Investors - Archives

Domestic and International Property Market

Two sectors of the Andalusian property market operate completely independently of each other, with separation more obvious since the 2008 global crash.
Domestic market is totally bound to what happens in Spanish economy. Spanish purchasing power remains quite weak because the economy has not yet recovered from the crisis and unemployment is still high. At the same time, the purchase of homes by foreigners has been living its sweetest moment for a decade, especially on the coasts, almost doubled and already represents 2 out of every 10 operations closed in Spain, according to data from General Council of Notaries.
The overseas buyers are benefiting from prices that are still below the pre-crash numbers and fixed rate mortgages on offer in Spain.

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.

Artur Loginov
Artur Loginov Sales Director +34 622 596 121