A highlight from the
NEWS AND BUSINESS-BUILDING IDEAS
TIMES ONLINE 6.300 Offices Around The World Subscribe in:
OCTUBRE | OCTOBER 2013
www.remaxeraliatimesonline.com
Annual Varia on in Andalucía By Álvaro Cabreja Lavigne Associate Agent Tel. (+34) 660 956 823 Alvaro.cabreja@remaxeralia.es
TRANSACTIONS August 2012 August 2013
SALES PRICE 2nd Quarter 2012 2nd Quarter 2013
-7,4 %
-7,4 %
Residence in Spain for Foreigners Law Inves ng 500,000 Euros Law 14/2013 (on September 27th) in Support of Entrepreneurship and interna onaliza on
How is the Market? In Marbella 15.1 homes are sold daily. This data was rather surprised in the second quarter of the year (2013), as it has surpassed even the municipality of Malaga with 14.3 homes sold per day, Mijas with 12.2 and behind the other important towns in the Costa del Sol. In the upper graph the data are obtained from the Ministry of Public Works, which refer to units signed in the Notary on a business days. It is s ll early to speak of a stable recovery, because although there are signs of stability, even can be between 1 to 2 years to talk of recovery. The housing stock is consumed, but it is necessary to observe the trend of the next two quarters and see how the year ends. (Data obtained from www.MarbellaMarketReport.com) For FREE DOWNLOAD of the updated Housing Report (40 pages) www.MarbellaMarketReport.com
Did You Know...? To buy a property in Spain Spanish and foreign buyers pay the same taxes. Whether newly built and second hand proper es. Considerable adjustment of housing prices a racts increasingly larger number of foreigners increase by 32.9% in the annual rate.
RE/MAX Eralia Oficce Nº 1 in Andalusia 2012
On September 27th Law was passed is expected to invigorate foreign investment in Spain. The main requirements for obtaining a residence visa are: - Having ways of living for himself and his family. - Not to find irregularly in Spain and have no criminal Penal es (5 years). - Health Insurance Public or Private. - Acquisi on of one or more proper es with aggregate value of over € 500,000 in the 60 days prior to the request. - Comply tax and Social Security. People who meet these requirements and others will obtain Residence Permit of two years., With possibility of renewal for another 2 years.
Los Patios de Santa María Golf, local 13—14 29604·MARBELLA (Málaga) Spain Telf. (+34) 952 831200 e-mail. eralia@remax.es www.remaxeralia.es