Tag Archives: tax

Inflated Prices Drive Property Sales Down in Mallorca

Despite constant reports of improving Mallorca properties for sale, it seems the reality in the field is somewhat different as more and more Mallorca real estate agencies report drops in sales which have been constant since 2010. The Balearic government … Continue reading

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VAT Tax Reduction for Property in Spain Extended in 2012

The economic crisis has hit the Spanish property market pretty hard and up until the recession hit it was one of the best emerging real estate investment ventures. Especially popular were the regions of Marbella, Costa del Sol and Mallorca … Continue reading

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Mallorca Town Calvia Approves Freeze on Property Tax

Good news from Calvi on the southwestern part of Mallorca real estate is coming out these days. It seems that since the Spanish economy is currently under some restraint and the real estate sector has suffered stagnation and recently even … Continue reading

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