Property investors in Spain who are not registered within their relevant local tourism authority and let holiday properties to tourists could face fines of up to €30,000 under new legislation. The Spanish authorities are carrying out thoroughly inspections, inspecting paperwork and even examining websites in an attempt to eradicate what they regard as unregistered letting. …
Category Archives: Overseas Property
Overseas Property: Cyprus
Travel experts say that attracts a considerable number of British holidaymakers every year. According to the travel agent Thomas Cook Cyprus is proving to be as popular as ever. Cyprus is continuing to attract a considerable number of people from the UK each year, Thomas Cook revealed. The average property prices in Europe have risen …
Bulgaria Reported Top Property Market
Bulgaria was reported as the best performing property market; in the spite of concerns over the level of oversupply of Bulgaria holiday properties, and the skepticism of many property investors. Bulgaria’s property prices rocketed 30.6 percent last year outperforming the rest of Europe. On the whole, property prices growth is slowing down globally. An 8.2 …
Overseas Property Investment in Portugal
Being Portuguese myself, it’s obvious that my heart still lies there even after living in the UK for almost 10 years. Portugal has a lot offer for property investors, the Algarve may have been the pioneer region which attracted many European property buyers but investors are now looking everywhere, from Lisbon (perhaps the most underrated …
Investing in Spanish Overseas Property
For the serious property investor, any property is a potential money making opportunity. With the current world stock’s instability and fluctuating interest rates, the property market still remains an excellent option for investment. The UK property market is great for those who can afford to invest and allow it to mature before seeing any dividends. …