housing
July 1st, 2010
The Spanish VAT (IVA) rate hikes, that were announced last year by the Government as part of the 2010 Budget, have come into force today - the general rate has risen two percent, up to 18%, while the reduced rate of VAT in Spain has gone up by one percent, ...
Continue reading VAT in Spain Rises from Today
June 15th, 2010
Spanish house prices fell by 2.9% in the first quarter of 2010 compared to the same period in 2009, experiencing a continued slowdown in the decline of property prices after a 4.3% drop in the final quarter of last year, which also improved on last year's statistics. These figures are ...
Continue reading Spanish Property Prices Continue Soft Landing
June 8th, 2010
Realia, one of Spain's biggest four listed property developers, has announced that, in 2010, it will start four new housing projects in Madrid, Valencia, Seville and Valladolid, its first projects in two years. The president of the real estate company, Ignacio Bayón, said today
Continue reading One of Spain’s Largest Developers Commence First Project in 2 Years
June 7th, 2010
Data released today by the College of Registrars reveals that the number of Spanish property sales recorded in the first quarter of 2010 amounted to 117,911 units, an increase of 7.04% over the same period last year and an increase of 16.28% over the last quarter of 2009. These figures ...
Continue reading Property Sales in Spain Continue to Rise
May 26th, 2010
According to the Mercer 2010 Quality of Living Survey, which covers 221 cities around the world, Madrid and Barcelona are the highest rated Spanish cities, both of which rank among the 50 best cities in the world to live, occupying positions 48 and 42, respectively. Vienna is rated as the city ...
Continue reading Barcelona: Highest Quality of Living in Spain
May 10th, 2010
37,561 homes were sold during March 2010, representing an increase of 9% over the same month in 2009 and consolidating the rebound experienced since the beginning of the year. However, the March increase was more moderate than in February, when sales rose by 18.7%, the biggest gain in the last ...
Continue reading Spanish Property Sales Rise for Third Consecutive Month
April 26th, 2010
The Minister for Housing, Beatriz Corredor, said today that according to the latest price data and construction activity, "the worst of the housing adjustment is over" and Spain has entered a "phase of stability." Corredor was speaking during the Low Cost Real Estate Exhibition,
Continue reading Spanish Minister for Housing: The Adjustment is Over
April 22nd, 2010
The Spanish Tax Office has astoundingly announced that taxpayers who purchased a new car recently, and took advantage of the government’s heavily promoted €2000 euro public aid plan (2000E), will have to declare that aid in their tax returns as capital gains income.
Continue reading Spanish Government Aid and Grants are Taxable
April 19th, 2010
According to house price statistics released today by the Ministry of Housing, in the first quarter of 2010 the average price of property in Spain was 1865.7 euros per square metre, representing a decrease of 1.4% in respect to the previous quarter and 4.7% when compared annually. The annual drop of ...
Continue reading Spanish Property Prices at 2005 Levels
April 15th, 2010
The president of the Association of Spanish Promoters and Constructors (APCE), José Manuel Galindo, said today that the property sector is beginning to "see the light at the end of the tunnel", now that the recovery of new home sales seems to be consolidating. Galindo, who was
Continue reading Light at the End of the Tunnel for Spanish Property Sales
