New year and new opportunities! Isn't it fantastic to step into the new year, with new energy and new ideas. Maybe you have already set goals for the coming year and maybe it's finally time to do what you have been dreaming of for so long? There are many who have not been able to travel as usual during the pandemic and you may have spent most of the time at home. Therefore, many who have long had thoughts of moving or buying a holiday home abroad have finally followed that dream and realized it. Then there has been even more longing now than ever for sun and swimming. It is noticeable in the autumn when prices rose for homes down here on the sunny coast and demand became high. And that both younger and older people invest in a home in the sun to rent out, use as a holiday home or move down permanently.
Have you also dreamed away to warmer latitudes? But you may not have found something that suited you last year. No danger! You still have the chance to buy your home here on the Costa del Sol and only pay 7% in transfer tax. Which is usually around 8-10%, but which for the time being is a "discount" now during the pandemic. The transfer tax is paid when you buy a home and it is then 7% of the purchase price that is added. It is also important to keep in mind that 1% goes to a lawyer and 1% to a notary.
So when it's finally time to take the plunge and buy a home in Spain, it's a good time to do it now. We at HomenetSpain are happy to help you through the entire process so that you get a safe and good deal. Do not hesitate to contact us for more questions, we are here for you!
