What is the Non-lucrative Visa?

Visas now seem to come in all shapes and sizes, and their value needs to be carefully evaluated according to a individual’s aims and personal circumstances. Today our focus is the non lucrative visa. We are pleased to share the extract from a recent newsletter from one of our professional partners Abaco Advisers, solicitors based in Spain, penned by David Ruiz of Torrevieja Transactions: If you live in a country outside of the EU and wish to live permanently in Spain, then applying for the non-lucrative visa might be the next step for you. This visa, is initially granted for … Continue reading What is the Non-lucrative Visa?

Calasparra

A trip of around a 75min drive from Orihuela Costa will take you to Calasparra, within the Murcia region. A visit to The Sanctuary of Our Lady of Hope ( and Patron Saint of Calasparra ) is a must, and indeed the town of Calasparra is also worth a stroll around. The Sanctuary is to be found in a cave which has been spectacularly carved into the rock. The feat of such a structure is a sight to see. The cave is home to 2 images of the Virgin of Hope. One small ( La Pequeñita ) and one larger … Continue reading Calasparra

Spanish Property Market

Latest data on property sales in sales show that the reduction in demand due to the pandemic has already ended. 19% higher than the year before Covid hit. Sales are nearly back at the levels seen just before the financial crash, 14 years ago. The increased demand was experienced in nearly all regions. However, so far property prices have remained steady. If demand continues at current levels, though, it is possible that may change. Interested in buying a holiday in Spain (or Portugal), email us info@propertiesoveaseas.co.uk or ring on +44 330 001 1247 Continue reading Spanish Property Market

Why Use Properties Overseas?

Want to buy a property abroad? How do you ensure you make the right choice? Whilst the internet can find properties with the attributes you search for, identifying those that are in an area that would suit you is very hit and miss. What looks good on the screen, in reality, is a great disappointment in real life. Photos are taken to show off the properties as best they can; pylons, building sites, industrial and commercial neighbours are avoided. The biggest problem most internet searchers experience is the sheer volume of properties their searches present. Properties Overseas helps its clients … Continue reading Why Use Properties Overseas?

Brexit – Changes to the rules on Financial Advice

You take financial advice from the UK but live in Spain, France, Portugal, Cyprus, Malta or another EU country? Regulations are changing. What do you need to think about as full Brexit approaches? Reassuringly, even if there is a no-deal Brexit, citizens’ rights for UK nationals legally settled in an EU member state by 31 December 2020 are protected under the UK-EU Withdrawal Agreement. There are no such guarantees, however, in the area of financial services, which could affect whether you can continue to receive UK-based advice and services as an EU resident.  You need to make sure you check that your … Continue reading Brexit – Changes to the rules on Financial Advice

Why Buy A Resale Property?

Many coastal areas in Spain are now mature resorts where building sites in prime locations are limited and expensive. In order to get the property you want in a good location, close to the beach and amenities, resale properties maybe the best or only option. There are other advantages, these include: Can be considerably cheaper to buy ( in some areas new builds command a 30% premium) Able to take possession quickly Less expensive community fees More certainty on running costs No further construction disruption in the area You will know what the area will be like in a few … Continue reading Why Buy A Resale Property?