Costa del Sol

I read an interesting article from the Daily Telegraph regarding the Costa del Sol which made interesting reading: http://www.telegraph.co.uk/global/main.jhtml?xml=/global/2008/03/31/noindex/opcosta129.xml&CMP=EMC-expat2008
Whilst it refers pretty much only to the property market in that area, it perfectly sums up the scenario here on the eastern coast of Spain too.

Comments

Post a Comment

Popular posts from this blog

National Court Ruling That Rejects Discrimination Against Non-EU Citizens Who Rent Properties in Spain

Image
This is a significant legal development regarding tax discrimination against non-EU citizens who rent properties in Spain. The key points of this ruling are: Court Victory : The Spanish National Court ruled on July 28, 2025, that it's against EU law to prevent non-EU property owners from deducting rental expenses when filing their Spanish tax returns. Tax Discrimination Issues : The article discusses ongoing discrimination where: Non-EU citizens pay 24% tax rate vs. 19% for EU residents Non-EU citizens couldn't deduct property-related expenses Non-EU citizens couldn't apply rental income reductions (60%-90%) available to Spanish residents Legal Battle : The lawyer Alejandro del Campo Zafra has been fighting this discrimination for years and has additional cases pending that could further level the playing field. Practical Impact : Non-EU property owners in Spain can now request refunds for overpaid taxes and deduct legitimate property expenses, similar to EU residents. Chec...
Read more

Spanish Housing Prices Continue Strong Growth in July 2025

Image
Like the view, check out the listing here The Spanish housing market shows no signs of slowing down, with property prices continuing their upward trajectory throughout the summer months. New data reveals that housing values are accelerating across all regions, with urban centers leading the charge. Key Market Highlights The average value of new and used housing in Spain increased by 1.5% between June and July , bringing the annual growth rate to an impressive 11.5% . This sustained growth demonstrates the robust demand continuing to drive the Spanish property market. Capitals and major cities experienced the most significant monthly increase, with prices rising 2% compared to the previous month . This surge in urban areas reflects the ongoing concentration of demand in Spain's key metropolitan regions . Regional Performance Leaders When examining annual growth rates, three regions stand out as the top performers: Islands (+15.7%) - Leading the market with exceptional gr...
Read more

Wine tasting at Enrique Mendoza

Image
I recently paid a visit to one of the many local bodegas in the Alicante area, Enrique Mendoza in Alfaz del Pi. It was a lovely surprise to receive the gift of a wine tasting event from my amazing wife, and so we arrived at the event just in time, starting at 12:00 prompt with our guide from the bodega.  We started  with a short discussion on the history of this family winery, how it grew from a small operation in Alfaz del Pi, and then outgrew Alfaz del Pi and bought up hectares of land in Villena, inland of Alicante and approximately 100 kms from Alfaz.  Then a visit to see the storage and the bottling facilities (which are still managed in Alfaz) and of course the best bit, the tasting.  Blessed by the good weather in early January, drinking a wine with the sun on your face, stunning surroundings, make sure you visit too! Seven wines, a selection of white and red and a sweet wine to finish, all were amazing and we were encouraged to drink and enjoy them, no s...
Read more