Teuerste Wohnung der Balearen befindet sich in Palma
Publiziert am 02.08.2017
Auf Mallorca befindet sich die teuerste Wohnung der Balearen. Im Carrer Sant Feliu in der Altstadt von Palma steht die 497 Quadratmeter große Immobilie für 3,59 Millionen Euro zum Verkauf. Der Quadratmeter Wohnfläche kostet dort 7231 Euro. Das geht aus einer Übersicht der Webseite "preciosviviendas.com" hervor, die Immobilienpreise vergleicht.
Zu haben sind in Palma zudem auch Wohnungen im Carrer Murillo für 3,55 Millionen (461 Quadratmeter) sowie für 3,45 Millionen Euro (44
6 Quadratmeter) am Passeig Sagrera. Insgesamt sind die Immobilienpreise in der Inselhauptstadt im ersten Halbjahr 2017 um sieben Prozent gestiegen. Neben Palma stehen auch in der Gemeinde Calvià Häuser und Wohnungen zum Verkauf, für die ein Quadratmeterpreis von mehr als 4000 Euro gefordert wird.
Am teuersten ist Wohnraum allerdings in Ibiza Stadt, in einigen Straßen werden über 5000 Euro für den Quadratmeter verlangt. Teilweise war dort ein Preisanstieg von 18 Prozent zu verzeichnen.
Quelle: Mallorca Magazin
New rules on unbuilt properties restore faith in Spain’s legal system
Publiziert am 01.08.2017
For those who have paid them into developers’ bank accounts, they should be refunded by the bank even if the developer is no longer trading.
And if that’s not enough, interest is paid on the deposit.
Regarding the repayment of interest on mortgages, banks are instructed by the courts to repay interest to customers whose mortgage agreement has resulted in them paying interest above the market rate.
There is good news too concerning the plusvalia ta
x, a capital gains tax applied by a local municipal council in addition to the one by the Autonomous Community e.g. Andalucía.
The recent court ruling has confirmed that that local tax should only be paid where there has been a capital gain.
In the past, these taxes had to be paid even where a loss has been made.
In addition to these happy circumstances, though not for the banks or the local municipalities, there is a possibility of return of further monies from the taxman.
The crucial statement by the Spanish Constitutional Tribunal in the plusvalia tax case is: “It is in unconstitutional to tax not just a potential economic capacity but specifically, one that is fictitious, virtual or inexistent.”
Surely, that must also apply to the insidious Complimentary Tax that is levied on buyers and sellers due to the tax authority deciding that a property has been sold at too low a price.
The reason they impose the tax is that so many buyers and sellers have colluded to declare a lower price on the formal sale documents than the price that is actually being paid.
This lowers the capital gains tax to be paid by the seller and the equivalent of stamp duty that is paid by the buyer.
In the past, this ‘B’ money is reputed to have been in the region of 30% of the actual purchase price, with lawyers, bank managers and agents all reputedly being aware of the additional cash transaction.
However, the money-laundering laws and the resulting imprisonment of a few ‘examples’ of the aforesaid lawyers, bank managers and even notaries, the professionals now steer well clear of this habit.
It is now much less common, which is a good thing.
As an aside, it has made life extremely difficult for valuers.
Even if the Property Registrars information was publicly available, as it is in the UK and many other countries, the prevalence of cash payments mean that the registered prices do not reflect the actual current market value of the property.
So, the tax authorities now calculate a ‘fair’ value for property in an area, by applying a multiplier to the survey value of each property, and taxing people on the higher of that ‘fair’ value or the registered sale price.
That has led to many injustices where additional tax is being claimed on sale prices and profits that genuinely have not paid or made.
It doesn’t take into account of the property being a poorer than average house or a desperate seller offering a bargain.
It’s not right that both buyer and seller should be accused of cheating and have additional tax on them, based on the erroneous opinion of the tax authorities.
At Survey Spain we see so many errors in the surveys that are then reflected in the Catastral Value, which compounds the problem.
Cheating the taxman is a cultural thing, but treating everyone as a cheat is not right.
So, let’s get a campaign together to reclaim the complementary tax.
A 2017 Snapshot of The Spanish Property Market
Publiziert am 01.08.2017
Spanish property prices rose to absurd levels during the Spanish property boom, which came to a dramatic halt in 2007. Since then Spain has suffered a severe economic crisis, which has further damaged property values, with the result that property prices in many areas are still similar to those existing in 2004. Indeed, house prices have dropped by as much as 35%-50% since the boom and now offer exceptional value for money.
But prices vary wildly between different areas of Spain
and the market recovery that began in 2012/13 is certainly not everywhere. Over-supply issues were never such a big issue in Mallorca and Ibiza so prices have begun to rise again already. Spain’s National Institute of Statistics (INE) have reported that the Spanish market has grown every month since March 2014, with sales going up steadily, year on year. The Balearics and Almeria show the biggest year-on-year increases over 2016.
The enduringly popular Marbella arguably led the recovery on the Costas, whilst in 2014 the Costa Blanca market – especially the new-build sector – sprung back into action. The INE have also revealed that 40 per cent of foreign buyers in Spain were in the Alicante region (including the Costa Blanca). Post Brexit vote, British buyers have dipped a little but still lead the way, but are followed by a much more diverse spread of nationalities that include non-EU investors seeking “golden visas” as well as a good range of northern Europeans seeking to escape freezing winters.
Many of the distress sales we heard so much about have now been hoovered up so whilst buyers may still find some great deals amongst resale properties with vendors anxious to sell quickly, the scope for negotiation is narrowing in the hot spots of the Costa del Sol and Costa Blanca.
That’s not to say the market is completely rosy – far from it –properties in less popular or marginal locations are still struggling to sell – along with desirable properties in areas such as Menorca where supply outweighs demand.
The real market recovery won’t gather momentum until the domestic sector bounces back, and there are now reports of Spanish retirees joining the overseas bargain hunters on the Costas, so these are positive signs. Mortgage options have increased during 2016 but cash is still king amongst the lower price bands. Whether you are seeking something new or old, it’s clearly a great time to buy in Spain – before those price rises really gather momentum.
For many of the recent buyers we feature on aplaceinthesun.com, the TV show or in A Place in the Sun magazine the search for a property began a good couple of years ago. Rarely these days is it a spontaneous decision, rather the result of several months of careful research and watching the market.
Such research may have included visiting a property show such as A Place in the Sun Live to pick up advice and ideas, as well as trawling the internet.
Websites provide good information but rarely portray the reality of an area - both in and out of season – so factfinding trips are vital. It’s amazing how many people state that they “thought” they wanted to be in once place, yet they ended up changing their mind halfway through their search process.
After all, not only do you need to hone down the region – how relevant is climate? – but then the area, and maybe a shortlist of villages or resorts, down to the right part of a town for you.
Equally you really need to see any property you are buying to view both the quality and the location. Certainly, there is no shortcut to buying property in Spain and an essential part of your research should always involve staying where you think you wish to buy. Many developments offer this possibility.
Studie: Private Mieter stellen nur 15 Prozent der Besucher
Publiziert am 01.08.2017
Die Vereinigung für touristische Vermietungen in Apartments und Wohnungen auf den Balearen (Aptur) hat eine Studie vorgelegt, die den Anteil der Gäste der touristischen Ferienvermietung am Urlauber-Gesamtaufkommen auf lediglich 15,3 Prozent beziffert. Mit diesem Ergebnis will Aptur gegen Aussagen zu Felde ziehen, die in der Ferienvermietung die ausschließliche Ursache für die Massifizierung der Besucher auf Mallorca und den Schwesterinseln sehen.
Für die Studie wertete der Ve
rband offizielle Zahlen und Daten des Statistikamtes sowie der Tourismusministerien vom August 2016 aus. Demnach hielten sich im spanischen Hauptreisemonat des vergangenen Jahres 2,73 Millionen Urlauber auf den Balearen auf. Davon kamen 418.220 in der legalen wie illegalen Privatferienvermietung unter, was einem Anteil von 15,3 Prozent entspreche.
In den Hotels wiederum übernachteten der Studie zufolge 1,82 Millionen Gäste. Ihr Anteil am Gesamtaufkommen betrug 66,4 Prozent.
Der Anteil jener Urlauber, die weder in Hotels noch in der Ferienvermietung nächtigten, betrug Aptur zufolge 16,2 Prozent. Es handle sich um ausländische Immobilienbesitzer, die in den eigenen vier Wänden urlaubten (5,9 Prozent am Gesamtaufkommen). Hinzu kamen Reisende, die bei Freunden und Angehörigen schliefen (9,2 Prozent). 1,1 Prozent übernachteten in Wohnwagen, Zelten, oder per "Couch-Tausch".