Property in Spain still offers excellent returns in terms of capital growth and rental income. Over the past few years, an annual increase in price of between 10% - 20% has been common and is expected to continue.
More low cost flight operators are entering the market and the frequency of flights and range of departure airports is increasing all the time.

Buying Property in Spain

Transfer of Ownership Tax on a new property is 7% VAT plus 1% duty.
Legal fees are 1% of the property price, in most cases 50% of this is usually paid on signing preliminary contracts and the rest when ownership is taken.

Location

Spain is located in the southwest of Europe and shares the Iberian Peninsular with Portugal, Gibraltar and Andorra.
 
Languages spoken in Spain