News

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2009-10-07     Property in Murcia - A Wise Investment

With over 300 days of sunshine a year, excellent transport links and a low cost of living, it's not surprising that Murcia's popularity continues to grow. Located in the south-east of Spain, it offers vast stretches of beautiful unspoiled beaches, crystal clear seas, charming traditional Spanish vil [...]

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2009-08-01     Information note on Inheritance Tax for non-residents

I.- APPLICABLE LEGISLATION.

Law 29/1987 (Law 29/1987), of 18 November on Inheritance and Donations Tax.
Royal Decree 1629/1991 (Real Decreto 1629/1991), of 8 November, approving the regulations on Inheritance and Donations Tax.
Law 21/2001 (Ley 21/2001) of 27 December, regul [...]

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2009-08-01     Information note on VAT refunds for non-established taxpayers

APPLICABLE REGULATIONS

European Community Council Directive 77/388/EEC of 17 May 1977.

European Community Council Directive 79/1072/EEC of 6 December 1979.

European Community Council Directive 86/560/EEC of 17 November 1986.

Law 37/1992 on Value [...]

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2009-02-01      La Manga Club in Cartagena - Murcia filed for bankruptcy protection in November.

Owned by George Soris’s company MedGroup, the company purchased the club from P&O for 102 million pounds in 2004. It includes three golf courses, 28 tennis courts, 8 football pitches, a spa, 1,800 private villas and apartments, and a 5 star Hyatt Regency hotel. It’s one of the most complete tou [...]

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2009-02-01     2008 was a difficult year for the Spanish property market. Reasons to be optimistic in 2009

Over the last decade a big number of people have been investing in Spanish property whether in the form of a holiday home, buy-to-let investment or permanent relocation.

During 2008, due to the economic downturn, there was a decline in the number of people buying property in Spain, and agents an [...]

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