Buy Property In Malaga UPD
The Picasso Museum is a big draw for tourists, but actually there are some other wonderful museums to visit too, amongst them the Museo Carmen Thyssen, the Automobile and Fashion Museum. With so much culture and great food and drink, Málaga has become highly popular for the weekend break market, with all the potential that offers property owners from Airbnb.
buy property in malaga
Anyone looking at living in Málaga has a huge range of areas to choose from, from quiet and relaxed to busy and bustling. Here are some of our top spots, plus how much the average property would cost:
Set up to help our readers avoid the many complexities and pitfalls of buying property in Spain, the guide takes you through each stage of the property buying process, with practical recommendations from our experts who have been through the process themselves.
Marbella: Marbella is the second most populated city in the Malaga province. The coastal city of Marbella is located near the Mediterranean Sea and Sierra Blanca mountains, between Malaga and the Strait of Gibraltar. Marbella is one of the most popular tourist resorts in the region, being home to various beachfront property in Malaga. The tourism facilities and resorts, lush nature, and long beaches meet with the ideal mild climate in Marbella.
Malaga is one of the most known places for property investment among all individual and corporal real estate investors. The tourism, culture, and economical growth of the province gave itself another dimension of development. There is a big demand for property for sale in Malaga by foreign investors, starting from the start of the 21st century.
If you are considering buying a property in Andalusia, please do not hesitate to contact us for further information. We guarantee a personal service and professional legal advice representing your interests at all times.
Real estate in Malaga and the Costa del Sol has always been a profitable investment. According to the recent stats provided by the Bank of Spain, real estate in this region is one of the very few assets that ensures a considerable positive return on investment even despite the current economic crisis caused by the pandemic. Buying a property in Malaga, you get a 5.6% rental yield and this figure is expected to grow as the real estate market continues recovering from the pandemic.
Are you looking for a holiday apartment in Spain or an option to invest in? Search no more! Our platform offers verified property listings from trusted construction companies and real estate agencies in Malaga and other popular destinations in Spain as well as property sales stats and other market analytics, city and neighbourhood guides, practical tips for holidaymakers, property investors and expats.
We are people-focused, providing high quality concierge-level services across all aspects of the property market. We listen, we hear, we understand. Our background in property valuation ensures our price guides are accurate and transparent.
For those who are looking to buy property on Costa del Sol and wish to be close to the airport and have plenty of attractive beaches then Benalmadena could be the ideal place. Situated around 12 kilometre west of Malaga is the charming town of Benalmadena, One can say that Benalmadena has a very old fashioned Andalusian charm mixed with modernity which is something that appeals to many and makes property for sale in Benalmadena beloved.
However, the project has been stalled as 250 graves were found where Pique's property is. Now, relevant studies will have to be carried out to find out exactly what century they are from.
The archaeologist said that the project should be given the green light to move ahead in January 2023. He believes that there should be no further complications in their bid to build something in the property.
If you are considering buying a property in Malaga, Marbella real estate agents Sur Estates have the best and widest selection of properties for sale in Malaga and in their best neighbourhoods including in areas like Calle Marqués de Larios, Malagas historical centre, La Malagueta, El Limonar, Pedregalejo, El Palo, Pinares de San Antón and Lomas de San Antón, contact us today if you have any further queries or if you are looking to buy property in Malaga.
There are different tax implications when you are buying, selling and owning a property, depending on whether you are a resident or non resident in Spain. Learn about property taxes in Spain for non residents (and residents) and avoid confusion when paying them.
Purchasing a property in Spain involves the payment of different taxes, ranging between 8% and 11.5%, whether the property is newly built, generally sold by banks or construction companies, or the property has already been owned by another person, a resale.
When selling a property in Spain you need to be aware of the payment of Plusvalia and Capital Gains Tax. The payment of Capital Gains Tax is between 19% and 24% and Plusvalia would be a percentage of the sale.
Plusvalia is paid to the local Town Hall where the property is located. The calculation is based on the increase of the value of the land, known as valor catastral, and the number of years you were the owner. The land value is in the IBI receipt and it increases every year, regardless of the real market value of the house, so Plusvalia is due even if you lose money selling.
Residents in Spain do an annual Rental Declaration which would also include income gained by renting their property or imputed income tax if their property remains empty and will be taxed according to other earnings and personal tax allowances.
Non-residents who own property in Spain have the fiscal obligation to declare earnings on their property and pay an annual income tax that varies according to whether the property is rented out or not.
If your property remains empty for all or part of the year the Spanish Tax Office taxes the potential income your property could produce if it was rented. This is known as Imputed Income Tax, payable as follows:
When selling a property in Spain you need to be aware of the payment of plusvalia and capital gains tax. The payment of capital gains tax is between 19% and 24% and Plusvalia would be a percentage of the sale.
At VIVA, we are pleased to offer a diverse selection of properties in the beautiful town of Málaga. Our portfolio includes a wide variety of homes, from spacious villas with stunning sea views to cozy apartments in the heart of the town center.We understand that every client has unique preferences and requirements, and our team is committed to finding the perfect home for each and every one of them. Our experienced agents are fluent in several languages and have a deep knowledge of the local real estate market, which allows us to offer expert guidance and advice throughout the buying or selling process.Whether you are looking for a permanent residence, a vacation home, or an investment property, we have the ideal property for you. Our homes are located in some of the most desirable neighborhoods in Málaga, offering easy access to world-class golf courses, stunning beaches, and a wide range of local amenities and attractions.At VIVA, we pride ourselves on our exceptional customer service and attention to detail. We work closely with our clients to ensure that their individual needs are met, from selecting the right property to negotiating the best price and handling all the paperwork.If you are looking for a home in Málaga, look no further than VIVA. Contact us today to schedule a viewing and take the first step towards finding your dream home.
Welcome to Your property in Spain, an international real estate company based in the Costa del Sol. We pride ourselves on the high quality service we provide to our clients. We are an international and multilingual team comprising professional lawyers specializing in real estate and with extensive experience in real estate investment. Our aim is to provide a professional and personalised service to each client. Our experienced team has a proven track record in providing dynamic real estate investment services and delivering value to our clients in the Costa del Sol for many years.
We aim to offer you the most comprehensive real estate experience, with an extensive range of properties for sale, including country houses fincas, rural properties, cortijos, villas, houses, duplex apartments, townhouses, penthouses, golf apartments and businesses. With a large property portfolio of every type of home and investment property, we are the trusted local agency.
We purchased a property in Alhaurín in January through Ideal country Property and wanted to express our gratitude to Patricia and the team who were exceptional in their delivery of service. Knowlegable in every aspect of the property, the community, the surrounding and wider areas, as well as being able to put us in touch with excellent on going service providers. Nothing was too much trouble and as first time buyers in another country, Patricia and the team were able to keep us informed and put our minds ease whilst taking these exciting new steps. We would like to say a big THANK YOU to Patricia and would definitely recommend if is anyone is looking for a professional, courteous, knowledgeable property agent - Look no further!
Having dealt with Ideal over a number of months in my search for a property for our family, I have been impressed by their commitment to find the most suitable property. Despite asking lots, and lots, and lots of questions :) They have always remained pleasant, helpful and quick to respond. They are a credit to the business. 041b061a72