We know that life in the Spanish sunshine is healthier, that property there looks to be a good investment right now and that holiday home ownership is unaffected by Brexit. But what if you need a few more funds to buy a home in Spain? The good news is that for UK homeowners aged 55 and over, equity release offers a route to buying easily and quickly, using your own assets. Our equity release partner Responsible Life explains….
There is excellent news for property buyers in Spain this week. Read the latest on lower Spanish taxes, stronger protection for buyers and ever cleaner beaches. And if you’re tempted to buy a Spanish home, check out a bargain on a celebrity couple’s rather special home in Mallorca too! If you’ve got a spare €30 million that is…
Renting out a holiday home when you’re not using it is a fantastic way to earn a second income stream, but it needs careful planning. Most guests are respectful, but you can occasionally run into someone who causes problems – which is why holiday home insurance in Spain is so important. But what does it cover, and how much does it cost?
As they say in Europe these days, you can’t have your cake and eat it. (The Spanish equivalent of the saying is “you can’t be at mass and ringing the bells”). Or can you? Buy a home in Spain and your money will be safe in bricks and mortar earning you capital growth or rental while you’re enjoying “free” holidays. Here are a few more ways your Spanish home will be paying for itself while you’re enjoying it.
It is only comparatively recently that the various Spanish Autonomous Regions have introduced tight rules for rentals, especially holiday rentals. It was necessary to ensure the high standard now expected by tourists. Many places which were advertised had no basic amenities such as air conditioning or ceiling fans. Some had no natural light in bedrooms and fell below the expected safety criteria. Today, we explore the major rules for rentals in Spain.