Costa del Sol property & lifestyle, news, views, advice & information

Spain forced to backpedal on unfair expat inheritance tax laws

Author: Ian Clover  |  September 23rd, 2014

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The change in Spain's tax ruling could benefit thousands of Brits, even those who have already inherited

The European Court of Justice today ruled that Spain’s inheritance tax laws – which are currently higher for expats than they are for Spaniards – are discriminatory.

In a landmark ruling, the Court decided that Spanish authorities are not legally allowed to charge different rates of inheritance tax. The move could benefit thousands of British expat families that, previously, were subjected to higher tax rates on certain assets, such as inheritance or gifts of property…

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Scotland chose correctly, says Spanish PM

Author: Ian Clover  |  September 22nd, 2014

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Although Catalans were hoping that Scotland would vote yes, the fact they voted at all is encouraging

Spanish Prime Minister Mariano Rajoy has expressed his delight that the Scottish Independence Referendum fell on the side of the ‘No’ vote, citing the “serious consequences” that could have occurred had Scotland voted for independence…

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Scotland’s ‘No’ vote pushes sterling to a 2-year high

Author: Carolyn Mowlem  |  September 19th, 2014

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Sterling banknotes and coinsAs 55 per cent of Scotland’s voters rejected independence on Thursday, in their Daily Market Brief, exchange experts Moneycorp report that overnight sterling advanced across the board, peaking at 02.24am on Friday morning when it was nearly 1 per cent higher on average than it had been 24 hours earlier; and 2.5 per cent above its level ahead of the Sunday Times publishing the first ‘too-close-to-call’ opinion poll on 7 September.

Despite having fallen back a little this morning, sterling remained close to a 2-year high against the euro, while against the dollar it was at its healthiest for more than 2 weeks.

Barcelona costliest Spanish city for tourists

Author: Ian Clover  |  September 19th, 2014

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Barcelona's beauty, vibe and unique architecture comes at a price

The most expensive place for tourists to visit in Spain is Barcelona, according to a recent study by travel website TripAdvisor.

The online poll assessed 52 Spanish locations, ranking each destination on costs likely to be incurred by the average tourist, such as a night at a four-star hotel, cocktails for two, a two-course dinner with wine, taxi fares and general entertainment…

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Madrid’s Maggie homage divides opinion

Author: Ian Clover  |  September 18th, 2014

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Madrid's Plaza Margaret Thatcher is located in the upscale heart of the city

From Iron Lady to a Madrid square, the legacy of the late Baroness Thatcher – UK Prime Minister between 1979 and 1990 – continues to divide opinion across Britain and Europe following this week’s unveiling of Plaza Margaret Thatcher in the Spanish capital…

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Spanish property prices post first sustained rise for six years

Author: Ian Clover  |  September 17th, 2014

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Last quarter, Spanish property was 0.6% more expensive than the same time last year

Property prices in Spain during the second quarter of the year rose year-on-year for the first time since 2008 as the country’s real estate market steadied further.

With property transactions having increased encouragingly over the past few months (rising by 24 per cent in July in Málaga province alone), it appears that the property market in Spain has turned a corner…

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World’s biggest liner makes her European debut in Málaga

Author: Carolyn Mowlem  |  September 15th, 2014

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Weighing in at a massive 225,000 tonnes, measuring 361 metres from stem to stern and carrying 6,360 passengers plus 2,394 crew, Málaga – where she stayed 12 hours – was the leviathan cruise ship’s first landfall after upping anchors in Miami six days earlier…

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July property sales up 24 per cent in Málaga province

Author: Carolyn Mowlem  |  September 12th, 2014

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Nueva Andalucía, Marbella, Málaga

Property transactions in Málaga in July were the highest since 2008.

The positive reports about the Spanish housing market just keep on coming. The latest one – published just yesterday by the INE (Spain’s National Statistics Institute) – shows that property sales in the province of Málaga, which includes the Costa del Sol, were up by a whopping 24 per cent in July when compared to figures for the same month last year, and streets ahead of the 10.7 per cent increase recorded nationally…

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Tories promise to give expats back the vote at next general election

Author: Ian Clover  |  September 11th, 2014

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Brits who have lived overseas for more than 15 years may be able to vote again in UK elections should the Tories secure a second term

The UK’s Conservative Party has announced that it plans to draw up a manifesto to abolish current laws that state expats lose the right to vote in Britain if they have lived overseas for 15 years or more.

The announcement comes as the Tories begin their pre-election campaign, and the pledge will be introduced after next May should they secure a second term in office…

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Spain would block Scottish EU entry, says policy expert

Author: Ian Clover  |  September 10th, 2014

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While Spain and the EU have no say in Scottish independence claims, they could influence an Independent Scotland's future

The ongoing secessionist movements in Spain mean that it is ‘highly probable’ that the country would vote to block Scotland’s entry to the EU should the Scots vote in favour of independence at this month’s referendum.

Fears that an independent Scotland gaining access to the European Union would inspire Catalan and Basque claims for independence from Spain mean that the Spanish government will be watching the results of the September 18 vote closely…

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