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' pr ...
Spain Slaps Sanctions on Airbnb
Airbnb faces fines of up to €100,000 (maybe more*) from the Spanish authorities for failing to remove thousands of unlicensed tourist apartment listings, despite prior warnings. This comes after Spain's Consumer Affairs Ministry launched formal sanc ...
Why Are More Buyers Relocating to the Costa del Sol?
The trend toward relocation on the Costa del Sol changes everything. We are already witnessing it in places such as The Pool Marbella where new ecosystems of startups and entrepreneurs from around the world are emerging. While several factors cont ...
Introducing the IAA
A new professional network for independent real estate agents has launched in Spain's Costa del Sol. The Independent Associate Agents (IAA) network, established by LM Group and LMG Academy co-founder Marina Nitzak, aims to provide operational support ...
A Mixed Bag in Q3
Foreign buyers made up 14.9% of Spanish property sales in Q3 2024. While this total is in line with recent trends, the mix of buyer nationalities is changing. The UK, Germany, and France traditionally held the top spots, but France has dropped from 3 ...
Breakfast of Champions
You may have heard that the local agents association the LPA - The leading property agents of Spain held a real estate breakfast presentation earlier this week. Plenty to unpack, I’ll do something more in-depth another day but for now, the main ta ...
The Best areas to Live in Marbella
Marbella offers several exceptional areas for living, each with unique characteristics and appeal. Here are the top neighbourhoods: Luxury and Exclusivity Zones The Golden Mile - Stretches from Marbella city to Puerto Banús - Most exclusive area ...
Ugo Bagration to Head Sotheby’s in Marbella
VIVA Sotheby's International Realty has appointed Ugo Bagration as Regional Director for Eastern Andalusia. This move comes as part of a broader expansion strategy by VIVIUM Holding, the investment firm that recently acquired the luxury real estate b ...
Meh Month for Spanish Real Estate
The number of properties sold in Spain in May 2024 increased by a moderate 3% year-on-year, reaching 62,485 homes, with the average price per square meter at €1,681, representing a 1.3% annual increase, according to official figures from Spain's Nota ...
Are You Team Resale or Off-plan?
Foreigners spend 76.4% more on new homes compared to second-hand homes when purchasing properties in Spain. Foreigners purchasing new homes in Spain pay an average of €299,053, while the average price for second-hand/resale properties is €169,573. ...