A second home on the Costa del Sol means more than just the purchase price.Once you become a homeowner, you’ll have to deal with local taxes, common area fees, insurance, and home maintenance. Individually, many of these costs seem manageable. Together, however, they can make a significant difference in your annual budget—especially for a home with a pool, a yard, extensive shared amenities, or...
The asking price is rarely the amount that is ultimately deducted from your account.In addition to the purchase price, buyer’s costs in Spain include taxes, legal fees, notary and registration fees, and possibly mortgage costs.The difference between new construction and existing homes, in particular, has a significant impact on the final amount. As a practical guideline, you can expect:9 to 10%extra for...
If you are dreaming of a second home under the Spanish sun or want to invest in real estate on the Costa del Sol, you are faced with an important choice: do you opt for a new construction project or an existing property? Both options have their own advantages and disadvantages. In this comprehensive blog post, we'll take you through the main differences so you can make an informed decision. 1. New...
The Spanish Golden Visa program, a popular route for non-EU citizens to obtain residency rights in Spain through investment, will soon come to an end. This program, launched in 2013 to attract foreign investment, currently still offers the possibility of obtaining a residence permit through various investment options, including a minimum of €500,000 in real estate. The program will end permanently on...
September ushers in a time when you have renewed energy to explore new investments and real estate opportunities. As the bustle of summer wears off, the market offers new opportunities perfect for those looking for a new home or a smart investment. This month, three new construction projects on the Costa del Sol are worth a look: The Collection Camojan, Blossom Hills and Serenity Alcaidesa. Whether you're...
Málaga Province is an enormous area, incorporating vast swathes of beautiful Mediterranean coastline, villages, towns and cities, each with their own special unique character and charms. Unless you are familiar with a specific area or have a previous preference, the sheer scale of choice makes it difficult to decide where you should buy your dream home. From the magnificent apartments for sale in Málaga...
It’s official, Marbella has been awarded the title of the ‘Best European Destination in 2024’. A survey undertaken by the European Best Destinations organization polled over 1 million holiday makers to find the 20 most popular locations, out of a list of 500. Marbella comfortably won first prize, with a clear majority of votes, as being the best place to visit in 2024. Marbella comfortably won first...
It's official, Marbella has the title of "Best European Destination in 2024. A survey conducted by the organization European Best Destinations asked more than 1 million vacationers to vote for the 20 most popular locations from a list of 500. Marbella easily won first prize, with a clear majority of votes, as the best place to visit in 2024. This price is timely in reminding us why Marbella and the...
The Costa del Sol has been reaffirmed as the jewel in the crown for luxury property sales in Spain. According to a recent report by Idealista.com, the Golden Triangle (consisting of three of the most popular towns on the coast; Benahavís, Marbella and Estepona) has once again been identified as the region with the most expensive homes for sale in Spain. Of the three towns, Benahavís (positioned 10...
Why a Costa del Sol lawyer is indispensable in property purchases If you are considering buying property on the Costa del Sol, it is essential to have a qualified lawyer on your side. This article highlights the importance of a lawyer and why the services of a Costa del Sol lawyer are a valuable addition to any real estate transaction in this beautiful region. Navigating the Legal System Spanish real...
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