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Opinions, advice and fresh thinking from Costa Activa’s experts.

Spain Property Renaissance Gives Life to Stock Turnaround

Spain Property Renaissance Gives Life to Stock Turnaround Sergio Berdion lived his whole life in Madrid until 2012, when Spain’s real estate collapse drove him to Chile in search of work. Last year he came back. “Things are definitely better,” said Berdion, 36, who works as an intermediary between architects and building contractors. “I don’t know if we’ll ever get back to the boom days, but there’s more and more work.” The pickup that allowed him to return home is…

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Do I have to pay capital gains tax on capital gained from the sale of my property in Spain?

Do I have to pay capital gains tax on capital gained from the sale of my property in Spain? It is widely known that Spain is a very attractive tourist destination for residents from the EU. Moreover, it is also a favorite destination for those who decide to go into retirement. It is therefore not surprising that many EU citizens have moved to Spain to enjoy the sun, the beach and the tranquility of this country. In majority of the…

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MORTGAGE NEWS: Mortgage base rates back to historic low

After a small blip last month, Euro mortgage base rates have headed back down to a new historic low as lending expands in Spain, giving the Spanish property market a boost. 12-month Euribor – the rate typically used to calculate mortgage repayments in Spain – fell to a new low of 0.161 in August, a percentage decline of 3% in a month, and 65.7% in a year, reducing monthly mortgage payments for many borrowers in Spain. Repayments on a mortgage…

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BBVA: Spanish house prices to recover “gradually”

The positive trend of rising home sales seen in the first half of the year will continue in the second, but house prices will lag behind, says BBVA, Spain’s second biggest bank. The “Real Estate Flash” report prepared by BBVA Research points out there were 188,432 homes sales in the first half of the year, an increase of 7.9% on the same period last year, according to data from the General Council of Notaries. Rising sales were driven by expanding…

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Russian Ruble Decline Hitting Spanish Property Sales

The falling ruble is starting to impact Spanish property sales to Russians, who have been among the most active foreign buyers in recent years. Queries from Russia are down 60 per cent in recent months, according to Agustin Ramirez, founding partner of Costa Activa, a Spanish estate agency with a large share of the Russian market. While the decline may be attributed to various factors, including the turmoil in Crimea, the biggest influence has been the depreciation of the ruble,…

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Alicante (Headquarters)
Avenida del País Valenciano, 7
Centro de Negocios Terramar, Of. 6.3
03509 Finestrat, Alicante, Spain
+34 966 882 703
+34 664 377 070
leads@costactiva.com
Almería
Paseo de Andalucía 24, Almería
Los Gallardos
04280 Almería
+34 950 469 173
+34 692845968
greg@costactiva.com
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Alcaidesa,
11315 Cádiz, Spain
+34 722 402 473
+34 667 033 859
tor@costactiva.com
Granada
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Cenes de la Vega
18190 Granada, Spain
+34 958 074 620
+34 615 273 761
elisa@costactiva.com
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Calle Menorca 15
Bajo
Valencia (46023), Spain
+34 962 065 235
+34 616 965 904
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Alicante (El Albir)
Centro Comercial Monver Local 5 A
03591 Alfaz del Pi, Spain
+34 966 882 703
+34 616 66 24 64
santiago@costactiva.com
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Avda. Diputacion, 301
Principal
08009 Barcelona, Spain
+34 933 900 523
+34 665 689 410
katri@costactiva.com
Ibiza
P/Amadeo Roca Gispert 1
Santa Eulalia del Rio,
07840 Ibiza, Islas Baleares, Spain
+34 966 882 703
+34 664 377 070
leads@costactiva.com
Mallorca
Calle Fluviá, 1 - Bajos Izquierda
Son Fuster
07009 Palma de Mallorca, Spain
+34 971 706 800
+34 634 343 153
mallorca@costactiva.com
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Marbella
Avda. Ricardo Soriano, 72, Portal B
Planta 1ª
29601 Marbella, Malaga
+34 951 204 160
+34 691 026 165
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Miami
1390 Brickell Ave
Suite 104, Miami, FL
33131 United States
+1 305 507 8429
+1 305 951 0821
america@costactiva.com
Sevilla
Calle Evangelista 7
Bloque E, Local 2
41010 Sevilla, Spain
+34 954 000 817
+34 636 807 099
lola@costactiva.com
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