January 27, 2025

Build trust, not just a feed

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 companyโ€™s services, achievements, offers, or […]

January 26, 2025

Spain 100% Tax: Potential Impact the Real Estate Market?

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, […]

January 25, 2025

Spain 100% Tax: Impact on Rentals in Tourist Areas

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 […]

January 13, 2025

Spain to Tax (the crap out of) Non-EU Buyers

Spanish Prime Minister Pedro Sรกnchez announced plans to impose significant restrictions on property purchases by non-EU buyers in Spain. The proposed measure would introduce a ๐ญ๐š๐ฑ ๐จ๐Ÿ ๐ฎ๐ฉ ๐ญ๐จ ๐Ÿ๐ŸŽ๐ŸŽ% ๐จ๐ง ๐ญ๐ก๐ž ๐ฏ๐š๐ฅ๐ฎ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ 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 (Spainยดs Congreso de los […]

January 10, 2025

3 Things to Stop Doing in 2025

๐ˆ ๐ฌ๐š๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฅ๐จ๐ฏ๐ž – 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” ๐Ÿคฎ ) – when you use ChatGPT add: โ€œavoid using […]

January 8, 2025

A Look at 2024

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 resilienceโ€”bolstered by foreign buyers, local demand, and a strong economyโ€”cemented its position […]

January 3, 2025

Spain Golden Visa ends 3.4.25

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 […]

December 19, 2024

Spain Slaps Sanctions on Airbnb

Airbnb faces fines of up to โ‚ฌ100,000 (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 sanction proceedings against the platform, something that is part of a broader initiative by officials to crack down on unlicensed tourist apartments. Reuters reports that Airbnb said it always asks […]

December 7, 2024

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 contribute to this change, the newfound capability to act on long-held aspirations (point 1 below) appears to be the most significant: 1. Remote work opportunities: The […]

November 23, 2024

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 for freelance real estate professionals. The network operates on a cooperative model, offering members shared access to business infrastructure and resources. Members receive standard business tools including Google […]