If you’ve been considering buying property in Spain, you may have recently seen misleading comments online saying that a 100% tax increase for non-EU buyers is already in place or coming soon. Let’s set the record straight: this is simply not true.
There is no such law in place at the moment, and it is highly unlikely that such a drastic measure would ever come into effect. More importantly, any purchases made in the next year or so would remain completely unaffected, as any changes would have to be discussed and voted on in Spanish parliament and that all takes time!
The truth about buying property in Spain
Spain remains one of the most attractive destinations for overseas property buyers, offering stunning coastal and countryside locations, fantastic weather and a laid-back lifestyle. The Spanish property market continues to thrive, and there has never been a better time to buy.
Yes, discussions around taxation and foreign investment do happen from time to time, but major changes are highly unlikely and certainly not in the near future. This kind of rumour can cause unnecessary hesitation among potential buyers. However, delaying a purchase based on unfounded speculation could mean missing out on some fantastic opportunities.
Why buy now?
1. Stable and Attractive Property Prices – Spain continues to offer excellent value with prices still reasonable in many areas.
2. Favourable Exchange Rates with recent post-Brexit Highs – Our team at A Place in the Sun Currency can help you make your money go further when purchasing property in Spain and taking the pain out of money transfer.
3. Mortgage Availability – A Place in the Sun Mortgages can offer competitive mortgage options for foreign buyers, making property ownership even more accessible.
4. The Dream Lifestyle Awaits – Why wait when you can start enjoying Mediterranean sunshine, world-class cuisine, and a relaxed way of life today?
Let’s talk in person – meet us at Our Manchester Show!
We understand that buying a property abroad is a big decision, and you deserve clear, honest information. That’s why we invite you to join us at our upcoming Manchester property show, where our exhibitors will be on hand to explain everything you need to know about buying property in Spain.
They’ll walk you through the buying process, discuss financial considerations, and most importantly, dispel the myths surrounding taxation and regulations. You’ll leave with facts, confidence, and a clear path forward to owning your dream Spanish home.
Don’t let unfounded rumours hold you back
The best time to buy an overseas property is always now. Property prices rise, demand increases, and waiting could mean losing out on the perfect opportunity.
Don’t let baseless rumours or scare stories deter you from making one of the best investments of your life. Come and talk to us at our Manchester show, and let’s make your dream of owning property in Spain a reality!
Click here to buy your ticket today or email us at [email protected] if we can help in any way.
If you can't make it to our Manchester exhibition, but would still like to find out more about buying properties in Spain, why not download our FREE Interactive Buying Guide to Spain or start exploring thousands of Spanish properties today!
