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        <title>Propertyshowrooms.com News - Spain</title>
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        <link>https://propertyshowrooms.com/spain/news/</link>
        <description>News and articles on worldwide property and real estate investment in Spain</description>
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            <title>Propertyshowrooms.com News</title>
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        <ttl>15</ttl>
            <item>
                <title>Spain welcomes nearly one Million less Tourists than predicted for first Half of 2018</title>
                <link>https://propertyshowrooms.com/spain/news/spain-welcomes-nearly-one-million-less-tourists-than-predicted-for-first-half-of-2018/
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                <pubDate>2018-09-04T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spain-welcomes-nearly-one-million-less-tourists-than-predicted-for-first-half-of-2018/</guid>
                <description><![CDATA[Between January and June this year, Spain recorded a 2.2% drop, close to one million, in tourist numbers, as well as a 3.1% decrease in overnight stays, according to the National Institute of Statistics (INE). Fears of excessive heat this summer and protests by locals against the onslaught of holidaymakers seen in recent years may be to blame for this fall in tourists.]]></description>
            </item>
            <item>
                <title>Lack of Supply blamed for Downturn of Balearic&#39;s Property Market</title>
                <link>https://propertyshowrooms.com/spain/news/lack-of-supply-blamed-for-downturn-of-balearics-property-market/
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                <pubDate>2018-08-31T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/lack-of-supply-blamed-for-downturn-of-balearics-property-market/</guid>
                <description><![CDATA[According to the National Institute of Statistics&#39; (INE) latest report, sales transactions in the Balearic Islands fell by 27% on an annual basis in May and by 18% in June of this year, despite growth in most other Spanish markets, where demand from foreign buyers increased. Why has there been a downturn in the Balearic market, when the Costa del Sol for example has seen a robust growth of demand?]]></description>
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                <title>Sales &amp; House Prices rise steadily at the Costa del Sol in first Half of 2018</title>
                <link>https://propertyshowrooms.com/spain/news/sales-house-prices-rise-steadily-at-the-costa-del-sol-in-first-half-of-2018/
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                <pubDate>2018-08-20T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/sales-house-prices-rise-steadily-at-the-costa-del-sol-in-first-half-of-2018/</guid>
                <description><![CDATA[According to the National Institute of Statistics, sales in Malaga province rose just shy of 5% in the first quarter of 2018, compared to the same quarter in 2017. Both sales transactions and property prices are rising steadily. Property portal Idealista.com even quoted price rises of 12% in Malaga province, based on the portal&#39;s own sales data for the first quarter. Marbella was the leading performer, with an average house price now standing at 971,000 euros, according to estate agents Lucas Fox Marbella, who also reported that their sales, compared to 2017, more than quadrupled in the first six months of 2018.]]></description>
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                <title>How is Brexit likely to affect non-resident&#39;s Income Tax in Spain?</title>
                <link>https://propertyshowrooms.com/spain/news/how-is-brexit-likely-to-affect-non-residents-income-tax-in-spain/
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                <pubDate>2018-07-30T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/how-is-brexit-likely-to-affect-non-residents-income-tax-in-spain/</guid>
                <description><![CDATA[If you own real estate in Spain, but are not resident in the country, you are liable to pay non-resident&#39;s income tax. You must submit an annual return every year and will be asked to pay an annual tax, if you are using the property as a holiday home.]]></description>
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            <item>
                <title>Do you own Spanish Property via an international Company?</title>
                <link>https://propertyshowrooms.com/spain/news/do-you-own-spanish-property-via-an-international-company/
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                <pubDate>2018-07-20T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/do-you-own-spanish-property-via-an-international-company/</guid>
                <description><![CDATA[If so, the Spanish tax authorities may have you in their sights. In the past, tax advisors told wealthy investors that the most tax-efficient way of owning Spanish property was to establish an international company. Some international companies were set up as a layer of structures, including trust funds as the ultimate top layer. Several thousand residential properties in Spain are owned in this fashion.]]></description>
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            <item>
                <title>Spanish House Prices continue to rise sharply</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-house-prices-continue-to-rise-sharply/
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                <pubDate>2018-07-19T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-house-prices-continue-to-rise-sharply/</guid>
                <description><![CDATA[In the first quarter of 2018, according to data published by the Ministry of Development and National Statistics Institute, Spain saw 134,705 house sales completed, an annual increase of 7.97%, compared to the same quarter a year earlier. Of these, 16.67% were sales to international buyers. This part of the market segment experienced a downturn of 0.44%.  One reason for this slight downturn was due to the fact that Pound Sterling has been underperforming against the euro. The typical British buyer is being put off, as house prices have contined to rise in their double digits along several of Spain&#39;s coasts, including Alicante, Ibiza, Malaga and Mallorca.]]></description>
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                <title>Spanish Mortgage Approvals soared by 34% in April 2018</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-mortgage-approvals-soared-by-34-in-april-2018/
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                <pubDate>2018-07-18T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-mortgage-approvals-soared-by-34-in-april-2018/</guid>
                <description><![CDATA[Year-on-year, according to the Spanish Statistical Office, the number of mortgage approvals soared by 34% this April, with the average mortgage value rising by 9.1% to 123,256 euros. The capital loaned by Spanish lenders amounted to 3.54 billion euros, a 46.5% increase on the same month a year earlier.]]></description>
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                <title>Spanish Holiday Rental Taxation for non-resident Landlords</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-holiday-rental-taxation-for-non-resident-landlords/
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                <pubDate>2018-07-12T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-holiday-rental-taxation-for-non-resident-landlords/</guid>
                <description><![CDATA[The beginning of 2018 saw fresh changes to the way in which buy-to-let landlords are being taxed in Spain. Not paying your taxes is no longer an option - you could be facing huge fines, when the Spanish Tax Office (AEAT) finds out you are letting your property, whether you are resident or a non-resident landlord, and fail to report your rental income. A tax advisor or accountant will be able to tell you, just how much you can save in tax with the latest changes in taxation rules. Broadly speaking, the changes are these:]]></description>
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                <title>Number of Brits buying Costa del Sol Property has doubled because of Brexit</title>
                <link>https://propertyshowrooms.com/spain/news/number-of-brits-buying-costa-del-sol-property-has-doubled-because-of-brexit/
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                <pubDate>2018-07-05T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/number-of-brits-buying-costa-del-sol-property-has-doubled-because-of-brexit/</guid>
                <description><![CDATA[Record numbers of tourists, declining unemployment, more than 3% GDP and similar forecasts for 2018, plus improved international credit rating all contributed to an upsurge of the country&#39;s housing market, especially for Costa del Sol property. Property portal Panorama.es predicted a &quot;golden age&quot; for Spain&#39;s property market, this time &quot;without excesses, until at least 2022&quot;.]]></description>
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                <title>Torremolinos grows in Popularity with Tourists</title>
                <link>https://propertyshowrooms.com/spain/news/torremolinos-grows-in-popularity-with-tourists/
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                <pubDate>2018-07-02T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/torremolinos-grows-in-popularity-with-tourists/</guid>
                <description><![CDATA[According to the National Statistics Institute, INE, Torremolinos saw the highest increase in tourist numbers this spring recorded in the last decade. In May 2018, Torremolinos became the most popular tourist destination at the Costa del Sol. The survey revealed that the city saw an 11.12% increase in visitors in May, compared to the same month in 2017. Overnight hotel stays rose by 7.8% at the same time, the highest rise Torremolinos has experienced in the last ten years, according to INE&#39;s hotel occupancy survey.]]></description>
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            <item>
                <title>Spanish Home Sales surge in April &amp; May 2018</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-home-sales-surge-in-april-may-2018/
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                <pubDate>2018-06-19T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-home-sales-surge-in-april-may-2018/</guid>
                <description><![CDATA[In April this year the number of homes sales recorded by the Spanish Land Registry surged by 31%, compared to the same month in 2017, according to the National Institute of Statistics (INE). Property portal Idealista.com published its own statistics on price increases, which show an increase of prices by nearly 0.8% for the month of May, compared to May 2017, thanks to booming demand. Year-on-year, resale house prices rose by 7.8%, according to the portal&#39;s own data. International property experts Lucas Fox estimated that in the first two months of 2018 alone some 90,000 Spanish homes were sold.]]></description>
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                <title>Spanish &amp; other overseas Debt Recovery for Investors</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-other-overseas-debt-recovery-for-investors/
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                <pubDate>2018-06-18T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-other-overseas-debt-recovery-for-investors/</guid>
                <description><![CDATA[If you happen to own an overseas property and you incur debts on this property, this may well affect your chances of purchasing another property back home. For example, if you do not pay your obligatory service charge or community fee in Spain or any other property related tax, you could end up losing your foreign property as a result and be unable to buy a property in your home country. If, for example, you are letting out your Spanish or overseas property to tenants and they default on the rent, lawyers you appoint will try to recover monies for you in accordance with Spanish or other overseas laws.]]></description>
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            <item>
                <title>Lawyers and Solicitors in Mallorca</title>
                <link>https://propertyshowrooms.com/spain/news/lawyers-and-solicitors-in-mallorca/
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                <pubDate>2018-06-06T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/lawyers-and-solicitors-in-mallorca/</guid>
                <description><![CDATA[If you are planning to invest in real estate in Mallorca, be it in the residential or commercial sector, you will need the services of a good law firm, one that can deal with national and international clients in Spanish as well as other languages. Lawyers in Mallorca are used to dealing with international clients on matters of taxation, real estate (conveyancing), probate and inheritance tax and a whole range of other topics, including divorce. Immigration visas are one of the hot topics in Europe at present, and both Portugal and Spain offer Golden Visas for non residents.]]></description>
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                <title>Lawyers and Solicitors in Marbella</title>
                <link>https://propertyshowrooms.com/spain/news/lawyers-and-solicitors-in-marbella/
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                <pubDate>2018-05-29T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/lawyers-and-solicitors-in-marbella/</guid>
                <description><![CDATA[If you are planning to invest in real estate in Marbella, be it in the residential or commercial sector, you will need the services of a good law firm, one that can deal with national and international clients in Spanish as well as other languages. Lawyers in Marbella are used to dealing with international clients on matters of taxation, real estate (conveyancing), probate and inheritance tax and a whole range of other topics, including divorce. Immigration visas are one of the hot topics in Europe at present, and both Portugal and Spain offer Golden Visas for non residents.]]></description>
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            <item>
                <title>Lawyers in Barcelona</title>
                <link>https://propertyshowrooms.com/spain/news/lawyers-in-barcelona/
                </link>
                <pubDate>2018-05-18T11:44:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/lawyers-in-barcelona/</guid>
                <description><![CDATA[Multi-lingual law firms in Barcelona deal with a wide range of legal matters that are of interest to overseas clients, from commercial trade, family law to intellectual property, commercial and residential real estate, European Union law and immigration. If you are planning to move to Spain and start a business in Barcelona, they can also advise you on the complex issues of employment law, as there are differences between the individual EU member states.]]></description>
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                <title>Wills and Probate in Spain</title>
                <link>https://propertyshowrooms.com/spain/news/wills-and-probate-in-spain/
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                <pubDate>2018-05-18T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/wills-and-probate-in-spain/</guid>
                <description><![CDATA[Losing a loved one is a terrible blow now matter where you happen to live, but if you are living in a foreign country, such an event can be devastating in more ways than one. Laws concerning Spanish death duties and inheritance tax (IHT) are very different from, say, the UK, and many British property buyers have been caught out by the pitfalls of Spanish wills and probate regulations. It is therefore imperative to consult a lawyer in Spain or specialist law firm in the UK as soon as a property purchase has been completed in your chosen location.]]></description>
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                <title>Starting a Business in Spain</title>
                <link>https://propertyshowrooms.com/spain/news/starting-a-business-in-spain/
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                <pubDate>2018-03-27T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/starting-a-business-in-spain/</guid>
                <description><![CDATA[Despite uncertainties over Brexit, increased numbers of British citizens opted to buy a Spanish property at the end of 2017 and relocated to places like the Costa del Sol to start their own business. At the time of writing it is not clear what the outcome of current negotiations between the EU and the UK government will be, so it is anyone&#39;s guess what impact this will have on British expats setting up in business in Spain. It is widely believed that the Golden Visa, which currently covers non-EU citizens who wish to obtain a residency permit in Spain, may then also cover UK citizens, as they will now be classed as &quot;third country&quot; individuals. The Golden Visa is generally speaking given to people who invest more than EUR 600,000 in either a Spanish property or a Spanish business.]]></description>
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            <item>
                <title>Foreign Demand for Spanish Real Estate surged in Q4 2017, with Brits back in greater Numbers too</title>
                <link>https://propertyshowrooms.com/spain/news/foreign-demand-for-spanish-real-estate-surged-in-q4-2017-with-brits-back-in-greater-numbers-too/
                </link>
                <pubDate>2018-03-05T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/foreign-demand-for-spanish-real-estate-surged-in-q4-2017-with-brits-back-in-greater-numbers-too/</guid>
                <description><![CDATA[According to the latest figures available from the Spanish Land Registrar&#39;s Association for the final quarter of last year, foreign demand for Spanish residential real estate grew sharply, as British buyers returned in considerable numbers. Spain&#39;s overall housing market expanded by 19.8% in the last quarter of 2014, with 111,921 home sales, which was the highest fourth quarter level since the recovery of the housing market began in 2015.]]></description>
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            <item>
                <title>Recommended Lawyers in Marbella</title>
                <link>https://propertyshowrooms.com/spain/news/recommended-lawyers-in-marbella/
                </link>
                <pubDate>2018-03-01T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/recommended-lawyers-in-marbella/</guid>
                <description><![CDATA[Finding the right property at the Costa del Sol is just half the battle - before you can move into your dream retirement home, you&#39;ll need to find a law firm that can deal with the purchase of your Marbella property in not just one, but two languages. If you&#39;ve selected a well-established estate agency, they should be able to put you in touch with a multi-lingual law firm, or at least one where it is easy to arrange for all important documents to be translated so you know what you&#39;re signing!]]></description>
            </item>
            <item>
                <title>Guide to retiring to Spain</title>
                <link>https://propertyshowrooms.com/spain/news/guide-to-retiring-to-spain/
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                <pubDate>2018-02-28T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/guide-to-retiring-to-spain/</guid>
                <description><![CDATA[International Living Magazine has just released its Annual Global Retirement Index, which identifies the best places to retire to in the world. It comes as no surprise to fans of the Costa del Sol that Spain is in ninth place among the top ten retirement destinations. Proof that Spain is one of the best countries in the world to retire to comes also in form of statistics published by the Spanish Land Registrar&#39;s Association, whose figures for the final quarter of 2017 show that foreign demand for Spanish property rose sharply, with British demand returning to strong growth, too.]]></description>
            </item>
            <item>
                <title>Uncertain Planning Situation still restricting Housing Market in Marbella Municipality</title>
                <link>https://propertyshowrooms.com/spain/news/uncertain-planning-situation-still-restricting-housing-market-in-marbella-municipality/
                </link>
                <pubDate>2018-02-05T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/uncertain-planning-situation-still-restricting-housing-market-in-marbella-municipality/</guid>
                <description><![CDATA[Although house prices and housing transactions in many parts of Spain have much improved since the market crashed in 2008, in Greater Marbella construction of new housing is being hampered by lack of movement on the thorny planning permit issues that have plagued the municipality for a long time. Now planning expert lawyers are saying that it could take another two to three years before the municipality will be able to issue any reliable planning permits. This has been hugely frustrating for developers and landowners, but also for house buyers looking for a Marbella retirement villa or Costa del Sol holiday home.]]></description>
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                <title>How and Why to Invest in Overseas Property</title>
                <link>https://propertyshowrooms.com/spain/news/how-and-why-to-invest-in-overseas-property/
                </link>
                <pubDate>2018-01-31T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/how-and-why-to-invest-in-overseas-property/</guid>
                <description><![CDATA[Overseas property is an attractive prospect for investors, often offering higher rental income and better capital growth over time. Buy in the right place, and you’ll not only have a second home that can be used for future holidays, but also a profit-making property that can be rented seasonally as a holiday let, or as a permanent all-year-round residence. 

Here’s more information about why it’s a great idea to invest in property abroad, and how to go about it.]]></description>
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            <item>
                <title>Madrid &amp; Mallorca to regulate Holiday Rentals with Suitability Certificates &amp; Zoning</title>
                <link>https://propertyshowrooms.com/spain/news/madrid-mallorca-to-regulate-holiday-rentals-with-suitability-certificates-zoning/
                </link>
                <pubDate>2018-01-26T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/madrid-mallorca-to-regulate-holiday-rentals-with-suitability-certificates-zoning/</guid>
                <description><![CDATA[The Island Council of Mallorca as well as Madrid City Hall are fed up with complaints about unregulated holiday letting and are thus introducing new legislation that will see rogue lettings to tourists curbed drastically. Spanish Property Insight reported that the entire Madrid region will regulate all holiday lettings with regulations that will include implementing suitability certificates.]]></description>
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            <item>
                <title>Costa del Sol&#39;s Housing Market sees much positive Change in 2017</title>
                <link>https://propertyshowrooms.com/spain/news/costa-del-sols-housing-market-sees-much-positive-change-in-2017/
                </link>
                <pubDate>2017-10-10T09:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/costa-del-sols-housing-market-sees-much-positive-change-in-2017/</guid>
                <description><![CDATA[While Marbella has already become the 6th most expensive place to buy a property in Spain, the rest of the Costa del Sol is catching up nicely too. A few days ago Osim, a Chilean investment group, announced a 480 million euro investment, which will see the creation of the residential and leisure complex &quot;Alcazaba Lagoon&quot; in Casares.]]></description>
            </item>
            <item>
                <title>How to obtain a NIE Number in or outside of Spain</title>
                <link>https://propertyshowrooms.com/spain/news/how-to-obtain-a-nie-number-in-or-outside-of-spain/
                </link>
                <pubDate>2017-08-04T10:30:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/how-to-obtain-a-nie-number-in-or-outside-of-spain/</guid>
                <description><![CDATA[If you&#39;re planning to become a permanent resident or want to buy a Spanish property, you will need an NIE number. Unfortunately, the rules as to what exactly you need the NIE for, such as work or residency for example, change according to where in Spain you apply for them and when. This can therefore only be temporary overview to give you an idea of what the Spanish NIE is for and how to obtain it, whether you already reside in Spain or are still living in your home country.]]></description>
            </item>
            <item>
                <title>How to get a Mortgage in Spain</title>
                <link>https://propertyshowrooms.com/spain/news/how-to-get-a-mortgage-in-spain/
                </link>
                <pubDate>2017-07-18T02:30:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/how-to-get-a-mortgage-in-spain/</guid>
                <description><![CDATA[In some areas of Spain, such as Mallorca for example, it&#39;s almost impossible these days to rent long-term, at least not at a reasonable rental rate. It makes sense, given that Spanish property prices are still comparatively low, to buy a holiday home. However, Spain has been plagued by manifold property scandals, and it&#39;s therefore imperative to do as much research as possible before taking the decision to buy. Make sure you appoint a good, reputable lawyer, never leave anything that could become costly in the hands of developers or estate agents, and above all, ensure that every document you sign is translated, if you&#39;re not fluent in Spanish!]]></description>
            </item>
            <item>
                <title>Propertyshowrooms Pure FX Currency Update 13 July 2017</title>
                <link>https://propertyshowrooms.com/spain/news/propertyshowrooms-pure-fx-currency-update-13-july-2017/
                </link>
                <pubDate>2017-07-13T02:00:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/propertyshowrooms-pure-fx-currency-update-13-july-2017/</guid>
                <description><![CDATA[Welcome to Pure FX&#39;s fortnightly update of the foreign exchange rates. This tells you when the exchange rate is favourable, to buy your property overseas.]]></description>
            </item>
            <item>
                <title>Spanish rental Prices smash 2008 Boom Time Records in six regional Capitals</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-rental-prices-smash-2008-boom-time-records-in-six-regional-capitals/
                </link>
                <pubDate>2017-07-07T11:30:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-rental-prices-smash-2008-boom-time-records-in-six-regional-capitals/</guid>
                <description><![CDATA[What is good news for investors in Spanish properties, is bad news for local renters. Led by Barcelona, six regional capitals now show record increases, with rental asking prices exceeding those charged before 2008, when the Spanish housing market collapsed due to a worldwide recession.]]></description>
            </item>
            <item>
                <title>Eighteen Consecutive Months of Growth in Spanish Property Market</title>
                <link>https://propertyshowrooms.com/spain/news/eighteen-consecutive-months-of-growth-in-spanish-property-market/
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                <pubDate>2016-02-01T09:25:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/eighteen-consecutive-months-of-growth-in-spanish-property-market/</guid>
                <description><![CDATA[The latest data released from Spain&#39;s General Council of Notaires shows that residential property sales in the country increased by 7.3% in November last year, compared with the same month in 2014.]]></description>
            </item>
            <item>
                <title>Spanish Property Prices up 5% on Foreign Buying</title>
                <link>https://propertyshowrooms.com/spain/news/spanish-property-prices-up-5-on-foreign-buying/
                </link>
                <pubDate>2015-09-11T10:10:00</pubDate>
                <guid>https://propertyshowrooms.com/spain/news/spanish-property-prices-up-5-on-foreign-buying/</guid>
                <description><![CDATA[Since Spain&#39;s real estate bubble burst in 2008 and brought its economy crashing down with it, foreign money has been driving recovery in the nation&#39;s property market.]]></description>
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