Property - Archives

To invest in Costa del Sol Property

Buying and renting property on the Costa del Sol has long been a popular investment. You can find good quality villas, townhouses and apartments from Nerja to Sotogrande. In recent years, property market of the prestigious coast has been providing a steady return on investment.
What are the most sought-after areas giving the great opportunity to invest in Spanish sunshine?

Factors that Influence Andalusia Property Market.

The largest autonomous region and the only part of Spain with both Mediterranean (600kms) and Atlantic (300kms) coastlines is one of the world’s favourite destinations attracting tourists, holidaymakers and expats. No wonder! Andalusia is just about as close to paradise as it’s possible to get.

Investing in Spanish Real Estate. Important Economic Factors.

Today, investors are searching for different opportunities that can give a satisfying return on their investment. Purchased in the right location, property remains the favorite form of investment, offering substantially greater returns than any other form of investment. Why Spain?

Drumelia Project Management Services

The Drumelia Real Estate Project Management department offers a service that is flexible and tailored to the client’s needs, building on our technical know-how, management skills and experience to give investors and private homebuilders total peace of mind through an approach that is entirely transparent, accountable and aimed at delivering your home or project on time and to the agreed budget.

Nalog Nedvizhimost Ispania

New ruling signals the end of unqualified capital gains tax 

Translated, Capital Gains Tax in Spain is officially called the tax on the Increased Value of Urban Land (IIVTNU), but most commonly it is known simply as Plusvalía. By definition, the tax applies when you sell a property for a profit and have to pay a percentage on that margin. Yet for several years now town halls across the country have been charging it when there is no profit—or even a loss. A recent ruling by the Constitutional Court in Spain heralds an end to this practice.