro Sanchez throwing grenades at investor confidence, Scandinavian currency wobbles, Trumpmania, wars and the cost of living crises throughout Europe, all indications suggest that Costa del Sol and Marbella area property prices will continue to rise. And why wouldn’t they? Since Covid we’ve witnessed a blurring of the lines between primary and secondary residences. This shift, coupled […]
The Costa del Sol has transformed into one of Europe’s top luxury destinations, attracting high-net-worth individuals (HNWIs) from across the globe. Marbella, in particular, has become a hotspot for affluent travellers, offering exclusive resorts, Michelin-starred dining, high-end real estate, and world-class golf courses. Why the Costa del Sol Appeals to Luxury Travellers 1. Exclusive Resorts & Five-Star Hotels Marbella’s Golden Mile is home to legendary […]
A widely accepted best practice is to follow the 80/20 rule for social media content: 80% of posts should focus on content that provides value to your audience. This includes sharing helpful information, tips, trends, news, or entertaining content that resonates with their interests, needs, or challenges. This builds trust and engagement. 20% of posts can be promotional, highlighting your company’s services, achievements, offers, or […]
The proposed 100% tax on property purchases by non-EU, non-resident buyers in Spain is expected to have significant impacts on the real estate market: 1. Decline in foreign investment: The tax would likely make Spain less attractive to non-EU investors, potentially leading to a drop in foreign demand for properties. 2. Market slowdown: Uncertainty surrounding the tax may cause a temporary decrease in property sales, […]
The proposed tax increase on holiday rentals in Spain is likely to have several effects on the availability of rental properties in tourist areas: 1. Reduction in short-term rentals: The tax hike may discourage property owners from offering short-term holiday rentals, potentially leading to a decrease in the number of available tourist accommodations. 2. Shift towards long-term rentals: Some property owners may choose to convert […]
Spanish Prime Minister Pedro Sánchez announced plans to impose significant restrictions on property purchases by non-EU buyers in Spain. The proposed measure would introduce a 𝐭𝐚𝐱 𝐨𝐟 𝐮𝐩 𝐭𝐨 𝟏𝟎𝟎% 𝐨𝐧 𝐭𝐡𝐞 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 made by buyers residing outside the European Union. He didn’t provide more details of how this would work, but did say this was something Congress (Spain´s Congreso de los […]
𝐈 𝐬𝐚𝐲 𝐭𝐡𝐢𝐬 𝐰𝐢𝐭𝐡 𝐥𝐨𝐯𝐞 – An agent asked me this the other day, so in the spirit of sharing (and caring), here are my proposed New Year’s resolutions for agents… 1. Delete the words “tapestry”, “realm”, “delve”, “engaging”, “evolving” and “landscape” from your dictionary, it stinks of ChatGPT (double-bad if used together “evolving landscape” 🤮 ) – when you use ChatGPT add: “avoid using […]
Spain’s property market defied global trends in 2024, posting a remarkable 10% sales growth in the first nine months and surpassing 500,000 transactions. A standout third quarter saw a 16% year-on-year increase, with Malaga Province leading the charge at 18% growth. While neighbouring countries like France and Germany struggled with declining markets, Spain’s resilience—bolstered by foreign buyers, local demand, and a strong economy—cemented its position […]
The Spanish government has announced that the ‘Golden Visa’ program, which grants residency permits in exchange for investments, will end on 3rd April 2025. After this date, no further permits will be issued under this scheme. The ‘Golden Visa’ program was introduced to attract foreign investment by offering residency to individuals who invested in Spanish real estate or businesses. However, concerns have been raised about […]