Hello again and wow, long time no blog! Six weeks to be precise but then again it has been Summer here in Spain, far too hot for work, I mean blogging.
Of course being Summer, Spain does slow down and well, I'm not going to send out a blog every Friday just for the sake of it.
So what does September and the rest of the year bring.
Well there was a pleasant surprise when the Government woke us all from our 35º Centigrade siesta to inform us that IVA on new-build property completing before the year end would be halved by 50% from 8% to 4% . No doubt a shot in the arm for the construction industry with properties to sell, but it would have been nice if the tax reduction be passed onto private sellers too, but not to be (at the moment anyway).
It remains to be seen whether this latest measure really does  help reduce the stock of new homes for sale, as well as giving the construction sector a boost and stimulating employment.
As recently as July last year, the Government increased IVA on new homes from 7pc to 8pc in an attempt to increase revenues and reduce the budget deficit so this is a U-turn that hardly covers the Government in glory.
The opposition Popular Party has promised to extend the rebate for an extra year if it wins the general election in November.
It has also put the pressure on those that need to sellre-sale property now, leading to further price reductions which we will be announcing (one to start with in Denia) over the next day or two as we get back into the swing of business once again.
It's good to be back!