Updated Spanish Tax - New builds

13 June 2010

The Spanish government has announced that the VAT payable in respect of new residential properties will be increased from 7% to 8% with effect from 30/06/10. With prices now having seemed to have reduced to the same level as the last quarter of 2006 and appear to have bottomed out, it would appear it is time to take advantage to buy now before this tax rise takes place. Please contact us for more information.

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Property of the week
20-1
Country House
Soller and Port de Soller, Mallorca

Beautiful semi-detached country house for sale in Soller with a lovely pool and garden...