Can drivers be fined if passengers do not wear a seatbelt? Traffic authorities explain
Mon, 02 Oct 2023 05:39:06
TRAFFIC authorities in Spain have clarified one of motorists' biggest queries: Whether drivers can get fined if their passengers fail to wear a seatbelt.
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'Budget' Michelin tour: What to see and where to eat (northern Spain)
Sat, 30 Sep 2023 14:30:06
WHEN the summer reaches its hottest weeks, the idea of cooler climates suddenly becomes more attractive. And although Spain generally cannot offer temperatures similar to northern Scandinavia, not everywhere in the country sees the mercury pushing the 40ºC mark in July, August and September.
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Inheritance and gift tax: Your guide to how it works, who pays, and how much
Tue, 26 Sep 2023 15:52:52
IN LIGHT of the news that four regions have axed inheritance and gift tax – either entirely, or for first-degree relatives – residents in Spain who have not had to deal with these as yet may not be clear on when it is payable, how much, or by whom.
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Four regions scrap inheritance tax and two reduce rates
Mon, 25 Sep 2023 21:53:05
MASS reductions in inheritance and gift tax have been reported across Spain, with some regions axing it altogether – starting, in most cases, from January next year.
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Spain's cheapest cities to rent in – and their top attractions
Mon, 18 Sep 2023 19:00:06
BEFORE committing to buying a permanent home in Spain, many movers prefer to rent for a specific length of time to get a feel for life in their new country; this is also likely to be the go-to option for anyone planning to live in Spain for a finite period, such as for work, or just to experience a new culture and language for a while.
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Deadline looms for Brits to exchange driving licences in Spain
Mon, 11 Sep 2023 14:55:51
BRITISH nationals living in Spain have just four days left to replace their UK-issued driving licences for a Spanish version.
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Spanish firefighters, military and charities help Morocco earthquake victims
Mon, 11 Sep 2023 09:37:21
SPAIN has stepped up to help Morocco after a devastating earthquake left nearly 2,500 dead, and numerous organisations have given details of how to donate aid.
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Where to watch the Vuelta this weekend
Fri, 01 Sep 2023 13:07:05
NOW into its seventh stage and a new calendar month, Spain's version of the Tour de France concludes its only incursion into coastal towns on Sunday,
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Traffic authority explains new road markings: 'Dragon's teeth' and zig-zags
Wed, 23 Aug 2023 06:00:36
NEW road markings are being rolled out all over Spain after starting off on just a handful of highways, and the traffic authority wants to ensure everyone knows what they mean.
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'Campeonas' pay tribute to 'our shining stars' as they make bittersweet history
Tue, 22 Aug 2023 09:02:17
SPAIN'S national women's football team is recovering from a night-long street party attended by over 20,000, which started almost as soon as they had landed after their gruelling 24-hour journey from Australia, having barely caught a few hours' sleep between their World Cup final match and catching their flight.
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Where are foreign home-hunters heading? Top 15 locations explored
Thu, 17 Aug 2023 21:17:18
EXPATS and permanent foreign residents in Spain, as well as holiday home owners from abroad, often appear to be clustered around very specific areas – typically on the coast.
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Spanish cities with the best (and worst) quality of life
Thu, 10 Aug 2023 12:35:25
PROPERTY prices, housing quality, healthcare and education, living costs and the job market are among the factors that determine where the happiest locations in Spain are, according to research by a leading national consumer organisation.
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Beach towns with the cheapest homes for sale
Tue, 08 Aug 2023 16:52:25
A HOUSE or apartment near the beach is usually the most sought-after property among buyers and renters in Spain, especially in the age of remote working where those employed in big-city firms do not necessarily need to live within comfortable commuting distance of the office.
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Property market round-up for June 2023
Sun, 30 Jul 2023 20:14:05
HOME prices in Spain show a substantial year-on-year increase despite rising mortgage interest and a general fall in sales, according to a leading valuation group.
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Air travel's 'green' future: Why food-waste fuel is a long-haul project
Tue, 18 Jul 2023 13:30:04
Debate over banning short-distance flights takes off, but the cons outweigh the pros
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Pound Euro exchange rate rebounds from four-month low
Sun, 01 Oct 2023 09:45:15 +0000
This week saw the Pound Euro exchange rate trend broadly higher after the single currency was undermined by a surge in the US Dollar. Euro punished by USD strength The Pound Euro exchange rate fluctuated through the first half of this week. The Euro initially faced resistance on Monday after Germany’s latest IFO business climate […] The post Pound Euro exchange rate rebounds from four-month low appeared first on Spanish Property Insight .
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Germany has overtaken the UK as biggest market for second-homes in Spain
Sun, 01 Oct 2023 09:43:02 +0000
The Germans overtook the British in the wake of the pandemic as the biggest group of Spanish second-home buyers from abroad, but the latest figures suggest that the British market is faring better in overall terms this year. The chart above shows the annual number of Spanish homes purchased by British and German buyers each […] The post Germany has overtaken the UK as biggest market for second-homes in Spain appeared first on Spanish Property Insight .
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Official figures confirm resilience of foreign demand in first half of 2023
Sun, 01 Oct 2023 07:30:31 +0000
The number of Spanish homes purchased by foreigners declined in the first half of the year, but only compared to last year’s boom, confirm official figures from the Spanish government. 33,718 Spanish home sales in the second quarter of the year involved a foreign buyer, down 9pc compared to last year, and following a 4pc […] The post Official figures confirm resilience of foreign demand in first half of 2023 appeared first on Spanish Property Insight .
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Pound Euro exchange rate strikes four-month low following BoE rate pause
Sun, 24 Sep 2023 07:47:06 +0000
This week saw the Pound Euro exchange rate strike its worst levels since the end of May, in response to the Bank of England’s latest interest rate decision. Pound slumps as BoE leaves rates on hold The Pound Euro exchange rate got off to a slow start this week. Sterling was trapped in a narrow […] The post Pound Euro exchange rate strikes four-month low following BoE rate pause appeared first on Spanish Property Insight .
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Barcelona one step closer to scrapping social-housing quota for new developments
Sun, 24 Sep 2023 07:44:02 +0000
The new team running the city have approved a proposal to reform the 30pc social-housing quota for new developments that led to a collapse in new home building in the Catalan capital. Back in 2018 the hard-left party then in charge of the city, Barcelona en Comù, headed by Mayoress Ada Colau, introduced a social-housing […] The post Barcelona one step closer to scrapping social-housing quota for new developments appeared first on Spanish Property Insight .
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Home sales crashed the most and recovered the best in the Balearics
Sun, 24 Sep 2023 06:22:16 +0000
After days hunched over a computer wrestling with data from public sources that never make user-friendliness a priority I’ve created a spreadsheet combining all the sales data I can find, and created an index that shows how big the crash was in different regions of interest to foreign investors, and how strong the subsequent recovery. […] The post Home sales crashed the most and recovered the best in the Balearics appeared first on Spanish Property Insight .
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Where did foreigners buy property in Spain in 2022?
Tue, 19 Sep 2023 16:30:46 +0000
Foreign investors ignore most of Spain. The chart above tells the story. Foreigners were relevant in just 8 of Spain’s 17 autonomous regions, and almost insignificant in the Spanish capital Madrid. The data comes from the Land Registrars’ Association. If you look just at those 8 regions (next chart), you see that demand is reasonably […] The post Where did foreigners buy property in Spain in 2022? appeared first on Spanish Property Insight .
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Pound Euro exchange rate rallies following ECB’s dovish rate hike
Sun, 17 Sep 2023 06:33:33 +0000
The Pound Euro exchange rate rebounded from its initial losses this week, following a dovish interest rate hike from the European Central Bank (ECB). Euro slumps as ECB signals interest rates have peaked The Pound Euro exchange rate opened this week on the front foot. Sterling was bolstered by a prevailing risk-on mood, while EUR […] The post Pound Euro exchange rate rallies following ECB’s dovish rate hike appeared first on Spanish Property Insight .
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Which nationalities go more for second-homes in Spain?
Sat, 16 Sep 2023 18:30:05 +0000
Most foreign buyers in Spain go for second-homes, but some nationalities more than others. If you look at the data for Spanish home purchases by foreign buyers, and break the numbers down between residents and non-residents, and assume that residents are buying main homes (which most of them are, though some will be buying a […] The post Which nationalities go more for second-homes in Spain? appeared first on Spanish Property Insight .
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Spanish home sales down 18pc in July 2023
Sat, 16 Sep 2023 17:17:21 +0000
Spanish home sales declined by 18pc in July compared to last year, according to the latest data from the notaries. Compared to last year’s boom the downward adjustment is picking up steam, but it still looks like a soft landing. There were 57,255 Spanish home sales witnessed by notaries during July, down 18pc nationally with […] The post Spanish home sales down 18pc in July 2023 appeared first on Spanish Property Insight .
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