Latest property news

Read the latest property news from all around the world from our expert writers located all over the world. Get the latest on buying, travel, emigration, retirement and much more. Whether you are buying a sunny property to spend your summers, or making a big move abroad you will find everything you need to know here.


 

The Algarve’s “Bumper Holiday Season” Comes to Fruition

A strong holiday season was widely predicted for Portugal’s Algarve this year, and the predictions were correct, with the destination already set to smash records as the peak of the season gets underway. A particularly busy Algarve holiday season was predicted by many this year. One of the key reasons for this is a dramatic drop in interest for destinations including Turkey, Tunisia and Egypt, where the risk of terrorist activity is currently high.
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Let us have dual identities – post-referendum petition for British-Spanish citizenship

For the many thousands of British people resident in Spain, Brexit has created a feeling of uncertainty about their future. A petition seeks to address their concerns by asking for Spanish and British citizenship. Two British journalists living in Spain have launched a petition to the Spanish government requesting that British citizens who have been resident in Spain for ten years or more be allowed to hold dual British/Spanish citizenship. This could affect around 400,000 British people and would remove some of the uncertainty British people living in Spain currently face following the vote t
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The Trouble in Spain Falls Mainly on the Plane

It has been an uncomfortable summer for air travellers, with strikes and operational difficulties affecting many flights to and from Spain, and Barcelona suffering the most. We look at what lies behind the problems. It has not been an easy time of late for Spain and its airlines; for many people travelling to and from the country, there are still more problems on the way. Passengers have been left stranded for hours and now there is a threat of strike action.
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Spanish Marine Association successfully encourages boating on Spanish shores

The Spanish marine industry association, ANEN, launched a successful campaign to encourage people to get in the water earlier this year. Called “Embárcate” – or “Go boating!” – the campaign was launched in officially in March 2016, in conjunction with the Nautical Congress that was hosted in Barcelona, and aims to encourage more people aged 25-45 to get into boating.
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Tax in France

Our expert Independent Financial Advisor partners in France believe that the tax system is likely to remain very similar to the current structure in the event of Brexit. This is because: a). Cross border taxation of income and capital (such as French property rental income, proceeds of property sales, UK residents inheriting French property, and all UK sourced income for French residents) is subject to existing Double Tax Treaties, which are set up completely independently from the EU and therefore do not fall under EU regulation. The UK leaving the EU will not automatically change this system
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Focus on Inheritance Tax and Legalities

We asked Spanish property experts for their thoughts and guidance on the effects of Brexit for expats and property buyers in Spain. What are the effects on inheritance? EEA citizens currently pay the same inheritance tax as locals in Spain, however, as these double-taxation treaties are not created by the EU, Brexit should not affect these UK-Spain tax agreements. So, the reassuring news is that nothing will really change over the next two years. The main implication of the Leave decision that you need to be concerned with in the short term is the effect on exchange rates, and therefore your s
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Enjoying summer with an eye to your wallet

How can you enjoy your summer in Spain without spending a fortune? There are simple ways to save your money which we list below. Summer has arrived in Spain and we usually find we spend more at this time of year. Perhaps you will have a couple of ice creams a day, or will go out to eat more often or visit new places? Snacks on the beach, live music, fiestas all contribute to a larger than normal outlay. We suggest a few ways to save money while still having fun.
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Swings and Roundabouts

Spain is seeing price rises for property for the first time in 8 years. Is this likely to be a permanent trend or will Brexit bring them down again? Looking at the Spanish and British Press comments about the property market in Spain, you might be forgiven for feeling confused. On the one hand, some experts are saying that prices are likely to rise by as much as 12% over the next year, on the other side some suggest that the British are less likely to buy which will impact on the Spanish property market.
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