Discover key strategies for successful property investment in the Spanish real estate market.
The TAX advantages to invest in the region of Andalusia
I live in Mojacar in the region of Andalusia a very popular place with expats. Not just because of the climate, great food and live music, but because of Tax.
Yes, you read correctly TAX
Among Spain’s 17 regions, Andalusia now has the second lowest tax requirements after Madrid.
So why should you invest here?
Andalusia is currently home to almost 740,000 foreign residents. Close to half of these are from Europe.
The UK and Romania represent the largest demographic with 88,000 and 75,000, followed by Italy with 24,000, Germany with almost 16,000, Russia with 14,000 and France with 13,500.
Overall, Spain is home to more than 7.3 million foreign-born people. Of these, 2.2 million are from Europe.
Besides Seville - Andalusia's capital - the region is home to some of Spain’s most-visited destinations, including Mojacar, Granada, Malaga and Marbella.
So why are all theres investors coming to this region you ask! TAX SAVINGS
To find out more get in touch today and book a 121 video call with me to explore the opportunities that are available and start your Spanish property adventure!
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