As its name suggests, Privilegio De Marbella is situated in a “Privileged” beachside location in Puerto Banus – one of the most coveted locations on the Coast. Its careful architectural design fuses classical Andalusian architecture with sophisticated contemporary Mediterranean style that results in properties enjoying maximum light and a wonderful sense of space. Read the rest of this entry »
Rateable values are being updated in Marbella
December 12, 2011
Property owners in Marbella may have recently received a letter from the Spanish Tax Office to inform them that their property’s rateable value has been revised. These records are being updated by the tax authorities for the first time in 23 years. Read the rest of this entry »
Property Prices Down by up to 50% in Spain
October 25, 2011
A recent report released by the government last week reveals the average house price in Spain has fallen by 22% since the peak of 2008, which means the average price of Spanish property is now down to 2005 levels. These figures are based on price per square meter which currently stands at approximately 1,700 euros. Some of the price falls can be attributed to developers overbuilding and which has left them desperately seeking buyers and offering us big discounts. There are also many properties that have been repossessed or require a quick sale from the owners. Read the rest of this entry »
Should you make a Spanish will?
September 13, 2011
If you are a Spanish home owner and wish to leave your property to your children, spouse or partner when you die, its vital to make a Spanish will in addition to your English one. It’s not a great subject to talk about but realistically its one we must think about.
In Spain the laws are very different from the UK when it comes to inheritance. If you pass away without a Spanish will (testamento) stating your wishes, your estate will be split up under Spanish laws of inheritance. When buying a property in Spain, making a will should be part of that process. It’s not usually very costly, and it will make it much easier for your loved ones if you pass away. Read the rest of this entry »






