Costa Del Sol Property

Costa Del Sol property is in great demand being the most desirable area for people looking to buy property in Spain. There are many reasons why to buy a Costa Del Sol property as the Costa del Sol has the most well established and developed infrastructure of all Spanish coastline destinations. The Costa Del Sol has 320 days of sunshine per annum, together with its micro-climate effect it is easy to see why the Costa del Sol is the leading destination for investors, holiday makers and permanent movers for people from all over Europe.

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We have one of the most comprehensive Costa Del Sol property portfolios of apartments, townhouses and villas in all of the most sought after areas including: Puerto Banus, Marbella, Elviria, Mijas Costa, Nueva Andalucia, New Golden Mile, Benahavis, Estepona and Sotogrande. The Costa Del Sol is one of the most well connected destinations in Europe. Malaga airport is currently expanding a second terminal to allow for the increasing amount of tourists coming to the region for a holiday or looking to purchase a Costa Del Sol property for a holiday home or an investment.

Costa Del Sol property prices on the increase.

Costa Del Sol property prices are consistently rising every year due to high demand and the slow-down of supply with new government legislation imposed on the restriction of the amount of building licenses being granted to property developers. All of these factors makes the Costa Del Sol property market ideal for property investors and holiday home buyers alike.

Costa Del Sol property buyers benefit from new Spanish tax laws

A new rate of Spanish Capital Gains Tax came into force on January 1st 2007. The reduction of capital gains tax on property sales and personal income for non-residents in Spain which fell from 35% to 18% has been well received and boosted the Spanish property market greatly and boasts fantastic news for overseas residents living or working temporarily in Spain. This change by the Spanish Government follows the European Court ruling deeming the previous tax regime to be unbalanced to non-residents. Holiday home owners and property investors alike will benefit from thousands of pounds of savings as they will have to give up 50% less to the Spanish tax authorities than they did previously and rental investors too will be able to retain more of their rental yields. Furthermore owners of Spanish property will also enjoy a reduction in the withholding provision that non-residents pay upon completion down from 5% to 3%.

Contact us for more information and availability of our Costa Del Sol property.