Great news for property buyers here in the Marbella area!
Spanish properties for sale on the Costa del Sol represents some of the best value for money in the world at the present time. Also known as Costa del Golf, Property has an excellent growth potential.
In Spain, the transfer tax has been at the following rates with resales:
8 % on properties up to €400,000.
9 % on properties priced.
between €400,000 and €700,000.
10 % on properties priced over €700,00.
– From tomorrow on at least until the end of this year there will be only a single general rate of 7%.
– With new-build properties the tax remains the same VAT (IVA in Spanish) 10%.
– Stamp Duty used to be 1,5% and now it is fixed to be only 1,2% from tomorrow on.
Now is a great time to buy a property from Marbella with LuxuryForSale.Properties.
LuxuryForSale.Properties focus is on luxury homes for sale and rent on the coastal regions, especially Marbella and its surrounding area on the Costa del Sol. Yes, to buy a luxury property in Spain, you have to have a significant amount of money at hand. But, the opportunity here is that the present market enables buyers to afford more for their money. Luxury homes are much more accessible presently as some owners need to sell quick. Getting an hold of what is honestly, a dream home in Marbella for a much lower price is an attractive proposition. Plus indicators show that just as these luxury homes are dropping in price less drastically than other properties, they will also increase in price more quickly when the market starts to stabilize again. Meanwhile, you get to enjoy an impressive home, located in one of Europe’s most prestigious locations at a great price.
If you are looking to buy properties on the Costa del Sol, Spain. Please Contact any of LuxuryForSale.Properties professional Real Estate Agents and we will be delighted to assist you further. Luxury Homes For Sale on the Costa del Sol with LuxuryForSale.Properties, Luxury Real Estate Agency.
