Property in Spain

has long been the top choice for property investors and those searching for a dream home in the sun and while all the news is of scandal this, the end of the property bonanza, land grab and all the rest there is one inescapable fact there are lots of empty villas, house and apartments in Spain that makes it a buyers market. Also the drop in capital gains tax from 35% to 18% for foreign investors is a big help and an obvious inducement from the Spanish authorities

Spain is an excellent option for those in search of a vacation or retirement home, whether to live full time or as is often the case half of the year many choose to live in Spain in the winter months while northern European weather is inclement and let it out in the summer months to provide an income.

After years of price rises Spain has experienced a sharp drop in property prices but there are signs that they are bottoming out and as I said earlier it?s a buyers market and offers will be taken, you could quite easily end up with your dream Villa in Spain for rather less than advertised.

 

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