Eastern & Spanish Algarve Golf Property News: Both amateurs and professionals will be able to play in a new European golf tour during the winter months thanks to the newly formed Iberian Golf Tour (IG Tour). Read the rest of this entry »
Algarve Golf Property News: New Iberian Golf Tour
March 3rd, 2010Spanish Algarve Property News: Capital Gains Tax Rebate
February 24th, 2010Spanish Algarve Property News: Great news! If you sold a property in Spain between 1997 – 2006 you may be entiled to a Spanish Capital Gains Tax rebate
Between 1997 and the end of 2006, UK citizens paid 35% Capital Gains Tax (CGT) when selling their property, whilst Spanish nationals only paid 15%.
The ECJ ruling has confirmed legal arguments and states that this overpayment contravenes European Community Treaty discrimination rules and should not have been charged by the Spanish Tax Authorities.
Therefore, if you meet the requirements, you are entitled to reclaim this overpayment, plus approx 6% interest annually from the moment you present your claim (estimated average to reclaim: 15,000 €).
The ECJ ruling means that as many as 90,000 people could now make a claim.
Claims must be registered within 12 months of the ruling, so make sure you don’t MISS OUT!
Contact www.spanishalgarveproperties.com to find out more.
ALGARVE PROPERTY: A GUIDE TO VILAMOURA
February 16th, 2010
Algarve Property News. The Algarve started to become a hotspot for northern Europe tourism as far back as the 1960s and since then British, Irish, Dutch and Germans have been regular visitors to the region. The market for holiday homes in the area has developed slowly and responsibly over time and is stable and robust today with new and old homes alike sharing a very high build quality – much higher than many other popular second home markets. Read the rest of this entry »
Algarve Property News: Algarve Housing Market As Stable As Ever
February 10th, 2010Algarve Property News: Portugal is enjoying an increase in attention at present. The difficulties encountered by Spain throughout the recession are prompting buyers to look to its neighbouring country where prices are more stable. Read the rest of this entry »
Algarve Golf Property News: European PGA Tournament Dates
February 10th, 2010Algarve Golf Property News: The European PGA has confirmed the dates for the 2010 tournament at The Victoria Course – Thursday 14th to Sunday 17th October. Read the rest of this entry »
Spanish Algarve Property News: New Restaurant On Costa Esuri
February 10th, 2010
Spanish Algarve Property News. A new restaurant will soon open on the Costa Esuri community in Ayamonte that will offer property owners a new much needed alternative to the club house. Read the rest of this entry »
THE ALGARVE PROPERTY MARKET: EAST vs WEST
January 8th, 2010Algarve Property News. What does the Western & Eastern Algarve have to attract buyers? The Western Algarve is a rugged coastline, more exposed to the Atlantic headwinds than the other Algarve regions and so more weathered. This is where you find the dramatic sandstone cliffs, frequently used in Algarve literature and some of Europe’s most pristine and secluded bays, beaches and coves. It offers excellent facilities for water sports, golf and some historic towns (Lagos and Silves for example) but there are also more lively cities to enjoy (Albufeira and Portimao). The Algarve Formula One Racetrack has recently been built close to Portimao and now hosts many annual events and Lagos is very popular for its excellent mix of new meets old. Read the rest of this entry »
Algarve Property News: Another Airport Starts Flights To Faro
December 21st, 2009Algarve Property News. Ryanair has announced another direct route to Faro recently from Derry.
Starting first of April 2010, the new service will bring a wider holiday choice to Northern Ireland in time for Summer 2010 and further underlines the importance of Faro as an international destination for holiday makers, golfers and sportsmen. Read the rest of this entry »
Amazing Property Deal In The Spanish Algarve
November 20th, 2009Algarve Property For Sale. A developer in Huelva is now offering a fantastic deal to prospective buyers of the few remaining properties on Hoyo 14, a luxury community of townhouses right by the beach and golf course of Nuevo Portil, an area known for it outstanding natural beauty on the Spanish Algarve. Read the rest of this entry »
Income Tax & The Spanish Algarve Property Market
November 20th, 2009Spanish Algarve Property News. Following a number of enquiries about Spanish income tax for non residents we have the following information. In a nutshell, wealth tax was abolished in Spain as of 01//01/08 and was replaced by Income tax. This applies to each property owned by someone who is not a registered Spanish resident. Read the rest of this entry »