The project includes the creation of 240 rooms – of which 140 will be residential-, a SPA with beauty salon, restaurant, swimming pools and five rooms with an area of one thousand square meters and a covered terrace for holding events. This will be the W Marbella that will open its doors in 2021. In… Read more »
Posts Categorized: Market & News
W hotel chain to open luxury resort on the beach in Marbella
A leading luxury hotel chain is to open an establishment in Marbella. The W chain signed an agreement with the Platinum Estates investment group, which is developing a project in the area of the sand dunes at Real de Zaragoza, to manage the hotel, which is expected to open in 2021. There had been rumours… Read more »
The Spanish property industry appears to be flourishing again after years of crisis.
According to an article in OlivePress profits tripled in the fourth sector in 2016 to a total of around €1.4 billion. This is a drastic increase from last year’s profits of 407 million, and isn’t far behind 2007’s registered profit of €1.6 billion, signalling a return to the market seen in the country before the financial… Read more »
Taxes in Spain
Tax in Spain is a very complicated affair, and there are potentially severe fines and penalties for anybody who fails to declare and pay the correct tax in Spain. Given that Spain has become the most popular destinations for to relocate to anywhere in the world living in Spain, understanding the many different taxes in… Read more »
New regulations for short term-rentals properties in Andalucia, Spain
A new law, Royal Decree 28/2016 that regulates vacation rental properties and modifies the existing regulation for vacation rental properties came into force on May, the 12th, 2016. Any properties that are located a residential area that is being advertised for rent to tourists (short term rents, less than two months to the same… Read more »
Spanish property market recovery set to continue in 2016
According to an article posted in Property Wire, the prospect of the Spanish house market in 2016 will continue to recover but the latest data shows it is still a rollercoaster and growth very much depends on location. According to the latest figures from appraisal company Tinsa prices are still increasing with its latest index… Read more »